Purpose

17-6-802 . Purpose. The purpose of the loans made and the bonds or other securities issued and purchased pursuant to this part are: (1) to increase home ownership and provide more long-term rental opportunity; (2) to increase housing supply and offer diverse housing types to meet the needs of population growth; and (3) to create partnerships between the state, local governments, private sector developers, and applicants for residential development to finance necessary infrastructure for housing.