New York Laws
PVH - Private Housing Finance

22-B - Loans for State-Aided Limited-Profit Housing Companies. - § 22-b. Loans for state-aided limited-profit housing companies. 1. Notwithstanding...

23 - Municipal Loans and Municipally Aided Projects. - (b) There shall be paid into such fund the portions...

23-A - Mortgage Modifications, Evidence of Pre-Existing Indebtedness. - (i) assign or pledge or contract to assign or pledge...

23-B - Participation in Loan or Investment. - § 23-b. Participation in loan or investment. Notwithstanding any other...

23-C - Mortgage Modifications. - (a) "Existing mortgage" shall mean any mortgage held by the...

24 - Income Debentures. - § 24. Income debentures. 1. With the approval of the...

25 - Working Capital. - § 25. Working capital. The supervising agency or the commissioner,...

26 - Conditions and Security for Loans. - (a) The municipality has approved the project as provided in...

26-A - Findings for Municipally-Aided Projects. - § 26-a. Findings for municipally-aided projects. No municipally-aided project aided...

26-B - Special Provisions With Respect to State Urban Development Corporation Projects. - (a) the estimated revenues of the project will be sufficient...

26-C - Special Provisions With Respect to Battery Park City Projects. - (a) the estimated revenues of the project will be sufficient...

27 - Limitations. - (a) Construct, reconstruct, rehabilitate, improve or alter any project, or...

28 - Payments From Earnings. - § 28. Payments from earnings. 1. There shall be paid...

29 - Acquisition of Property. - (a) After a project, other than a state urban development...

30 - Transfer of Real Property. - § 30. Transfer of real property. 1. Notwithstanding any requirement...

31 - Rentals and Selection of Tenants. - (b) Unless any applicable regulation of or regulatory agreement with...

31-A - Resale Price of Shares. - (a) The resale price of shares in a mutual company...

31-B - Assignment or Pledge of Tenant Cooperator's Shares. - § 31-b. Assignment or pledge of tenant cooperator's shares. Notwithstanding...

31-C - Tenant-Cooperators; Application of Shares. - § 31-c. Tenant-cooperators; application of shares. 1. No mutual company...

32 - Supervision and Regulation. - § 32. Supervision and regulation. The commissioner or the supervising...

32-A - Additional Supervision and Regulation. - § 32-a. Additional supervision and regulation. The commissioner or the...

32-B - Annual Reports. - § 32-b. Annual reports. The commissioner shall, on or before...

33 - Tax Exemptions. - (b) Where a municipality acts on behalf of another taxing...

34 - Foreclosure and Judgments. - § 34. Foreclosure and judgments. 1. Any action or proceeding...

35 - Voluntary Dissolution. - (i) such company's project or projects is or are located...

35-A - Requirements Regarding Dissolution. - § 35-a. Requirements regarding dissolution. Mutual housing companies considering dissolution...

36 - Sale of Project Prior to Termination of Tax Exemption. - § 36. Sale of project prior to termination of tax...

36-A - Additional Powers of Municipalities. - (b) Property so acquired by a municipality shall be exempt...

37 - Separability Clause. - § 37. Separability clause. 1. Except as specifically provided in...

Article 3 - New York State Housing Finance Agency

40 - Short Title. - § 40. Short title. This article may be cited as...

41 - Statement of Legislative Findings and Purposes. - § 41. Statement of legislative findings and purposes. 1. There...

42 - Definitions. - § 42. Definitions. As used or referred to in this...

43 - New York State Housing Finance Agency. - § 43. New York state housing finance agency. 1. There...

44 - Powers of the Agency. - (b) In connection with the making of mortgage loans and...

44-A - Low Rent Dwelling Accommodations. - (b) A housing assistance payment pursuant to this subdivision may...

44-B - Mortgage Modifications, Evidence of Pre-Existing Indebtedness. - (i) consent to and contract for the modification of any...

44-C - Federally-Aided Mortgage Loans. - § 44-c. Federally-aided mortgage loans. 1. In addition to the...

45 - Transfer of Officers and Employees. - § 45. Transfer of officers and employees. Officers and employees...

45-A - Housing Trust Fund Corporation. - (a) Sue and be sued; (b) Have a seal and...

45-B - Affordable Housing Corporation. - (a) Sue and be sued; (b) Have a seal and...

45-C - Homeless Housing and Assistance Corporation. - (a) Sue and be sued; (b) Have a seal and...

46 - Notes and Bonds of the Agency. - (b) The agency shall have power, from time to time,...

47 - Reserve Funds and Appropriations. - (b) The agency shall not issue bonds other than state...

47-A - State University Construction Bonds and Notes. - § 47-a. State university construction bonds and notes. 1. Definitions....

47-B - Mental Hygiene Improvement Bonds and Notes. - § 47-b. Mental hygiene improvement bonds and notes. 1. Definitions....

47-C - Special Provisions Related to Certain Bonds and Notes. - (a) pledge or assign to the agency all or any...

47-D - Health Facilities Bonds and Notes. - (1) pledge or assign to the agency all or any...

47-E - Housing Program Bonds and Notes. - (a) "Housing program" shall mean the housing assistance projects or...

48 - Agreement With the State. - § 48. Agreement with the state. The state does hereby...

49 - State's Right to Require Redemption of Bonds. - § 49. State's right to require redemption of bonds. Notwithstanding...

50 - Remedies of Noteholders and Bondholders. - (a) by action or special proceeding in accordance with the...

51 - Monies of the Agency. - § 51. Monies of the agency. 1. All monies of...

51-A - Federal Rental Assistance Program Administrative Fees. - (a) ninety-five percent of such amount shall be allocated to...

