RSA 204-C:19 Loans to Lending Institutions.

Without limiting the generality of the powers granted under RSA 204-C:8, the authority may:
I. Make loans to lending institutions under terms and conditions requiring the proceeds of the loans to be used by such lending institutions for the making of new mortgage loans for housing for eligible persons and families;
II. Purchase securities secured by, or providing financing for, mortgages on housing from lending institutions;
III. Require that loans to, or such securities purchased from, lending institutions shall be additionally secured as to payment of both principal and interest by a pledge of and lien upon collateral security in such amounts and consisting of such obligations, securities and mortgage loans as the authority shall by resolution determine to be nec