(Article XIII) Section 3.
The Except as provided in s.7 (2) (a), the credit of the state shall never be given, or loaned, in aid of any individual, associated or corporation.
Section 7. (2) (a) The state may contract public debt and pledges to the payment thereof its full faith, credit and taxing power
1. To acquire, construct, develop, extend, enlarge or improve land, waters, property, highways, buildings, equipment or facilities for public purposes.
2. To make funds available for veterans' housing loans."