H.B. 332

1

MOBILE HOME OWNERS' RIGHTS
2 2007 GENERAL SESSION
3 STATE OF UTAH
4 Chief Sponsor: Phil Riesen
5 Senate Sponsor: ____________
6
7 LONG TITLE
8 General Description:
9 This bill allows the use of money from the Olene Walker Housing Loan Fund to assist a
10 displaced mobile home owner in relocating.
11 Highlighted Provisions:
12 This bill:
13 . allows the use of money from the Olene Walker Housing Loan Fund to assist a
14 displaced mobile home owner in relocating when the owner is displaced because of
15 a change in land use of the mobile home park; and
16 . makes technical changes.
17 Monies Appropriated in this Bill:
18 None
19 Other Special Clauses:
20 None
21 Utah Code Sections Affected:
22 AMENDS:
23 9-4-705, as last amended by Chapter 95, Laws of Utah 2003
24
25 Be it enacted by the Legislature of the state of Utah:
26 Section 1. Section 9-4-705 is amended to read:
27 9-4-705. Activities authorized to receive fund moneys -- Powers of the executive

28 director.
29 At the direction of the board, the executive director may:
30 (1) provide fund moneys to any of the following activities:
31 (a) acquisition, rehabilitation, or new construction of low-income housing units;
32 (b) matching funds for social services projects directly related to providing housing for
33 special-need renters in assisted projects;
34 (c) the development and construction of accessible housing designed for low-income
35 persons;
36 (d) shelters and transitional housing for the homeless; [and]
37 (e) other activities that will assist in improving the availability or quality of housing in
38 the state for low-income persons; and
39 (f) assisting a mobile home owner with relocation expenses if the owner has been a
40 resident of the mobile home park for more than one year and is displaced by a change in land
41 use of the mobile home park; and
42 (2) do any act necessary or convenient to the exercise of the powers granted by this part
43 or reasonably implied therefrom including:
44 (a) making or executing contracts and other instruments necessary or convenient for
45 the performance of the executive director and board's duties and the exercise of the executive
46 director and board's powers and functions under this part, including contracts or agreements for
47 the servicing and originating of mortgage loans;
48 (b) procuring insurance against any loss in connection with property or other assets
49 held by the fund, including mortgage loans, in amounts and from insurers it considers
50 desirable;
51 (c) entering into agreements with any department, agency, or instrumentality of the
52 United States or this state and with mortgagors and mortgage lenders for the purpose of
53 planning and regulating and providing for the financing and refinancing, purchase,
54 construction, reconstruction, rehabilitation, leasing, management, maintenance, operation, sale,
55 or other disposition of any residential housing undertaken with the assistance of the department
56 under this part;
57 (d) proceeding with a foreclosure action, to own, lease, clear, reconstruct, rehabilitate,
58 repair, maintain, manage, operate, assign, encumber, sell, or otherwise dispose of any real or

59 personal property obtained by the fund due to the default on any mortgage loan held by the
60 fund in preparation for disposition of the property, taking assignments of leases and rentals,
61 proceeding with foreclosure actions, and taking other actions necessary or incidental to the
62 performance of its duties; and
63 (e) selling, at a public or private sale, with public bidding, any mortgage or other
64 obligation held by the fund.




Legislative Review Note
as of 1-23-07 10:53 AM

Office of Legislative Research and General Counsel