§45-32.1-1  Purpose. –

Published: 2015

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Towns and cities

CHAPTER 45-32.1

Redevelopment Aid for Hospital and Educational Purposes

SECTION 45-32.1-1

   § 45-32.1-1  Purpose. –

The purpose of this chapter is to assist any municipality in this state, or any

redevelopment agency created or to be created pursuant to § 45-31-9, to

obtain credit from the federal government for local grants in aid to urban

renewal which is federally assisted under the Federal Urban Renewal Law (title

I of the Housing Act of 1949, as amended, mostly omitted by 42 U.S.C. §

5316, which terminated the authority to make most grants or loans after January

1, 1975; see, however, 42 U.S.C. § 1452c) for certain expenditures in

connection with land, buildings, or structures (and the relocation of

occupants) within, adjacent to, or in the immediate vicinity of, a

redevelopment project area which are redeveloped or rehabilitated for

educational or hospital use in accordance with a redevelopment plan or a

development plan acceptable to the United States of America or department,

agency, or instrumentality thereof after considering the standards of title I

of the Housing Act of 1949, as amended.

History of Section.

(P.L. 1966, ch. 249, § 1.)