§ 924. Transfer of authority, administration and appropriations. 1. On
and after the effective date of this article, all obligations of the
division with respect to the division urban initiatives program shall
become the obligations of the corporation and the corporation shall be
responsible for the administration of the division urban initiatives
program. The division shall provide for the orderly transfer of all
matters, records and things relating to such program to the corporation.

2. Notwithstanding the provisions of any general or special law, the
director of the budget is authorized to transfer to the corporation
funds otherwise appropriated or reappropriated for the purposes of the
division urban initiatives program from the division of housing and
community renewal.

3. All rules, regulations, acts, determinations and decisions of the
division or the commissioner with respect to the administration of the
division urban initiatives program in force on the effective date of
this section shall continue in force and effect as rules, regulations,
acts, determinations and decisions of the corporation until duly
modified or rescinded by the corporation.