In addition to the powers conferred upon a dormitory housing commission by other provisions of this act, a dormitory housing commission is empowered to borrow money or accept contributions, grants or other financial assistance from the federal government for or in aid of any dormitory housing project within its area of operation, to take over or lease or manage any dormitory housing project or undertaking constructed or owned by the federal government, and to these ends, to comply with such conditions and to make such trust indentures, leases or agreements as may be necessary, convenient or desirable. It is the purpose and intent of this act to authorize every dormitory housing commission to do any and all things necessary or desirable to secure the financial aid or cooperation of the federal government in the undertaking, construction, maintenance or operation of any dormitory housing project by such dormitory housing commission.