New York Laws
Sub Title 2 - Subtitle Ii Financial Assistance From Special Purpose Funds
1811 - Application of Subtitle.

ยง 1811. Application of subtitle. Subject to the provisions of sections
eighteen hundred twenty-two and eighteen hundred twenty-three of this
title, the authority shall have the power and is hereby authorized to
make mortgage loans to local development corporations and loan
guarantees to banking organizations with special purpose funds pursuant
to this subtitle for costs of projects and to make loans and loan
guarantees as provided in section eighteen hundred fourteen to improve
employment opportunities in any area of the state.