60. With the authorization of the Government upon the recommendation of the Conseil du trésor and on such conditions as the Government determines, the Corporation may:
(a) grant allowances for the occupancy of housing by persons or families of low income evicted from housing accommodation as a consequence of the carrying out of a housing program or the acquisition of immoveables provided for in section 54;
(b) make loans to municipalities and to municipal housing bureaus and grant them subsidies for the carrying out of housing programs and for the acquisition of immoveables provided for in section 54;
(c) grant subsidies to municipalities or municipal housing bureaus to assist them in defraying the operating cost of the buildings which they administer.
The Corporation may grant loans to any municipal housing bureau to pay for any expenditures necessary for the protection of the Corporation’s investments.
1966-67, c. 55, s. 58; 1974, c. 49, s. 22; 1977, c. 5, s. 14; 1987, c. 10, s. 20.