ยง 1106-b. Low income turnkey/enhanced housing trust fund program
established. There is hereby established within the housing trust fund
corporation a low income turnkey/enhanced housing trust fund program.
Within the limit of funds available for this purpose in the
turnkey/enhanced housing account, the corporation is hereby authorized
to enter into contracts to provide grants or loans to eligible
applicants for all or a portion of turnkey/enhanced rental project costs
to construct or rehabilitate turnkey/enhanced rental projects subject to
the terms and conditions of this article. Upon completion of
construction or rehabilitation of a turnkey/enhanced rental project, an
eligible applicant may, where appropriate, transfer such project to an
eligible owner.
Structure New York Laws
Article 18-A - Low Income Turnkey/enhanced Housing Trust Fund Program
1106 - Legislative Findings and Declarations.
1106-B - Low Income Turnkey/enhanced Housing Trust Fund Program Established.
1106-C - Request for Proposals.
1106-D - Selection of Eligible Applicants for Grants or Loans Under This Article.
1106-F - Project Operation and Management; Rent Structure; Tenant Selection.
1106-G - Adjustment of Rents; Income Verification.
1106-H - Real Property Tax Exemption.
1106-I - General and Administrative Provisions of This Article.