There shall be deposited into the housing and community development Section 8 contract fund all moneys received from the United States of America under the Housing and Community Development Act of 1974 for the purposes set forth under Title II of the Act, and expended for such purposes.
(Sec. 5-29.2, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 6, Art. 23, § 6-23.2)