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15 <br /> §160A-456 CITIES AND TOWNS §160A-456 <br /> Part 8. Miscellaneous Powers. <br /> § 160A-456. Community development programs <br /> and activities. <br /> (a) Any city is authorized to engage in,to accept federal and State <br /> grants and loans for, and to appropriate and expend funds for <br /> community development programs and activities. In undertaking t <br /> community development programs and activities, in addition to <br /> other authority granted by law, a city may engage in the following { <br /> activities: <br /> (1) Programs of assistance and financing of rehabilitation of <br /> private buildings principally for the benefit of low and <br /> moderate income persons, or for the restoration or preser- <br /> vation of older neighborhoods or properties, including di- <br /> rect repair,the making of grants or loans,the subsidization , <br /> of interest payments on loans, and the guaranty of loans; <br /> (2) Programs concerned with employment, economic develop- <br /> ment, crime prevention, child care, health, drug abuse, <br /> education, and welfare needs of persons of low and moder- <br /> ate income. <br /> (b) Any city council may exercise directly those powers granted by <br /> law to municipal redevelopment commissions and those powers <br /> granted by law to municipal housing authorities, and may do so <br /> whether or not a redevelopment commission or housing authority is <br /> in existence in such city. Any city council desiring to do so may <br /> delegate to any redevelopment commission or to any housing au-. <br /> - thority the responsibility of undertaking or carrying out any speci- <br /> fied community development activities. Any city council and any <br /> board of county commissioners may by agreement undertake or <br /> carry out for each other any specified community development <br /> activities. Any city council may contract with any person, associa- <br /> tion,or corporation in undertaking any specified community devel- <br /> opment activities.Any county or city board of health, county board <br /> of social services, or county or city board of education, may by <br /> agreement undertake or carry out for any city council any specified <br /> community development activities. <br /> (c) Any city council undertaking community development pro- <br /> grams or activities may create one or more advisory committees to <br /> advise it and to make recommendations concerning such programs <br /> or activities. <br /> (d) Any city council proposing to undertake any guaranty or loan guaran <br /> similar program for rehabilitation of private buildings is authorized <br /> to submit to it*voters the question whether such program shall be <br /> undertaken, such referendum to be conducted pursuant to the <br /> general and local laws applicable to special elections in such city. <br /> (dl) Any city..may receive and dispense funds from the Commu- <br /> nity Development Block Grant Section 108 Loan Guarantee pro- <br /> gram, Subpart V, 24 CFR 570.700 et seq., either through applica- <br /> tion to the North Carolina Department of Commerce or directly from <br /> the federal government, in accordance with State and federal laws <br /> governing these funds. Any city that receives these funds directly <br /> from the federal government may pledge current and future CDBG z <br /> -funds-for use as Than guarantees in accordance with State and <br /> federal laws governing these funds. A city may implement the c <br /> receipt, dispensing,and pledging of CDBG funds under this subsec- <br /> 35 <br />