PVH - Private Housing Finance
- Article 1 - (1 - 2) SHORT TITLE; DEFINITIONS
- Article 2 - (10 - 37) LIMITED-PROFIT HOUSING COMPANIES
- 10 - Short title.
- 11 - Policy and purposes of article.
- 11-A - Additional policy and purposes of article.
- 12 - Definitions.
- 13 - Limited-profit housing companies; how created.
- 13-A - The applicability of not-for-profit corporation law.
- 13-B - Verification of papers filed with supervising agency.
- 14 - Consent of commissioner to incorporation.
- 15 - Participation by certain corporations and individuals.
- 16 - Limited-profit housing companies; partnership relations.
- 17 - Powers.
- 18 - Designation of and service of process on secretary of state and registered agent.
- 19 - Consideration for issuance of stock, bonds or income debentures.
- 20 - Mortgages, mortgage bonds and notes.
- 21 - Capital structure.
- 22 - State loans.
- 22-A - Redevelopment loans.
- 22-B - Loans for state-aided limited-profit housing companies.
- 23 - Municipal loans and municipally aided projects.
- 23-A - Mortgage modifications, evidence of pre-existing indebtedness.
- 23-B - Participation in loan or investment.
- 23-C - Mortgage modifications.
- 24 - Income debentures.
- 25 - Working capital.
- 26 - Conditions and security for loans.
- 26-A - Findings for municipally-aided projects.
- 26-B - Special provisions with respect to state urban development corporation projects.
- 26-C - Special provisions with respect to Battery Park city projects.
- 27 - Limitations.
- 28 - Payments from earnings.
- 29 - Acquisition of property.
- 30 - Transfer of real property.
- 31 - Rentals and selection of tenants.
- 31-A - Resale price of shares.
- 31-B - Assignment or pledge of tenant cooperator's shares.
- 32 - Supervision and regulation.
- 32-A - Additional supervision and regulation.
- 32-B - Annual reports.
- 33 - Tax exemptions.
- 34 - Foreclosure and judgments.
- 35 - Voluntary dissolution.
- 36 - Sale of project prior to termination of tax exemption.
- 36-A - Additional powers of municipalities.
- 37 - Separability clause.
- Article 3 - (40 - 62) NEW YORK STATE HOUSING FINANCE AGENCY
- 40 - Short title.
- 41 - Statement of legislative findings and purposes.
- 42 - Definitions.
- 43 - New York state housing finance agency.
- 44 - Powers of the 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 - Monies of the agency.
- 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 - Reports.
- 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.
- 61 - Inconsistent provisions in other laws superseded.
- 61-A - Actions.
- 62 - Article not affected if in part unconstitutional.
- Article 3-A - (63 - 69) PERMANENT HOUSING FOR HOMELESS FAMILIES
- 63 - Legislative findings and declaration.
- 64 - Definitions.
- 65 - Permanent housing for homeless families site review advisory board.
- 65-A - 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-D - Selection of developers.
- 66 - Authorized courses of action.
- 67 - Liability on obligations.
- 68 - State/city allocations of permanent housing projects for homeless families.
- 69 - Compliance; general and administrative provisions.
- Article 4 - (70 - 97) LIMITED DIVIDEND HOUSING COMPANIES
- 70 - General policy.
- 71 - Definitions.
- 72 - Housing companies; how created.
- 73 - Consent of commissioner to creation of housing companies.
- 74 - Application of other laws.
- 75 - Designation of and service of process on secretary of state and registered agent.
- 76 - Limited return on capital and debentures.
- 77 - Time of payment of subscription or capital contributions.
- 78 - Consideration for capital and bonds.
- 79 - Minimum amount of capital and debentures.
- 80 - Income debentures.
- 81 - Mortgages and mortgage bonds.
- 82 - Limitations.
- 82-A - Redevelopment loans.
- 83 - Execution of housing company projects.
- 84 - Regulation of housing companies.
- 84-A - Additional supervision and regulation of housing companies.
- 85 - Control of rentals.
- 85-A - Selection of tenants and occupants.
- 85-B - Resale price of shares.
- 86 - Reduction of rentals in housing company projects.
- 87 - Increase of rentals in housing company projects.
- 88 - Surplus.
- 89 - Consolidated projects; operation of more than one project.
