Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 36-41-7: Local Government — O.C.G.A. § 36-41-7
What this law says, in plain English
Local housing authorities may purchase mortgages from lenders and reinvest proceeds in new residential loans. Interest rates must be set considering funding costs, service fees, administrative expenses, reserves, and federal tax rules.
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