R.S.M. 1987, c. H160

The Housing and Renewal Corporation Act

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Table of Contents

1		Definitions.
2		Purposes and objects.
PART I THE MANITOBA HOUSING AND RENEWAL CORPORATION
3		Board.
	(2)	Chairperson and vice-chairperson.
	(3)	Continuation.
	(4)	Board members to be civil servants.
	(5)	Chairperson's powers.
	(6)	Quorum.
	(7)	By-laws.
	(8)	Management by a board.
4		Fiscal year.
	(2)	Audit.
	(3)	Special audits.
	(4)	Annual report.
5		Agent of Crown.
	(2)	Properties, rights and obligations.
6		Departmental employees to carry out other duties.
7		Powers of corporation.
	(2)	Acquisition of property.
	(3)	Loans by corporation.
8		Fund continued.
	(2)	Credits to fund.
	(3)	Moneys received by Min. of Fin.
	(4)	Payments from fund.
	(5)	Banking.
	(6)	Investment of extra funds.
	(7)	Fund not part of Consolidated Fund.
	(8)	Reserves.
	(9)	Disposal of moneys held by Min. of Fin.
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 Rural and Northern 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 (l)(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)	Application in City of Winnipeg.
33		Agreement under 32(l)(a).
	(2)	Agreement under 32(l)(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.