RSA 205:2-b Development Authorized.

Any housing authority now or hereafter established pursuant to RSA 203 may carry out as a redevelopment project or as a part of a redevelopment project in any area in which a redevelopment project is determined to be necessary by a housing authority, any work or undertaking to develop or redevelop an area of vacant or predominantly vacant land which is substandard or blighted or in the process of becoming blighted (1) because it is unduly costly to develop or redevelop such an area through the ordinary operations of private enterprise (a) by reason of the existence of ledge, rock, unsuitable soil or other physical conditions or because of the necessity for unduly expensive excavation, fill or grading, or (b) by reason of the need for unduly expensive foundations, retaining walls or unduly