Act

Urban homesteading in multifamily public housing act

Mich. Comp. Laws § 125.2721— Short title
Mich. Comp. Laws § 125.2722— Definitions
Mich. Comp. Laws § 125.2723— Urban homestead program in multifamily public housing; availability of property to qualified buyers; resolution; appeals process to applicants and buyers
Mich. Comp. Laws § 125.2724— Acquisition of housing project by resident organization; conditions; payment of fees and operation subsidies; management training and counseling; application for grant funds
Mich. Comp. Laws § 125.2725— Transfer of legal ownership
Mich. Comp. Laws § 125.2726— Acquisition of public housing property; eligibility to enter homestead agreement; substance abuse testing; verification of school attendance
Mich. Comp. Laws § 125.2727— Acquisition of public housing unit in which qualified buyer resides; application; felony as automatic termination; conditions for transfer of legal ownership; escrow account
Mich. Comp. Laws § 125.2728— Mortgage loans
Mich. Comp. Laws § 125.2729— Right of first refusal
Mich. Comp. Laws § 125.2730— Legal ownership by resident organization or successor entity; effect on residents who do not become owners
Mich. Comp. Laws § 125.2731— Federal waivers
Mich. Comp. Laws § 125.2732— Additional powers
Mich. Comp. Laws § 125.2733— Audit
Mich. Comp. Laws § 125.2734— Late or delinquent rent