52 - Notes and Bonds as Legal Investment. - § 52. Notes and bonds as legal investment. The notes...

53 - Exemption From Taxation of Property and Income. - § 53. Exemption from taxation of property and income. The...

54 - Exemption From Taxation of Notes and Bonds. - § 54. Exemption from taxation of notes and bonds. It...

55 - Assistance by State Officers, Departments, Boards and Commissions. - § 55. Assistance by state officers, departments, boards and commissions....

56 - Reports. - * § 56. Reports. 1. The agency shall submit to...

56-A - Indemnification of Members, Officers and Employees. - § 56-a. Indemnification of members, officers and employees. The state...

57 - Insured Mortgage Reserve Fund. - § 57. Insured mortgage reserve fund. 1. The agency shall...

58 - Special Revenue Housing Coverage Reserve Funds. - § 58. Special revenue housing coverage reserve funds. The agency...

59 - Bond Reserve Insurance Fund. - § 59. Bond reserve insurance fund. The agency shall create...

59-A - Housing Trust Fund Account. - § 59-a. Housing trust fund account. The housing trust fund...

59-B - Affordable Housing Development Account. - § 59-b. Affordable housing development account. The affordable housing corporation...

59-C - Insured Housing Initiatives Fund. - § 59-c. Insured housing initiatives fund. 1. The agency shall...

59-D - Turnkey/enhanced Housing Account. - § 59-d. Turnkey/enhanced housing account. The housing trust fund corporation...

59-E - Infrastructure Development Fund. - § 59-e. Infrastructure development fund. The agency shall create and...

59-G - Permanent Housing for Homeless Families Fund. - § 59-g. Permanent housing for homeless families fund. The agency...

59-H - Manufactured Home Cooperative Fund. - § 59-h. Manufactured home cooperative fund. The agency shall create...

59-I - Homeless Housing and Assistance Account. - § 59-i. Homeless housing and assistance account. The homeless housing...

60 - Housing Project Repair Fund. - (b) the term "total economic rent" shall mean the sum...

61 - Inconsistent Provisions in Other Laws Superseded. - § 61. Inconsistent provisions in other laws superseded. Insofar as...

61-A - Actions. - § 61-a. Actions. Except in an action for wrongful death,...

62 - Article Not Affected if in Part Unconstitutional. - § 62. Article not affected if in part unconstitutional. If...

Article 3-A - Permanent Housing for Homeless Families

63 - Legislative Findings and Declaration. - § 63. Legislative findings and declaration. The legislature hereby finds...

64 - Definitions. - § 64. Definitions. The following terms, whenever used or referred...

65 - Permanent Housing for Homeless Families Site Review Advisory Board. - § 65. Permanent housing for homeless families site review advisory...

65-A - Permanent Housing Projects for Homeless Families. - § 65-a. Permanent housing projects for homeless families. 1. Site...

65-B - Funds for Permanent Housing Projects for Homeless Families. - § 65-b. Funds for permanent housing projects for homeless families....

65-C - Approval of Funding Agreement; Issuance of Requests for Proposals. - § 65-c. Approval of funding agreement; issuance of requests for...

65-D - Selection of Developers. - § 65-d. Selection of developers. Following receipt by the agency...

66 - Authorized Courses of Action. - § 66. Authorized courses of action. For each project, the...

67 - Liability on Obligations. - § 67. Liability on obligations. 1. Except for obligations which...

68 - State/city Allocations of Permanent Housing Projects for Homeless Families. - § 68. State/city allocations of permanent housing projects for homeless...

69 - Compliance; General and Administrative Provisions. - § 69. Compliance; general and administrative provisions. 1. The owner...

Article 4 - Limited Dividend Housing Companies

70 - General Policy. - § 70. General policy. It is hereby declared to be...

71 - Definitions. - § 71. Definitions. The following terms, whenever used or referred...

72 - Housing Companies; How Created. - (1) The name of the proposed housing company. (2) The...

73 - Consent of Commissioner to Creation of Housing Companies. - § 73. Consent of commissioner to creation of housing companies....

74 - Application of Other Laws. - § 74. Application of other laws. The provisions of the...

75 - Designation of and Service of Process on Secretary of State and Registered Agent. - § 75. Designation of and service of process on secretary...

76 - Limited Return on Capital and Debentures. - § 76. Limited return on capital and debentures. No shareholder,...

77 - Time of Payment of Subscription or Capital Contributions. - § 77. Time of payment of subscription or capital contributions....

78 - Consideration for Capital and Bonds. - § 78. Consideration for capital and bonds. No housing company...

79 - Minimum Amount of Capital and Debentures. - § 79. Minimum amount of capital and debentures. The entire...

80 - Income Debentures. - § 80. Income debentures. With the approval of the commissioner...

81 - Mortgages and Mortgage Bonds. - (b) First lien bonds or notes of such housing company...

82 - Limitations. - § 82. Limitations. No housing company shall: 1. Acquire any...

82-A - Redevelopment Loans. - § 82-a. Redevelopment loans. Notwithstanding any provision of section eighty-one...

83 - Execution of Housing Company Projects. - § 83. Execution of housing company projects. No building or...

84 - Regulation of Housing Companies. - § 84. Regulation of housing companies. The commissioner may: 1....

84-A - Additional Supervision and Regulation of Housing Companies. - § 84-a. Additional supervision and regulation of housing companies. The...

85 - Control of Rentals. - (a) All fixed charges, and all operating and maintenance charges...

85-A - Selection of Tenants and Occupants. - (a) If such project was completed or acquired on or...

85-B - Resale Price of Shares. - (a) The resale price of shares in a mutual company...

