New York Laws
Article 3 - New York State Housing Finance Agency
45-C - Homeless Housing and Assistance Corporation.

(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
insurance 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 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 title one of article two-A of the social services law including, but
not limited to contracting with the commissioner of social services to
administer any of the provisions of title one of article two-A of the
social services law.
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
title one of article two-A of the social services law shall not be
subject to the provisions of article one-A of the public authorities
law.

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