Title 8, Chapter 3, Section 32
An authority is empowered to borrow money or accept grants or other
financial assistance from the federal government for, or in aid of,
any housing project within its area of operation; to take over or
lease or manage any housing project or undertaking constructed or
owned by the federal government; and, to these ends, to comply with
such conditions and enter into such mortgages, trust indentures,
leases, or agreements as may be necessary, convenient, or desirable.
It is the purpose and intent of this article to authorize every
authority to do any and all things necessary or desirable to secure
the financial aid or cooperation of the federal government in the
undertaking, construction, maintenance, or operation of any housing
project by such authority.