86 - Reduction of Rentals in Housing Company Projects. - § 86. Reduction of rentals in housing company projects. If...

87 - Increase of Rentals in Housing Company Projects. - (a) If the application is made before occupancy of the...

88 - Surplus. - § 88. Surplus. The amount of net earnings transferable to...

89 - Consolidated Projects; Operation of More Than One Project. - § 89. Consolidated projects; operation of more than one project....

90 - Purchase by Housing Companies. - § 90. Purchase by housing companies. Before any housing company...

91 - Proceedings Against Housing Companies. - § 91. Proceedings against housing companies. 1. Whenever the commissioner...

92 - Reorganization. - § 92. Reorganization. 1. Reorganization of housing companies shall be...

93 - Tax Exemptions. - § 93. Tax exemptions. 1. Any housing company shall be...

94 - Foreclosure. - § 94. Foreclosure. 1. In any foreclosure action the commissioner,...

95 - Judgments Against Housing Companies Not Relating to Mortgage Indebtedness. - § 95. Judgments against housing companies not relating to mortgage...

96 - Voluntary Dissolution. - § 96. Voluntary dissolution. 1. Notwithstanding any provisions in this...

97 - Corporations in Existence Prior to Enactment of Article. - § 97. Corporations in existence prior to enactment of article....

Article 5 - Redevelopment Companies

100 - Short Title. - § 100. Short title. This article shall be known and...

101 - Policy of State and Purpose of Act. - § 101. Policy of state and purpose of act. It...

102 - Definitions. - § 102. Definitions. As used in this article, the following...

103 - Redevelopment Companies; How Created. - (1) The name of the proposed redevelopment company. (2) The...

104 - Consent of Supervising Agency to Creation of Redevelopment Companies. - § 104. Consent of supervising agency to creation of redevelopment...

105 - Application of Other Corporation Laws. - § 105. Application of other corporation laws. The provisions of...

105-A - Application of Other Laws. - § 105-a. Application of other laws. The provisions of the...

106 - Powers of Redevelopment Companies. - § 106. Powers of redevelopment companies. Each redevelopment company shall...

107 - Limited Return on Investment. - § 107. Limited return on investment. Subject to the provisions...

108 - Consideration for Capital and Bonds. - § 108. Consideration for capital and bonds. No redevelopment company...

109 - Minimum Amount of Capital and Debentures. - § 109. Minimum amount of capital and debentures. Except as...

110 - Income Debentures. - § 110. Income debentures. With the approval of the supervising...

111 - Mortgages and Mortgage Bonds. - (a) six percentum per annum, (b) the rate prescribed by...

111-A - Participation by Certain Corporations and Individuals. - § 111-a. Participation by certain corporations and individuals. Any bank,...

111-B - Mortgage Modification Provisions for Redevelopment Companies in Cities With a Population of One Million or More. - § 111-b. Mortgage modification provisions for redevelopment companies in cities...

112 - Limitations. - § 112. Limitations. In addition to limitations prescribed by this...

112-A - Redevelopment Loans. - § 112-a. Redevelopment loans. Notwithstanding any provision of section one...

113 - Use of Projects. - § 113. Use of projects. The project or projects of...

114 - Procedure for Submission and Approval of Plan or Project. - § 114. Procedure for submission and approval of plan or...

115 - Limitation on Changes. - § 115. Limitation on changes. It shall be unlawful during...

116 - Transfer of Real Property to Redevelopment Company. - § 116. Transfer of real property to redevelopment company. Notwithstanding...

117 - Rules and Regulations. - § 117. Rules and regulations. The planning commission and the...

118 - Fees. - § 118. Fees. The supervising agency, the local legislative body...

119 - Acquisition. - § 119. Acquisition. A municipality may take property by acquisition...

120 - Regulation of Redevelopment Companies. - § 120. Regulation of redevelopment companies. The supervising agency shall:...

120-A - State Supervision and Regulation. - § 120-a. State supervision and regulation. A municipality with a...

121 - Sinking Fund. - § 121. Sinking fund. Unless other provision be made therefor...

122 - Transfer of Title or Foreclosure of Project. - § 122. Transfer of title or foreclosure of project. 1....

123 - Dissolution. - § 123. Dissolution. 1. After termination of any tax exemption...

124 - Participation by Certain Corporations. - § 124. Participation by certain corporations. One or more insurance...

125 - Tax Exemptions. - (a-1) Where the redevelopment contract between a mutual redevelopment company...

126 - Reduced Rentals for the Elderly. - (b) Such payments shall be made only where the contract...

127 - Acquisition by Mutual Redevelopment Companies. - (a) With the approval of the supervising agency, any person...

128 - Resale Price of Shares. - (a) The resale price of shares in a mutual company...

Article 6 - Urban Redevelopment Corporations

200 - Short Title. - § 200. Short title. This article shall be known and...

201 - Legislative Finding, Policy of State, and Purpose of Article. - § 201. Legislative finding, policy of state, and purpose of...

202 - Definitions. - § 202. Definitions. The following terms, whenever used or referred...

203 - Development Plans and Approval Thereof. - (a) A metes and bounds description of the development area;...

204 - Appointment of Supervising Agency. - § 204. Appointment of supervising agency. The local legislative body...

205 - Redevelopment Corporations. - (a) Included among the purposes for which the corporation is...

206 - Limitations of Redevelopment Corporations. - § 206. Limitations of redevelopment corporations. No redevelopment corporation shall:...

207 - Application of Other Corporation Laws to Redevelopment Corporations. - § 207. Application of other corporation laws to redevelopment corporations....

