§ 43-3. Powers.

Latest version.

The Atlantic City Local Development Board shall have the powers necessary and appropriate to administer and provide assistance to any entity qualified to be a subrecipient under the Community Development Block Grant rules and regulations §§ 570.203 and 570.204, including but not limited to granting loans, loan guaranties, interest supplements, technical assistance and other forms of support necessary or appropriate to carry out all activities which may be authorized under the aforesaid Community Development Block Grant rules and regulations as presently in effect and as they may be amended in the future; provided, however, that nothing in this provision shall authorize loans for commercial rehabilitation.

Amended 11-7-1990 by Ord. No. 80-1990

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');