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Michigan Compiled Laws Complete Through PA 348 of 2018
House: Adjourned until Tuesday, November 27, 2018 1:30:00 PM
Senate: Adjourned until Tuesday, November 27, 2018 10:00:00 AM

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Act 84 of 1999
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Act 84 of 1999

AN ACT to create an urban homestead program for multifamily public housing; to provide that certain local governmental units and public housing entities create and administer urban homestead programs for multifamily public housing; to prescribe the powers and duties of certain state and local governmental units and public housing entities; and to provide for the disposition of personal and real property.

History: 1999, Act 84, Imd. Eff. June 28, 1999

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 125.2721SectionShort title.
Section 125.2722SectionDefinitions.
Section 125.2723SectionUrban homestead program in multifamily public housing; availability of property to qualified buyers; resolution; appeals process to applicants and buyers.
Section 125.2724SectionAcquisition of housing project by resident organization; conditions; payment of fees and operation subsidies; management training and counseling; application for grant funds.
Section 125.2725SectionTransfer of legal ownership.
Section 125.2726SectionAcquisition of public housing property; eligibility to enter homestead agreement; substance abuse testing; verification of school attendance.
Section 125.2727SectionAcquisition of public housing unit in which qualified buyer resides; application; felony as automatic termination; conditions for transfer of legal ownership; escrow account.
Section 125.2728SectionMortgage loans.
Section 125.2729SectionRight of first refusal.
Section 125.2730SectionLegal ownership by resident organization or successor entity; effect on residents who do not become owners.
Section 125.2731SectionFederal waivers.
Section 125.2732SectionAdditional powers.
Section 125.2733SectionAudit.
Section 125.2734SectionLate or delinquent rent.
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