208 - Consideration for Issuance of Stock, Bonds or Income Debentures. - § 208. Consideration for issuance of stock, bonds or income...

209 - Determination of Development Cost. - § 209. Determination of development cost. 1. Upon the completion...

210 - Regulation of Redevelopment Corporations by Supervising Agency. - § 210. Regulation of redevelopment corporations by supervising agency. A...

211 - Exemption From Increase in Local Taxation. - § 211. Exemption from increase in local taxation. 1. A...

212 - Limited Return on Income Debentures and Stock. - § 212. Limited return on income debentures and stock. 1....

213 - Enforcement Proceedings Against Redevelopment Corporations. - § 213. Enforcement proceedings against redevelopment corporations. Whenever a redevelopment...

214 - Transfer of Real Property to Redevelopment Corporation. - § 214. Transfer of real property to redevelopment corporation. Notwithstanding...

215 - Methods of Acquisition of Real Property. - (a) Whether before or after the certificates of approval of...

216 - Proceedings to Acquire. - (a) A metes and bounds description of the real property...

217 - Temporary Use or Occupation of Real Property Taken by Acquisition. - § 217. Temporary use or occupation of real property taken...

218 - Mortgages. - § 218. Mortgages. 1. Any redevelopment corporation may borrow funds...

219 - Sale or Lease of Real Property by a City to a Redevelopment Corporation. - § 219. Sale or lease of real property by a...

220 - Provisions of Lease. - § 220. Provisions of lease. If real property of a...

221 - Construction. - § 221. Construction. This article shall be construed liberally to...

Article 6-A - Community Development Corporations

250 - Short Title. - § 250. Short title. This article shall be known and...

251 - Policy and Purposes of Article. - § 251. Policy and purposes of article. It is the...

252 - Definitions. - § 252. Definitions. As used in this article, unless a...

253 - Incorporation and Organization. - § 253. Incorporation and organization. Community development corporations shall be...

254 - Powers and Limitations. - (a) To construct, reconstruct, improve, alter, repair, lease, manage, operate...

255 - Members, Officers and Directors. - § 255. Members, officers and directors. 1. No member or...

256 - Mortgage Loans. - § 256. Mortgage loans. The New York state housing finance...

257 - Conditions and Security for Loans. - (i) the estimated revenues of the project or the monies...

258 - Transfer of Real Property. - § 258. Transfer of real property. 1. Notwithstanding any requirement...

259 - Supervision and Regulation. - § 259. Supervision and regulation. The commissioner may from time...

260 - Tax Exemption. - § 260. Tax exemption. The property of a community development...

261 - Separability. - § 261. Separability. If any clause, sentence, paragraph, section or...

Article 7 - Mortgage Facilities Corporation

300 - Short Title. - § 300. Short title. This article shall be known and...

301 - Policy of State and Purpose of Article. - § 301. Policy of state and purpose of article. It...

302 - Definitions. - § 302. Definitions. 1. The term "housing accommodation," as used...

303 - Establishment of Corporation. - § 303. Establishment of corporation. There is hereby created a...

304 - Purposes, Powers and Operation. - (a) To issue and sell for cash capital stock of...

305 - Board of Directors. - § 305. Board of directors. 1. All the corporate powers...

306 - Temporary Board of Directors. - § 306. Temporary board of directors. 1. The first annual...

307 - Membership. - § 307. Membership. 1. The members of such corporation shall...

308 - Capital and Shares. - § 308. Capital and shares. The total number of shares...

309 - Obligations. - § 309. Obligations. At no time shall the total obligations...

310 - Restrictions. - § 310. Restrictions. Such corporation shall not deposit any of...

311 - Examination. - § 311. Examination. At least once in each calendar year...

312 - Unissued Securities and Reorganization. - § 312. Unissued securities and reorganization. 1. The holders of...

313 - Participation. - § 313. Participation. Notwithstanding any rule at common law or...

Article 7-A - Community Senior Citizens Centers and Services Companies

350 - Short Title. - § 350. Short title. This article shall be known and...

351 - Policy and Purposes of Article. - § 351. Policy and purposes of article. It is hereby...

352 - Definitions. - § 352. Definitions. As used in this article the following...

353 - Companies; How Created. - § 353. Companies; how created. Notwithstanding the provisions of any...

354 - Consent of Commissioner. - § 354. Consent of commissioner. Whenever any such certificate shall...

355 - Powers and Limitations of a Company. - (a) To make and execute contracts and other instruments necessary...

356 - Members; Officers and Directors. - § 356. Members; officers and directors. No member or director...

357 - Financing. - § 357. Financing. 1. Any company formed under this article...

358 - Conditions and Security for Loans. - (1) The company has complied with all of the provisions...

359 - Rates and Fees. - § 359. Rates and fees. A company shall, with the...

360 - Transfer of Real Property. - § 360. Transfer of real property. Notwithstanding any requirement of...

361 - Supervision and Regulation. - (b) Subject to the provisions of the agreement with said...

362 - Voluntary Dissolution. - § 362. Voluntary dissolution. At any time after the expiration...

363 - Foreclosures and Judgments. - § 363. Foreclosures and judgments. 1. In any foreclosure action...

364 - Fees and Charges. - § 364. Fees and charges. The department may by regulation...

365 - Separability. - § 365. Separability. If any clause, sentence, paragraph or part...

Article 8 - Loans to Owners of Existing Multiple Dwellings

400 - Policy and Purposes of Article. - § 400. Policy and purposes of article. It is hereby...

401 - Definitions. - § 401. Definitions. As used in this article the following...

402 - Loans to Owners. - (b) The amount of any such loan shall not exceed...

403 - Occupancy. - § 403. Occupancy. 1. The dwelling units in any existing...

