(a) The authority shall be exempt from the payment of any taxes or fees to the state or any subdivision thereof, or to any officer or employee of the state or any subdivision thereof. The property of an authority shall be exempt from all local and municipal taxes. Bonds, notes, debentures and other evidences of indebtedness of an authority are declared to be issued for a public purpose and to be public instrumentalities and, together with intereest thereon, shall be exempt from taxes. (b) All representatives of a housing authority, acting within the scope of carrying out the business and conducting the affairs of a housing authority, shall ube exempt from all licensing requirements imposed by any law with respect to the sale, rental or management of real property or the improvement or development thereof, includting requirements imposing any fee or charge.
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