(a) Sue and be sued;
(b) Have a seal and alter the same at pleasure;
(c) Make and alter by-laws for its organization and internal
management and make rules and regulations governing the use of its
property and facilities;
(d) Make and execute contracts and all other instruments necessary or
convenient for the exercise of its powers and functions under this
chapter;
(e) Acquire, hold and dispose of real or personal property for its
corporate purposes;
(f) Engage the services of private consultants on a contract basis for
rendering professional and technical assistance advice;
(g) Procure insurance against any loss in connection with its
activities, properties and other assets, in such amount and from such
insurers as it deems desirable; and
(h) Invest any funds of the corporation, or any other monies under its
custody and control not required for immediate use or disbursement, at
the discretion of the corporation, in obligations of the state or the
United States government or obligations the principal and interest of
which are guaranteed by the state or the United States government, or in
any other obligations in which the comptroller of the state is
authorized to invest pursuant to section ninety-eight of the state
finance law.
8. The corporation may do any and all things necessary or convenient
to carry out and exercise the powers given and granted by this section
and article nineteen of this chapter including, but not limited to
contracting with the commissioner of the division of housing and
community renewal to administer any of the provisions of article
nineteen of this chapter.
9. The agency and all other state officers, departments, boards,
divisions, commissions, public authorities and public benefit
corporations may render such services to the corporation within their
respective functions as may be requested by the corporation.
10. Notwithstanding the provisions of article one-A of the public
authorities law, contracts entered into by the corporation pursuant to
article nineteen of this chapter shall not be subject to the provisions
of article one-A of the public authorities law.
Structure New York Laws
Article 3 - New York State Housing Finance Agency
41 - Statement of Legislative Findings and Purposes.
43 - New York State Housing Finance Agency.
44-A - Low Rent Dwelling Accommodations.
44-B - Mortgage Modifications, Evidence of Pre-Existing Indebtedness.
44-C - Federally-Aided Mortgage Loans.
45 - Transfer of Officers and Employees.
45-A - Housing Trust Fund Corporation.
45-B - Affordable Housing Corporation.
45-C - Homeless Housing and Assistance Corporation.
46 - Notes and Bonds of the Agency.
47 - Reserve Funds and Appropriations.
47-A - State University Construction Bonds and Notes.
47-B - Mental Hygiene Improvement Bonds and Notes.
47-C - Special Provisions Related to Certain Bonds and Notes.
47-D - Health Facilities Bonds and Notes.
47-E - Housing Program Bonds and Notes.
48 - Agreement With the State.
49 - State's Right to Require Redemption of Bonds.
50 - Remedies of Noteholders and Bondholders.
51-A - Federal Rental Assistance Program Administrative Fees.
52 - Notes and Bonds as Legal Investment.
53 - Exemption From Taxation of Property and Income.
54 - Exemption From Taxation of Notes and Bonds.
55 - Assistance by State Officers, Departments, Boards and Commissions.
56-A - Indemnification of Members, Officers and Employees.
57 - Insured Mortgage Reserve Fund.
58 - Special Revenue Housing Coverage Reserve Funds.
59 - Bond Reserve Insurance Fund.
59-A - Housing Trust Fund Account.
59-B - Affordable Housing Development Account.
59-C - Insured Housing Initiatives Fund.
59-D - Turnkey/enhanced Housing Account.
59-E - Infrastructure Development Fund.
59-G - Permanent Housing for Homeless Families Fund.
59-H - Manufactured Home Cooperative Fund.
59-I - Homeless Housing and Assistance Account.
60 - Housing Project Repair Fund.