404 - Conditions Precedent to Making Such Loans. - (b) Preference shall be given to persons who shall have...

405 - Rent Control; Tax Exemption. - § 405. Rent control; tax exemption. 1. Notwithstanding the provisions...

406 - Rules and Regulations. - § 406. Rules and regulations. An agency may promulgate supplementary...

407 - Participation by Certain Corporations and Individuals. - § 407. Participation by certain corporations and individuals. 1. One...

408 - Minimization of Displacement. - * § 408. Minimization of displacement. The agency shall use...

Article 8-A - Small Loans to Owners of Multiple Dwellings to Remove Substandard or Insanitary Conditions

450 - Policy and Purposes of Article. - § 450. Policy and purposes of article. It is hereby...

451 - Definitions. - § 451. Definitions. As used in this article the following...

452 - Loans to Owners. - § 452. Loans to owners. 1. Notwithstanding the provisions of...

453 - Conditions Precedent to Making Such Loans. - (a) Each dwelling unit in such multiple dwelling shall be...

454 - Servicing of Municipal Loans by Banking Institutions. - § 454. Servicing of municipal loans by banking institutions. The...

455 - Rules and Regulations. - § 455. Rules and regulations. The supervising agency may promulgate...

456 - Minimization of Displacement. - * § 456. Minimization of displacement. The supervising agency shall...

457 - Records. - * § 457. Records. The supervising agency shall take reasonable...

Article 8-B - Loans to Owner-Occupants of One to Four Unit Private and Multiple Dwellings

470 - Policy and Purposes of Article. - § 470. Policy and purposes of article. It is hereby...

471 - Definitions. - § 471. Definitions. 1. "Agency" shall mean any agency or...

472 - Loans to Owner-Occupants. - § 472. Loans to owner-occupants. 1. Notwithstanding the provisions of...

473 - Conditions Precedent to Making Such Loans. - § 473. Conditions precedent to making such loans. 1. No...

474 - Servicing of Loans by Banking Institutions and Loan Servicing Companies. - § 474. Servicing of loans by banking institutions and loan...

475 - Interest Reduction Subsidies. - § 475. Interest reduction subsidies. Notwithstanding the provisions of any...

476 - Mortgage Recording Tax Exemption. - § 476. Mortgage recording tax exemption. Notwithstanding any inconsistent provision...

477 - Rules and Regulations. - § 477. Rules and regulations. The agency may promulgate rules...

478 - Source of Funds. - § 478. Source of funds. A municipality may utilize federal...

Article 9 - Acquisition of Property

500 - Acquisition of Real Property. - § 500. Acquisition of real property. Real property may be...

501 - Proceedings to Acquire. - (a) Evidence of the price and other terms upon any...

502 - Condemnation of Excess Property. - § 502. Condemnation of excess property. A municipality may take...

503 - Sale or Lease of Municipal Lands to a Housing Company. - § 503. Sale or lease of municipal lands to a...

504 - Re-Entry of Lands Sold or Leased. - § 504. Re-entry of lands sold or leased. 1. After...

507 - Condemnation Certificate of Commissioner. - § 507. Condemnation certificate of commissioner. The power of condemnation...

508 - Notice of Public Hearing. - § 508. Notice of public hearing. The hearing shall be...

Article 10 - Sale or Lease of Projects

550 - Application of Article. - § 550. Application of article. This article shall apply only...

551 - Definitions. - § 551. Definitions. As used in this article, the following...

552 - Sale or Lease of Projects. - § 552. Sale or lease of projects. 1. An authority...

553 - Conditions Precedent to Sale or Lease. - § 553. Conditions precedent to sale or lease. No such...

554 - Provisions of Lease. - (a) shall provide that all improvements shall be the property...

555 - Financial Structure. - (b) The entire amount to be paid in cash or...

556 - Tax Exemptions. - § 556. Tax exemptions. Notwithstanding the provisions of section fifty-two,...

557 - Supervision of Certain Housing Companies. - § 557. Supervision of certain housing companies. The provisions of...

558 - Subsidies. - § 558. Subsidies. 1. The obligation of the state to...

559 - Savings Clause. - § 559. Savings clause. 1. The repeal of laws as...

560 - Laws Repealed. - § 560. Laws repealed. Subdivision four of section thirty-seven of...

Article 11 - Housing Development Fund Companies

570 - Short Title. - § 570. Short title. This article shall be known and...

571 - Statement of Legislative Findings and Purposes. - § 571. Statement of legislative findings and purposes. The legislature...

572 - Definitions. - § 572. Definitions. As used in this article, the following...

573 - Incorporation and Organization of Non-Profit Housing Corporations. - § 573. Incorporation and organization of non-profit housing corporations. 1....

574 - Establishment of Fund. - § 574. Establishment of fund. 1. There is hereby created...

574-A - Municipal Housing Development Fund. - § 574-a. Municipal housing development fund. 1. A municipality may...

575 - Advances; Conditions; Repayment. - § 575. Advances; conditions; repayment. 1. The commissioner of housing...

576 - Regulatory Agreements. - § 576. Regulatory agreements. 1. Every housing development fund company...

576-A - Acquisition and Disposition of Real Property by Municipality. - § 576-a. Acquisition and disposition of real property by municipality....

576-B - Special Provisions With Respect to State Urban Development Corporation Projects. - § 576-b. Special provisions with respect to state urban development...

576-C - Loans to Housing Development Companies by a Municipality. - * § 576-c. Loans to housing development companies by a...

576-D - Master Servicing Agreement. - (b) The commissioner shall establish criteria for prioritizing loan applications...

