4. In the pursuit of its mission, the housing authority may(1) lease, construct, renovate, maintain and administer any immovable ;
(2) alienate any immovable that belongs to it or charge that immovable with a real right ;
(3) borrow to acquire, construct or renovate an immovable ;
(4) assume any hypothec or charge affecting an immovable it acquires ;
(5) grant loans, acquire and hold hypothecary or other claims, assign them or otherwise dispose of them.