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Me. Rev. Stat. tit. 30-A, § 4854

Sources of fund

Known as the Maine Housing Authorities Act

The act spans §§ 4701–4994 (109 sections).

PL 1987, c. 737, §§A2,C106 (NEW)

There shall be paid into the fund:

1. Appropriations. All money appropriated from the General Fund for inclusion in the fund;

2. Repayment of advances. Subject to any pledge, contract or other obligation under section 4855, any money which the Maine State Housing Authority receives in repayment of advances from the fund;

3. Gains from investments. Subject to any pledge, contract or other obligation under this section, all interest, dividends and pecuniary gains from the investment of money of the fund;

3-A. Nonlapsing revolving loan funds. Any funds remaining in a revolving loan fund administered by the Maine State Housing Authority for a period longer than 10 years and directed by the Maine State Housing Authority to be paid into the fund; and

4. Other money. Any other money available to the Maine State Housing Authority and directed by the Maine State Housing Authority to be paid into the fund.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.