576-E - Municipal Housing Assistance Fund. - § 576-e. Municipal housing assistance fund. 1. A municipality may...

577 - Tax Exemptions. - (b) Where a municipality acts on behalf of another taxing...

577-A - Adjusting Fair Rental Equalization for the Elderly. - (b) Such payments shall be made only where over-income tenants...

577-B - Payment of Arrears for Certain Taxes. - (a) is controlled by and provides housing accommodations to its...

578 - Advisory and Educational Services. - § 578. Advisory and educational services. The commissioner and the...

579 - Rules and Regulations. - § 579. Rules and regulations. The commissioner and the supervising...

580 - Examination by Comptroller. - § 580. Examination by comptroller. 1. The comptroller, or his...

581 - Inconsistent Provisions in Other Laws Superseded. - § 581. Inconsistent provisions in other laws superseded. Insofar as...

582 - Separability Clause. - § 582. Separability clause. If any clause, sentence, paragraph, section...

Article 13 - Miscellaneous

600 - Construction. - § 600. Construction. This chapter shall be construed liberally to...

601 - Separability Clause. - § 601. Separability clause. If any clause, sentence, paragraph, section...

602 - Prohibition Against Discrimination. - § 602. Prohibition against discrimination. For all the purposes of...

603 - Pending Actions or Proceedings. - § 603. Pending actions or proceedings. This chapter or anything...

604 - Saving Clause. - § 604. Saving clause. 1. The repeal of the laws...

605 - Laws Repealed. - § 605. Laws repealed. Of the laws enumerated in the...

606 - Extension of the Time for Payment and Suspension of Payment of Real Estate Tax Liens. - (a) Failure to make any payments in respect of real...

607 - Rent Regulation of Multiple Dwellings Rehabilitated With a Loan Granted Pursuant to Section Three Hundred Twelve of the Housing Act of Nineteen Hundre - § 607. Rent regulation of multiple dwellings rehabilitated with a...

608 - Rent Regulation of Rehabilitated Multiple Dwellings Aided by Certain Federal Housing Assistance Programs. - § 608. Rent regulation of rehabilitated multiple dwellings aided by...

608-A - Rent Regulation of Rehabilitated Multiple Dwellings Acquired and Reconveyed by the Federal Government. - (a)"Agency" shall mean a department of housing preservation and development...

609 - Enacted Without Section Heading. - § 609. This act shall take effect March first, nineteen...

610 - Rental Assistance and Legal Regulated Rents. - (b) If any such rental assistance ends upon the vacancy...

Article 12 - New York City Housing Development Corporation

650 - Short Title. - § 650. Short title. This article shall be known and...

651 - Statement of Legislative Findings and Purpose. - § 651. Statement of legislative findings and purpose. 1. There...

652 - Definitions. - § 652. Definitions. As used or referred to in this...

653 - New York City Housing Development Corporation. - (b) The members, officers and employees of the corporation shall...

654 - Powers of the Corporation. - (2) With regard to any loan made pursuant to this...

654-A - Subsidiaries; How Created. - § 654-a. Subsidiaries; how created. 1. The corporation by resolution...

654-B - Housing Assistance Corporation. - (a) sue and be sued; (b) have a seal and...

654-C - Housing New York Corporation. - (a) "Housing New York program" shall mean the housing New...

654-D - Residential Mortgage Insurance Corporation. - (a) "Cash equivalent". A letter of credit, insurance policy, surety,...

655 - Notes and Bonds of the Corporation. - (b) The corporation shall have the power, from time to...

655-A - Authorization of Contracts for Taxation by the United States of Interest on Obligations Guaranteed Thereby. - § 655-a. Authorization of contracts for taxation by the United...

656 - Reserve Funds and Appropriations. - § 656. Reserve funds and appropriations. 1. a. The corporation...

657 - Agreement With the State. - § 657. Agreement with the state. The state does hereby...

658 - State and City Not Liable on Notes and Bonds. - § 658. State and city not liable on notes and...

659 - City's Right to Require Redemption of Bonds. - § 659. City's right to require redemption of bonds. Notwithstanding...

660 - Remedies of Noteholders and Bondholders. - (a) by suit, action or proceeding in accordance with the...

661 - Assistance to the Corporation. - § 661. Assistance to the corporation. The state or city...

662 - Notes and Bonds as Legal Investments. - § 662. Notes and bonds as legal investments. The notes...

663 - Exemption From Taxation. - § 663. Exemption from taxation. 1. The property of the...

664 - Employees of the Corporation. - § 664. Employees of the corporation. 1. Notwithstanding any inconsistent...

665 - Assistance by Department of Housing Preservation and Development. - § 665. Assistance by department of housing preservation and development....

666 - Moneys of the Corporation. - § 666. Moneys of the corporation. 1. All moneys of...

667 - Actions. - § 667. Actions. 1. Except in an action for wrongful...

668 - Annual Report. - § 668. Annual report. The corporation shall submit to the...

669 - Article Not Affected if in Part Unconstitutional. - § 669. Article not affected if in part unconstitutional. If...

670 - Inconsistent Provisions in Other Laws Superseded. - § 670. Inconsistent provisions in other laws superseded. Insofar as...

Article 15 - Participation Loans to Owners of Multiple Dwellings by Private Investors and Municipalities Utilizing Federal Grant Funds

800 - Policy and Purposes of Article. - § 800. Policy and purposes of article. It is hereby...

801 - Definitions. - § 801. Definitions. As used in this article the following...

801-A - Application to Certain Garden-Type Maisonette Dwelling Projects. - § 801-a. Application to certain garden-type maisonette dwelling projects. For...

