Powers of Corporation, regulations
(b)
become a party to any contract or agreement within its powers;
(c)
receive by donation and otherwise acquire, hold, sell, mortgage, hypothecate, convey or otherwise deal with any real or personal property or any interest therein;
(d)
take or hold mortgages, hypothecs, liens and charges to secure payment of any debt owing to it and sell or otherwise dispose of such mortgages, hypothecs, liens and charges;
(e)
engage persons to carry out construction or other work with respect to any project or development undertaken by the Corporation;
(f)
make loans and accept security by way of mortgage, promissory notes or other security for such loans;
(g)
subject to the regulations, provide financial or other assistance to a person or non-profit corporation seeking to purchase, construct, alter, add to or repair a residential housing unit or seeking to repay a loan in respect of such residential housing unit;
(h)
subject to the regulations, provide financial or other assistance to a person or non-profit corporation to assist with the cost of housing, including rental supplements, shelter allowances, heating costs, payment of Provincial or municipal property taxes and the repayment of loans;
(i)
subject to the regulations, provide financial or other assistance to a person seeking to repair, upgrade or maintain the person’s residence, including repairs, upgrading or maintenance to the structure of the residence and the septic, plumbing, heating or electrical systems, so as to provide affordable, suitable and adequate housing;
(j)
undertake routine studies, surveys or other forms of research relevant to housing related needs and activities;
(k)
collect and use personal information for the purposes of providing financial or other assistance under this Act; and
(l)
disclose to the Minister, the Minister of Social Development or the Minister of Health the personal information collected under paragraph (
k).
10(1.1)The Corporation shall perform any duty imposed on it under any act or regulation.
10(2)The Corporation may, with the approval of the Lieutenant-Governor in Council,
(a)
acquire, service and develop land for housing purposes;
(b)
construct, acquire, renovate, manage and operate housing projects and student housing projects;
(c)
Repealed: 2023, c.25, s.1
(d)
Repealed: 2023, c.25, s.1
(e)
enter into such agreements with the federal corporation, municipalities or agencies of other levels of government as the Corporation considers desirable, including, but not so as to restrict the foregoing, the sharing of costs of studies, infrastructure or housing projects, contributions or loans for or to municipalities for improving living conditions of residents, and the implementation of any purpose contemplated by this Act or the federal Act;
(f)
undertake other activities related to housing programs or activities;
(g)
undertake studies, surveys or other forms of research relevant to housing related needs and activities other than those set out in paragraph (1)(
j); and
(h)
incorporate a non-profit corporation.
10(2.1)Despite paragraph (2)(a), the Corporation may, for housing purposes, acquire a public work transferred to the Corporation by the Minister of Transportation and Infrastructure under section 28 of the
Public Works Act without the approval of the Lieutenant-Governor in Council.
10(3)Repealed: 2023, c.25, s.1
10(4)The Lieutenant-Governor in Council may make regulations
(a)
respecting financial or other assistance under paragraphs (1)(
g), (
h) or (
i);
(b)
defining any term used in this section and not otherwise defined in the Act; and
(c)
respecting other matters considered necessary or ancillary to effecting the intentions of paragraphs (1)(
g), (
h) or (
i).
1967, c.17, s.10; 1968, c.42, s.8; 1970, c.38, s.2; 1971, c.52, s.1, 2; 1972, c.51, s.1, 2; 1973, c.63, s.1, 2, 3; 1976, c.13, s.4; 1978, c.42, s.2; 1980, c.37, s.7; 1982, c.46, s.1; 1983, c.58, s.3; 1985, c.62, s.1; 1986, c.60, s.5; 2017, c.29, s.7; 2023, c.25, s.1