As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.
1.Area of operation.
"Area of operation" of a municipal housing authority includes all of the municipality for which it is created and, except as provided in paragraphs A, B and C‑1, the area within 10 miles outside its municipal boundaries. The area of operation of the Maine State Housing Authority is the entire State, except as provided in paragraph C‑1.
2.Authority or housing authority.
"Authority" or "housing authority" means any of the public corporations created or authorized to be created by this chapter.
3.Bonds.
"Bonds" means any bonds, notes, interim certificates, debentures or other obligations issued by an authority under this chapter.
4.Construction loan.
"Cons
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.
1.
Area of operation.
"Area of operation" of a municipal housing authority includes all of the municipality for which it is created and, except as provided in paragraphs A, B and C‑1, the area within 10 miles outside its municipal boundaries. The area of operation of the Maine State Housing Authority is the entire State, except as provided in paragraph C‑1.
2.
Authority or housing authority.
"Authority" or "housing authority" means any of the public corporations created or authorized to be created by this chapter.
3.
Bonds.
"Bonds" means any bonds, notes, interim certificates, debentures or other obligations issued by an authority under this chapter.
4.
Construction loan.
"Construction loan" means a loan:
5.
Conventional mortgage.
6.
Elderly.
"Elderly" means a person or family as defined in the United States Housing Act of 1937, Public Law 75-412, 50 Stat. 888, as amended.
7.
Financial institution.
"Financial institution" means any bank or trust company, savings bank, savings and loan association, industrial bank, national banking association, federal savings and loan association, mortgage banker, credit union or other such institution authorized to do business in the State, or a government agency which customarily provides service or otherwise aids in the financing of mortgage loans.
8.
Home improvement note.
"Home improvement note" means an interest bearing obligation, secured in whole or in part by a mortgage, insurance or otherwise as may be agreed upon by the Maine State Housing Authority from time to time, made to improve or rehabilitate single-family or multi-unit residential housing in the State, including, without limitation, the replacement, removal or rehabilitation of malfunctioning waste water treatment systems.
9.
Manufactured housing.
"Manufactured housing" has the same meaning as found in Title 10, section 9002, subsection 7.
10.
Mortgage loan.
"Mortgage loan" or "mortgage" means:
10-A.
Municipal housing authority or municipal authority.
"Municipal housing authority" or "municipal authority" means any of the public corporations authorized to be created by section 4721.
11.
Obligee of the authority or obligee.
"Obligee of the authority" or "obligee" includes:
12.
Persons of low income.
"Persons of low income" means persons or families, elderly or otherwise, who lack the income which is necessary, as determined by a housing authority, to enable them, without financial assistance, to live in or purchase decent, safe and sanitary dwellings, without overcrowding. Financial assistance includes, but is not limited to, the following kinds of assistance:
13.
Privately insured mortgage.
14.
Project or housing project.
"Project", "housing project" or "single-family or multi-unit residential housing" means any work or undertaking:
15.
Select board.
"Select board" means the members of the select board of the town or, if the town has no select board, the officers charged with the duties customarily imposed on the select board of a town.
16.
State public body.
"State public body" means any city, town, district or other political subdivision of the State.