802 - Participation Loans to Owners. - (b) The aggregate amount of each such participation loan shall...

803 - Conditions Precedent to Making Such Loans. - § 803. Conditions precedent to making such loans. A municipality...

804 - Rentals. - § 804. Rentals. Notwithstanding the provisions of, or any regulation...

805 - Participation of New York City Housing Development Corporation. - § 805. Participation of New York city housing development corporation....

806 - Regulations. - § 806. Regulations. The agency may promulgate supplementary rules and...

Article 16 - Neighborhood Preservation Companies

901 - Declaration of Legislative Findings. - § 901. Declaration of legislative findings. The legislature hereby finds...

902 - Definitions. - § 902. Definitions. As used in this article, the following...

903 - Contracts With Neighborhood Preservation Companies. - (a) that the geographic boundaries proposed by the applicant for...

904 - Payments to Neighborhood Preservation Companies for Neighborhood Preservation Activities. - (a)(i) The total unmerged company funding shall equal the current...

905 - Periodic Review of Contract Performance; Renegotiation and Termination of Contract. - § 905. Periodic review of contract performance; renegotiation and termination...

906 - Technical Services and Assistance to Neighborhood Preservation Companies. - § 906. Technical services and assistance to neighborhood preservation companies....

907 - Rules and Regulations to Be Promulgated by the Commissioner. - § 907. Rules and regulations to be promulgated by the...

908 - Applicability of Other Laws to Neighborhood Preservation Companies. - § 908. Applicability of other laws to neighborhood preservation companies....

909 - Annual Report. - § 909. Annual report. The commissioner shall, on or before...

910 - Merged Company Savings Fund. - § 910. Merged company savings fund. The division shall create...

Article 16-A - Urban Initiatives

920 - Statement of Legislative Findings and Purpose. - § 920. Statement of legislative findings and purpose. The legislature...

921 - Definitions. - § 921. Definitions. As used in this article: 1. "Commissioner"...

922 - Urban Initiative Contracts. - § 922. Urban initiative contracts. 1. Within the limit of...

923 - General and Administrative Provisions. - § 923. General and administrative provisions. 1. The corporation shall...

924 - Transfer of Authority, Administration and Appropriations. - § 924. Transfer of authority, administration and appropriations. 1. On...

Article 17 - Housing and Community Preservation in Rural Areas

1001 - Legislative Findings and Statement of Policy. - § 1001. Legislative findings and statement of policy. The legislature...

1002 - Definitions. - § 1002. Definitions. As used in this article, the following...

1003 - Contracts With Not-for-Profit Corporations for Housing Preservation and Community Renewal Activities. - (a) that the region proposed to be served by the...

1004 - Payments Pursuant to Contracts. - (a) (i) The total unmerged corporation funding shall equal the...

1005 - Enforcement of Standards for Contract Performance. - § 1005. Enforcement of standards for contract performance. 1. The...

1006 - Technical Services and Assistance to Corporations and Rural Areas. - § 1006. Technical services and assistance to corporations and rural...

1007 - Rules and Regulations. - § 1007. Rules and regulations. The commissioner shall issue rules...

1008 - Relationship to Other Laws. - § 1008. Relationship to other laws. Nothing in this article...

1009 - Annual Report. - § 1009. Annual report. The commissioner shall, on or before...

1010 - Rural Aging Services. - § 1010. Rural aging services. Housing preservation and community renewal...

1011 - Merged Company Savings Fund. - § 1011. Merged company savings fund. The division shall create...

Article 17-A - Rental Assistance Program for Rural Areas

1020 - Legislative Findings and Statement of Policy. - § 1020. Legislative findings and statement of policy. The legislature...

1021 - Definitions. - § 1021. Definitions. As used in this article, any term...

1023 - Rural Housing Assistance Contracts. - § 1023. Rural housing assistance contracts. 1. The commissioner may...

1024 - Payments Pursuant to Contracts. - § 1024. Payments pursuant to contracts. 1. Payments shall be...

1025 - Administrative Provisions. - § 1025. Administrative provisions. 1. The commissioner shall provide, by...

Article 17-B - Rural Area Revitalization Projects

1051 - Legislative Findings and Statement of Policy. - § 1051. Legislative findings and statement of policy. The legislature...

1052 - Definitions. - (a) all terms defined in article seventeen of this chapter...

1053 - Contracts for Rural Area Revitalization Projects. - (a) the region to be served is a portion of...

1054 - Administration of Contracts. - (a) it may be modified and renegotiated from time to...

1055 - Rules and Regulations. - § 1055. Rules and regulations. The corporation may provide, by...

1057 - Transfer of Authority, Administration and Appropriations. - § 1057. Transfer of authority, administration and appropriations. 1. On...

Article 18 - Low Income Housing Trust Fund Program

1100 - Statement of Legislative Findings and Purpose. - § 1100. Statement of legislative findings and purpose. The legislature...

1101 - Definitions. - § 1101. Definitions. For the purposes of this article: 1....

1102 - Cooperative or Condominium, Homesteading and Rental Contracts. - (a) That violations on the project which are classified as...

1103 - General and Administrative Provisions. - § 1103. General and administrative provisions. 1. The corporation shall...

Article 18-A - Low Income Turnkey/enhanced Housing Trust Fund Program

1106 - Legislative Findings and Declarations. - § 1106. Legislative findings and declarations. The legislature hereby finds...

1106-A - Definitions. - § 1106-a. Definitions. For purposes of this article, the following...

1106-B - Low Income Turnkey/enhanced Housing Trust Fund Program Established. - § 1106-b. Low income turnkey/enhanced housing trust fund program established....

1106-C - Request for Proposals. - § 1106-c. Request for proposals. The corporation, pursuant to a...

