In undertaking such redevelopment projects a housing authority shall have all the rights, powers, privileges, and immunities that such authority has under §§ 31—38, 39—45, 46—55 of this title, and any amendments thereto, and any other provision of law relating to slum clearance and housing projects for persons of low income (including, without limiting the generality of the foregoing, the power to make and execute contracts, to issue bonds and other obligations and give security therefor, to acquire real property by eminent domain or purchase, and to do any and all things necessary to carry out projects) in the same manner as though all the provisions of law applicable to slum clearance and housing projects were applicable to redevelopment projects undertaken under §§ 101—119 of this title; Provided, That nothing contained in §§ 40 and 41 of this title shall be construed as limiting the power of an Authority, in the event of a default by a purchaser or lessee of land in a redevelopment plan, to acquire property and operate it free from the restrictions contained in said sections.
History —May 9, 1947, No. 97, p. 226, § 3.