New Jersey Statutes 55:14K-7.2. Powers of agency as condition of loan, grant, investment for special needs housing projects
Terms Used In New Jersey Statutes 55:14K-7.2
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
a. To enter upon and inspect without prior notice any special needs housing project, including all parts thereof, for the purpose of investigating the physical and financial condition thereof, and its construction, improvement, rehabilitation, operation, management and maintenance, and to examine all books and records with respect to capitalization, income and other matters relating thereto and to make such charges as may be required to cover the cost of such inspections and examinations;
b. To order such alterations, changes or repairs as may be necessary to protect the security of its investment in a special needs housing project or the health, safety, and welfare of the occupants thereof;
c. To order any project sponsor to do such acts as may be necessary to comply with the provisions of all applicable laws or ordinances or any rule or regulation of the agency or the terms of any agreement concerning the special needs housing project or to refrain from doing any acts in violation thereof and in this regard the agency shall be a proper party to file a complaint and to prosecute thereon for any violations of laws or ordinances as set forth herein;
d. To require the adoption and continuous use of uniform systems of accounts and records for a special needs housing project and to require all project sponsors to file annual reports containing that information and verified in such manner as the agency shall require, and to file at the times and on the forms as it may prescribe, reports and answers to specific inquiries required by the agency to determine the extent of compliance with any agreement, the terms of the loan, the provisions of P.L.2005, c.163 (C. 34:1B-21.25a et al.) and any other applicable law; and
e. To enforce, by court action if necessary, the terms and provisions of any agreement between the agency and the project sponsor.
L.2005,c.163,s.2.