1106-D - Selection of Eligible Applicants for Grants or Loans Under This Article. - (a) eligible applicants can demonstrate by their past performance or...

1106-E - Reserve Fund. - § 1106-e. Reserve fund. There shall be a reserve fund...

1106-F - Project Operation and Management; Rent Structure; Tenant Selection. - § 1106-f. Project operation and management; rent structure; tenant selection....

1106-G - Adjustment of Rents; Income Verification. - § 1106-g. Adjustment of rents; income verification. Notwithstanding any other...

1106-H - Real Property Tax Exemption. - § 1106-h. Real property tax exemption. 1. The local legislative...

1106-I - General and Administrative Provisions of This Article. - § 1106-i. General and administrative provisions of this article. 1....

1106-J - Liability on Obligations. - § 1106-j. Liability on obligations. 1. Except for obligations which...

Article 19 - Affordable Home Ownership Development Program

1110 - Statement of Legislative Findings and Purpose. - § 1110. Statement of legislative findings and purpose. The legislature...

1111 - Definitions. - § 1111. Definitions. 1. "Home" shall mean a one to...

1112 - Affordable Home Ownership Development Contracts. - (a) The proposed project or program will make home ownership,...

1113 - General and Administrative Provisions. - (b) The corporation shall, on or before September fifteenth in...

Article 20 - Manufactured Home Cooperative Fund Program

1120 - Statement of Legislative Intent. - § 1120. Statement of legislative intent. The legislature hereby finds...

1121 - Definitions. - § 1121. Definitions. For the purposes of this article: 1....

1122 - Manufactured Home Cooperative Fund Contracts. - (a) the extent to which park residents are threatened with...

1123 - General and Administrative Provisions. - § 1123. General and administrative provisions. 1. The agency may...

Article 21 - Infrastructure Development Demonstration Program

1130 - Statement of Legislative Findings and Purpose. - § 1130. Statement of legislative findings and purpose. The legislature...

1131 - Definitions. - § 1131. Definitions. 1. "Eligible applicant" shall mean a public...

1132 - Infrastructure Development Contracts. - § 1132. Infrastructure development contracts. 1. The agency is hereby...

1133 - General and Administrative Provisions. - § 1133. General and administrative provisions. 1. The agency shall...

Article 22 - Affordable Housing Development Loans

1150 - Statement of Legislative Findings and Purposes. - § 1150. Statement of legislative findings and purposes. It is...

1151 - Definitions. - § 1151. Definitions. 1. "Eligible site" shall mean any real...

1152 - Affordable Housing Development Loans. - § 1152. Affordable housing development loans. 1. Notwithstanding the provisions...

1153 - General Provisions. - § 1153. General provisions. 1. The agency shall issue and...

Article 24 - National Affordable Housing Act Program

1170 - Statement of Legislative Findings and Purposes. - § 1170. Statement of legislative findings and purposes. The legislature...

1171 - Definitions. - § 1171. Definitions. As used in this article: 1. "NAHA"...

1172 - The New York State Home Program. - (b) The division shall not enter into an agreement under...

1173 - Gap Communities. - * § 1173. Gap communities. Notwithstanding the provisions of section...

1174 - General and Administrative Provisions. - § 1174. General and administrative provisions. 1. The division shall...

Article 25 - New York Access to Home Program

1200 - Statement of Legislative Findings and Purpose. - § 1200. Statement of legislative findings and purpose. The legislature...

1201 - Definitions. - § 1201. Definitions. As used in this article: 1. "Corporation"...

1202 - Access to Home Contracts. - § 1202. Access to home contracts. 1. Within the limit...

Article 26 - New York Main Street Program

1220 - Statement of Legislative Findings and Purpose. - § 1220. Statement of legislative findings and purpose. The legislature...

1221 - Definitions. - § 1221. Definitions. As used in this article: 1. "Corporation"...

1222 - Main Street Contracts. - § 1222. Main street contracts. 1. Within the limit of...

Article 27 - Rural and Urban Community Investment Fund Program

1230 - Statement of Legislative Findings and Purpose. - § 1230. Statement of legislative findings and purpose. The legislature...

1231 - Definitions. - § 1231. Definitions. 1. "Corporation" shall mean the housing trust...

1232 - Rural and Urban Community Investment Fund. - § 1232. Rural and urban community investment fund. 1. Within...

Article 29 - Residential Emergency Services to Offer Home Repairs to the Elderly Program

1260 - Statement of Legislative Findings. - § 1260. Statement of legislative findings. The legislature hereby finds...

1261 - Definitions. - § 1261. Definitions. As used in this article: 1. "Corporation"...

1262 - Residential Emergency Services to Offer Home Repairs to the Elderly Contracts. - § 1262. Residential emergency services to offer home repairs to...

Article 30 - New York Access to Home for Heros Program

1270 - Statement of Legislative Findings and Purpose. - § 1270. Statement of legislative findings and purpose. The legislature...

1271 - Definitions. - § 1271. Definitions. As used in this article: 1. "Corporation"...

1272 - Access to Home for Heros Contracts. - § 1272. Access to home for heroes contracts. 1. Within...

Article 31 - Housing Our Neighbors With Dignity Program

1280 - Legislative Findings and Purpose. - § 1280. Legislative findings and purpose. The state of New...

1281 - Definitions. - (a) Has as one of such organization's primary purposes: (i)...

1282 - Housing Our Neighbors With Dignity Program. - (a) Finance the acquisition of distressed hotels and commercial office...

<< Previous

Next >>

New York Laws PVH - Private Housing Finance

New York Laws
PVH - Private Housing Finance