The Housing and Renewal Corporation Act

C.C.S.M. c. H160

The Housing and Renewal Corporation Act

Table of Contents

1 Definitions
2 Purposes and objects
PART I
THE MANITOBA HOUSING
AND RENEWAL CORPORATION
3 Corporation continued
(2) Board
(3) Chairperson and vice-chairperson
(4) [Repealed]
(5) Chairperson's powers
(6) Quorum
(7) By-laws
(8) [Repealed]
4 Fiscal year
(2) Audit
(3) Special audits
(4) Annual report
5 Agent of Crown
(2) Properties, rights and obligations
6 Chief executive officer
(2) Functions and duties
(3) Employees
7 Powers of corporation
(2) Acquisition of property
(3) Loans by corporation
7.1 Determining areas of need
8 Manitoba Housing and Renewal Fund continued
(2) Ownership of fund
(3) Custodian
(4) Credits to fund
(5) Payments from fund
(6) Banking
(7) Investments
(8) Payment to corporation
(9) Reserves
8.1 [Repealed]
9 Corporation may guarantee
(2) Grants in lieu of taxes
(3) Temporary borrowings
10 Power to borrow
(2) Limitation on borrowing powers
(3) Reissue of pledged securities
(4) Form of securities
(5) Signatures
(6) Proof that securities are necessary
(7) Lost debentures, etc.
(8) Sinking fund
(9) Minimum amounts for sinking fund
(10) Payment to Minister of Finance
(11) Sinking fund trust account
(12) Investment of sinking fund
(13) Extra payments to government
(14) Purchase of corporation bonds by province
11 Power of government to guarantee
(2) Signing of guarantees
(3) Discharge of liability under guarantee
(4) Signature of Minister of Finance, etc.
12 Foreign currency
13 Advances by province
(2) Payment from Consolidated Fund
14 Additional powers of corporation
PART II
PUBLIC HOUSING
15 Public housing agreements
16 Agreements under 15(a)
(2) Agreements under 15(b)
17 Prior approval of project required
(2) Limitation on board's recommendation
18 Agreements by municipality in which projects to be undertaken
19 Advances for agreements under sec. 15
(2) Reimbursement
20 Loans for land
(2) Loans for construction
21 Corporation may contribute to low rental accommodation
(2) Terms of agreement
22 Reimbursement of corporation
23 Incorporation of housing authorities
(2) Board may cause housing authorities to be incorporated
(3) Minister may appoint members
(4) Term of members
(5) Powers of housing authority
(6) Composition of a housing authority
(7) Duties of a housing authority
(8) Composition of a Rural and Northern Housing Authority
(9) Duties of a Rural and Northern Housing Authority
(10) General purposes and objects
(11) Amendment or variation of articles of incorporation
(12) Joint housing authorities
(13) Housing authority non-profit
PART III
PROJECTS WITH LIMITED
DIVIDEND HOUSING COMPANIES
24 Agreements with limited dividend companies
25 Power of municipalities to borrow
(2) Application of clause (1)(b) to Local Government Districts
26 Prior approval of project required
(2) Limitations on board's recommendation
27 Provisions of agreement
28 Incorporation of limited dividend housing company
(2) Municipality may purchase shares
29 Guarantee of loan by province
30 Costs from Consolidated Fund
PART IV
RENEWAL
31 Designation of renewal area
32 Renewal agreements
(2) Restrictions in renewal areas
(3) Variation of application of subsec. (2)
(4) No compensation
(5) [Repealed]
33 Agreement under 32(1)(a)
(2) Agreement under 32(1)(b)
34 Condition precedent to agreement
(2) Limitation on board's recommendation
(3) Board's approval of preparation of renewal scheme required
35 Agreements by municipality in which renewal project undertaken
36 Further provisions in agreement
37 Reimbursement of corporation
PART V
GENERAL
38 Urban renewal studies
39 Application by municipality respecting agreement
40 Review of applications by corporation
41 Agreements to permit municipality to proceed
42 Municipalities may enter agreements
(2) By-laws for agreements
(3) Authority to borrow money
(4) By-laws authorizing borrowing
43 Municipality may acquire lands
44 Regulations
45 Costs from Consolidated Fund
46 No civil liability
47 Act to prevail in case of conflict