[§356D-85]  Annual review; disposal of units.  The authority, in consultation with the department of education, shall annually review the status of and necessity for subsidized teachers' housing throughout the State and upon determination that any particular housing unit is no longer necessary shall have all necessary power and shall proceed to dispose of that unit by sale, demolition, or otherwise.  Any net proceeds from the disposal of each teacher housing unit shall be paid to the government agency vested with fee title to the unit at the time of disposition and any deficit incurred in the disposal shall be paid by the State. [L 2006, c 180, pt of §2]