P.R. Laws tit. 17, § 737

2019-02-20 00:00:00+00
§ 737. Acceptance of loans and donations

The agency holding the deed of a public housing project in the process of being converted or already converted into a condominium, and the council of proprietors of the condominiums constituted pursuant to this chapter, may receive for the conversion program established by this chapter, loans in money, or in goods or servces from public as well as from private entities.

The public corporations and the municipalities may donate, or provide at special reduced rates, goods or services to the agency that is the proprietor of a housing project in the process of conversion into a condominium and to the Councils of proprietors. Nothing of the herein provided shall be construed in the sense of limiting other subsidies or special rates in effect on the date of approval of this chapter which refers to the residents themselves.

History —June 20, 1996, No. 55, § 8.