- 90 - Purchase by housing companies.
- 91 - Proceedings against housing companies.
- 92 - Reorganization.
- 93 - Tax exemptions.
- 94 - Foreclosure.
- 95 - Judgments against housing companies not relating to mortgage indebtedness.
- 96 - Voluntary dissolution.
- 97 - Corporations in existence prior to enactment of article.
- Article 5 - (100 - 128) REDEVELOPMENT COMPANIES
- 100 - Short title.
- 101 - Policy of state and purpose of act.
- 102 - Definitions.
- 103 - Redevelopment companies; how created.
- 104 - Consent of supervising agency to creation of redevelopment companies.
- 105 - Application of other corporation laws.
- 105-A - Application of other laws.
- 106 - Powers of redevelopment companies.
- 107 - Limited return on investment.
- 108 - Consideration for capital and bonds.
- 109 - Minimum amount of capital and debentures.
- 110 - Income debentures.
- 111 - Mortgages and mortgage bonds.
- 111-A - Participation by certain corporations and individuals.
- 111-B - Mortgage modification provisions for redevelopment companies in cities with a population of one million or more.
- 112 - Limitations.
- 112-A - Redevelopment loans.
- 113 - Use of projects.
- 114 - Procedure for submission and approval of plan or project.
- 115 - Limitation on changes.
- 116 - Transfer of real property to redevelopment company.
- 117 - Rules and regulations.
- 118 - Fees.
- 119 - Acquisition.
- 120 - Regulation of redevelopment companies.
- 120-A - State supervision and regulation.
- 121 - Sinking fund.
- 122 - Transfer of title or foreclosure of project.
- 123 - Dissolution.
- 124 - Participation by certain corporations.
- 125 - Tax exemptions.
- 126 - Reduced rentals for the elderly.
- 127 - Acquisition by mutual redevelopment companies.
- 128 - Resale price of shares.
- Article 6 - (200 - 221) URBAN REDEVELOPMENT CORPORATIONS
- 200 - Short title.
- 201 - Legislative finding, policy of state, and purpose of article.
- 202 - Definitions.
- 203 - Development plans and approval thereof.
- 204 - Appointment of supervising agency.
- 205 - Redevelopment corporations.
- 206 - Limitations of redevelopment corporations.
- 207 - Application of other corporation laws to redevelopment corporations.
- 208 - Consideration for issuance of stock, bonds or income debentures.
- 209 - Determination of development cost.
- 210 - Regulation of redevelopment corporations by supervising agency.
- 211 - Exemption from increase in local taxation.
- 212 - Limited return on income debentures and stock.
- 213 - Enforcement proceedings against redevelopment corporations.
- 214 - Transfer of real property to redevelopment corporation.
- 215 - Methods of acquisition of real property.
- 216 - Proceedings to acquire.
- 217 - Temporary use or occupation of real property taken by acquisition.
- 218 - Mortgages.
- 219 - Sale or lease of real property by a city to a redevelopment corporation.
- 220 - Provisions of lease.
- 221 - Construction.
- Article 6-A - (250 - 261) COMMUNITY DEVELOPMENT CORPORATIONS
- 250 - Short title.
- 251 - Policy and purposes of article.
- 252 - Definitions.
- 253 - Incorporation and organization.
- 254 - Powers and limitations.
- 255 - Members, officers and directors.
- 256 - Mortgage loans.
- 257 - Conditions and security for loans.
- 258 - Transfer of real property.
- 259 - Supervision and regulation.
- 260 - Tax exemption.
- 261 - Separability.
- Article 7 - (300 - 313) MORTGAGE FACILITIES CORPORATION
- 300 - Short title.
- 301 - Policy of state and purpose of article.
- 302 - Definitions.
- 303 - Establishment of corporation.
- 304 - Purposes, powers and operation.
- 305 - Board of directors.
- 306 - Temporary board of directors.
- 307 - Membership.
- 308 - Capital and shares.
- 309 - Obligations.
- 310 - Restrictions.
- 311 - Examination.
- 312 - Unissued securities and reorganization.
- 313 - Participation.
- Article 7-A - (350 - 365) COMMUNITY SENIOR CITIZENS CENTERS AND SERVICES COMPANIES
- 350 - Short title.
- 351 - Policy and purposes of article.
- 352 - Definitions.
