| Chapter 311 |
| 2024 -- S 2763 Enacted 06/25/2024 |
| A N A C T |
| RELATING TO TOWNS AND CITIES -- CITY HOUSING AUTHORITIES |
Introduced By: Senator Matthew L. LaMountain |
| Date Introduced: March 08, 2024 |
| It is enacted by the General Assembly as follows: |
| SECTION 1. Chapter 45-25 of the General Laws entitled "City Housing Authorities" is |
| hereby amended by adding thereto the following section: |
| 45-25-15.2. Section 8 performance-based contract administration program. |
| (a) The Rhode Island housing and mortgage finance corporation is a public housing |
| authority and public housing agency authorized to administer housing assistance programs |
| throughout this state for the benefit of persons of low- or moderate-income, subject to the limited |
| exception in § 45-25-15.1. |
| (b) Notwithstanding any other provision of law, no other person, public housing authority, |
| or public housing agency, domestic or foreign, shall be authorized to administer allocations of |
| money under 42 U.S.C.A.U.S.C. § 1437f, or other federal statute authorizing project-based rental |
| subsidies under an annual contributions contract for the benefit of persons of low- or moderate- |
| income, on a statewide basis within this state, or on a regional basis that includes this state, except: |
| (1) The Rhode Island housing and mortgage finance corporation; |
| (2) A person authorized to administer such allocations pursuant to an agreement with the |
| Rhode Island housing and mortgage finance corporation; or |
| (3) An organization, of which the Rhode Island housing and mortgage finance corporation |
| is a promoter, member, associate, owner, partner, manager, or other joint venturer, that is authorized |
| by a federal agency to administer such allocations in this state. |
| (c) In addition to the powers granted by this chapter and chapter 55 of title 42, the Rhode |
| Island housing and mortgage finance corporation shall have all the powers necessary or convenient |
| for the administration of federal monies pursuant to subsection (b) of this section, including the |
| power: |
| (1) To enter into one or more agreements for the administration of federal monies on a |
| statewide basis; |
| (2) To be a promoter, partner, member, associate, owner, partner, manager, or other joint |
| venturer of any partnership, limited liability company, joint venture, association, trust, or other |
| organization; |
| (3) To conduct its activities, locate offices, and exercise the powers granted by this title |
| within or outside this state, in compliance with all applicable laws; |
| (4) To carry on a business in the furtherance of its purposes; and |
| (5) To do all things necessary or convenient, consistent with law, to further the activities |
| and affairs of the Rhode Island housing and mortgage finance corporation. |
| SECTION 2. This act shall take effect upon passage. |
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| LC005622 |
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