Massachusetts Statutes

§ 5 — Application for approval of project; contents

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XVII PUBLIC WELFARE·Ch. 121A URBAN REDEVELOPMENT CORPORATIONS
Section 5. The persons who have executed an agreement of association under section three with intent to form a corporation for the purpose of undertaking and carrying out a project in a city, other than Boston and Springfield, or in a town shall, before presenting the agreement of association to the state secretary for filing, submit to the housing board an application for its approval of the project for the carrying out of which the corporation is sought to be formed and its consent to the formation of such corporation. Such application shall specify the location of the proposed project and shall state the reasons why the project is necessary or desirable, the uses to which the project is to be put, the estimated cost of the project, and the amount of capital which it is intended to rais

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