- 353 - Companies; how created.
- 354 - Consent of commissioner.
- 355 - Powers and limitations of a company.
- 356 - Members; officers and directors.
- 357 - Financing.
- 358 - Conditions and security for loans.
- 359 - Rates and fees.
- 360 - Transfer of real property.
- 361 - Supervision and regulation.
- 362 - Voluntary dissolution.
- 363 - Foreclosures and judgments.
- 364 - Fees and charges.
- 365 - Separability.
- Article 8 - (400 - 408) LOANS TO OWNERS OF EXISTING MULTIPLE DWELLINGS
- Article 8-A - (450 - 457) SMALL LOANS TO OWNERS OF MULTIPLE DWELLINGS TO REMOVE SUBSTANDARD OR INSANITARY CONDITIONS
- Article 8-B - (470 - 478) LOANS TO OWNER-OCCUPANTS OF ONE TO FOUR UNIT PRIVATE AND MULTIPLE DWELLINGS
- 470 - Policy and purposes of article.
- 471 - Definitions.
- 472 - Loans to owner-occupants.
- 473 - Conditions precedent to making such loans.
- 474 - Servicing of loans by banking institutions and loan servicing companies.
- 475 - Interest reduction subsidies.
- 476 - Mortgage recording tax exemption.
- 477 - Rules and regulations.
- 478 - Source of funds.
- Article 9 - (500 - 508) ACQUISITION OF PROPERTY
- Article 10 - (550 - 560) SALE OR LEASE OF PROJECTS
- 550 - Application of article.
- 551 - Definitions.
- 552 - Sale or lease of projects.
- 553 - Conditions precedent to sale or lease.
- 554 - Provisions of lease.
- 555 - Financial structure.
- 556 - Tax exemptions.
- 557 - Supervision of certain housing companies.
- 558 - Subsidies.
- 559 - Savings clause.
- 560 - Laws repealed.
- Article 11 - (570 - 582) HOUSING DEVELOPMENT FUND COMPANIES
- 570 - Short title.
- 571 - Statement of legislative findings and purposes.
- 572 - Definitions.
- 573 - Incorporation and organization of non-profit housing corporations.
- 574 - Establishment of fund.
- 574-A - Municipal housing development fund.
- 575 - Advances; conditions; repayment.
- 576 - Regulatory agreements.
- 576-A - Acquisition and disposition of real property by municipality.
- 576-B - Special provisions with respect to state urban development corporation projects.
- 576-C - Loans to housing development companies by a municipality.
- 576-D - Master servicing agreement.
- 576-E - Municipal housing assistance fund.
- 577 - Tax exemptions.
- 577-A - Adjusting fair rental equalization for the elderly.
- 577-B - Payment of arrears for certain taxes.
- 578 - Advisory and educational services.
- 579 - Rules and regulations.
- 580 - Examination by comptroller.
- 581 - Inconsistent provisions in other laws superseded.
- 582 - Separability clause.
- Article 12 - (650 - 670) NEW YORK CITY HOUSING DEVELOPMENT CORPORATION
- 650 - Short title.
- 651 - Statement of legislative findings and purpose.
- 652 - Definitions.
- 653 - New York city housing development corporation.
- 654 - Powers of the corporation.
- 654-A - Subsidiaries; how created.
- 654-B - Housing assistance corporation.
- 654-C - Housing New York corporation.
- 654-D - Residential mortgage insurance corporation.
- 655 - Notes and bonds of the corporation.
- 655-A - Authorization of contracts for taxation by the United States of interest on obligations guaranteed thereby.
- 656 - Reserve funds and appropriations.
- 657 - Agreement with the state.
- 658 - State and city not liable on notes and bonds.
- 659 - City's right to require redemption of bonds.
- 660 - Remedies of noteholders and bondholders.
- 661 - Assistance to the corporation.
- 662 - Notes and bonds as legal investments.
- 663 - Exemption from taxation.
- 664 - Employees of the corporation.
- 665 - Assistance by department of housing preservation and development.
- 666 - Moneys of the corporation.
- 667 - Actions.
- 668 - Annual report.
- 669 - Article not affected if in part unconstitutional.
- 670 - Inconsistent provisions in other laws superseded.
- Article 13 - (600 - 609) MISCELLANEOUS
- 600 - Construction.
