New York Laws
Article 15 - Participation Loans to Owners of Multiple Dwellings by Private Investors and Municipalities Utilizing Federal Grant Funds
805 - Participation of New York City Housing Development Corporation.

ยง 805. Participation of New York city housing development corporation.
The New York city housing development corporation may participate with
one or more private investors or with the city of New York or with both
in making a loan pursuant to the provisions of this article. Where such
corporation participates in making such a loan, the term municipality as
used in this article shall include such corporation with respect to such
participation.