- 601 - Separability clause.
- 602 - Prohibition against discrimination.
- 603 - Pending actions or proceedings.
- 604 - Saving clause.
- 605 - Laws repealed.
- 606 - Extension of the time for payment and suspension of payment of real estate tax liens.
- 607 - Rent regulation of multiple dwellings rehabilitated with a loan granted pursuant to section three hundred twelve of the housing act of nineteen hundre
- 608 - Rent regulation of rehabilitated multiple dwellings aided by certain federal housing assistance programs.
- 608-A - Rent regulation of rehabilitated multiple dwellings acquired and reconveyed by the federal government.
- 609 - Enacted without section heading.
- Article 15 - (800 - 806) PARTICIPATION LOANS TO OWNERS OF MULTIPLE DWELLINGS BY PRIVATE INVESTORS AND MUNICIPALITIES UTILIZING FEDERAL GRANT FUNDS
- 800 - Policy and purposes of article.
- 801 - Definitions.
- 801-A - Application to certain garden-type maisonette dwelling projects.
- 802 - Participation loans to owners.
- 803 - Conditions precedent to making such loans.
- 804 - Rentals.
- 805 - Participation of New York city housing development corporation.
- 806 - Regulations.
- Article 16 - (901 - 909) NEIGHBORHOOD PRESERVATION COMPANIES
- 901 - Declaration of legislative findings.
- 902 - Definitions.
- 903 - Contracts with neighborhood preservation companies.
- 904 - Payments to neighborhood preservation companies for neighborhood preservation activities.
- 905 - Periodic review of contract performance; renegotiation and termination of contract.
- 906 - Technical services and assistance to neighborhood preservation companies.
- 907 - Rules and regulations to be promulgated by the commissioner.
- 908 - Applicability of other laws to neighborhood preservation companies.
- 909 - Annual report.
- Article 16-A - (920 - 924) URBAN INITIATIVES
- Article 17 - (1001 - 1010) HOUSING AND COMMUNITY PRESERVATION IN RURAL AREAS
- 1001 - Legislative findings and statement of policy.
- 1002 - Definitions.
- 1003 - Contracts with not-for-profit corporations for housing preservation and community renewal activities.
- 1004 - Payments pursuant to contracts.
- 1005 - Enforcement of standards for contract performance.
- 1006 - Technical services and assistance to corporations and rural areas.
- 1007 - Rules and regulations.
- 1008 - Relationship to other laws.
- 1009 - Annual report.
- 1010 - Rural aging services.
- Article 17-A - (1020 - 1025) RENTAL ASSISTANCE PROGRAM FOR RURAL AREAS
- Article 17-B - (1051 - 1057) RURAL AREA REVITALIZATION PROJECTS
- Article 18 - (1100 - 1103) LOW INCOME HOUSING TRUST FUND PROGRAM
- Article 18-A - (1106 - 1106-J) LOW INCOME TURNKEY/ENHANCED HOUSING TRUST FUND PROGRAM
- 1106 - Legislative findings and declarations.
- 1106-A - Definitions.
- 1106-B - Low income turnkey/enhanced housing trust fund program established.
- 1106-C - Request for proposals.
- 1106-D - Selection of eligible applicants for grants or loans under this article.
- 1106-E - Reserve fund.
- 1106-F - Project operation and management; rent structure; tenant selection.
- 1106-G - Adjustment of rents; income verification.
- 1106-H - Real property tax exemption.
- 1106-I - General and administrative provisions of this article.
- 1106-J - Liability on obligations.
- Article 19 - (1110 - 1113) AFFORDABLE HOME OWNERSHIP DEVELOPMENT PROGRAM
- Article 20 - (1120 - 1123) MANUFACTURED HOME COOPERATIVE FUND PROGRAM
- Article 21 - (1130 - 1133) INFRASTRUCTURE DEVELOPMENT DEMONSTRATION PROGRAM
- Article 22 - (1150 - 1153) AFFORDABLE HOUSING DEVELOPMENT LOANS
- Article 24 - (1170 - 1174) NATIONAL AFFORDABLE HOUSING ACT PROGRAM
- Article 25 - (1200 - 1202) NEW YORK ACCESS TO HOME PROGRAM
- Article 26 - (1220 - 1222) NEW YORK MAIN STREET PROGRAM