State Codes and Statutes

Statutes > New-york > Pvh > Article-3-a > 65-c

§  65-c.  Approval  of  funding  agreement;  issuance  of requests for  proposals. The city's funds for  such  projects  shall  be  provided  as  payments,  grants or loans pursuant to a funding agreement or agreements  with the agency. Any such agreement shall include the amount of  funding  to  be  provided by the city, the manner in which the city will make the  funds  available  to  the  agency  or  the  agency's  designee,  and   a  description  of  the projects and project sites, and shall be subject to  the approval of the mayor and the local legislative body  of  the  city.  Notwithstanding  any inconsistent provisions of law, general, special or  local, or charter, the mayor and the local legislative body  shall  take  action  to approve or disapprove such agreement within sixty days of its  submission, provided, however, that if the mayor  fails  to  approve  or  disapprove the agreement during such period the mayor shall be deemed to  have  approved  the  agreement  and  provided  further that if the local  legislative body fails to approve or disapprove  such  agreement  during  such  period the local legislative body shall be deemed to have approved  the agreement. In the case of  a  project  for  which  a  not-for-profit  corporation,  housing  development fund company or limited profit entity  has provided sites with the city's approval, approval by the  mayor  and  the  local  legislative  body  shall  not be required under this section  where such project has already received approval from the mayor and  the  local  legislative  body.  Upon  approval  by  the  mayor  and the local  legislative body of such agreement, and upon satisfaction of such  other  conditions  as  the  agency may establish, including but not limited to,  satisfactory assurances from the city that projects  on  approved  sites  will  receive  expedited reviews by city departments and agencies having  jurisdiction over the project, the agency is authorized to issue one  or  more  requests  for  proposals to developers who shall be not-for-profit  organizations or persons, partnerships, corporations or  other  entities  that will agree to limit their profits or rate of return of investors in  accordance  with  a  formula  established or approved by the agency with  respect to the project, for the development,  design,  construction,  or  rehabilitation  of  permanent  housing  projects  for  eligible homeless  families.  Approval  of  an  agreement  by  the  mayor  and  the   local  legislative  body  pursuant  to  this  section  shall not itself require  compliance with any local  land  use  review  procedure,  nor  shall  it  constitute  an action for purposes of article eight of the environmental  conservation law, provided, however, that this section shall  not  grant  any  exemption  from  such  procedures  or laws if otherwise applicable.  Notwithstanding  the  provisions  of  article  one-A   of   the   public  authorities  law,  contracts entered into by the agency pursuant to this  article shall not be subject to the provisions of article one-A  of  the  public authorities law.

State Codes and Statutes

Statutes > New-york > Pvh > Article-3-a > 65-c

§  65-c.  Approval  of  funding  agreement;  issuance  of requests for  proposals. The city's funds for  such  projects  shall  be  provided  as  payments,  grants or loans pursuant to a funding agreement or agreements  with the agency. Any such agreement shall include the amount of  funding  to  be  provided by the city, the manner in which the city will make the  funds  available  to  the  agency  or  the  agency's  designee,  and   a  description  of  the projects and project sites, and shall be subject to  the approval of the mayor and the local legislative body  of  the  city.  Notwithstanding  any inconsistent provisions of law, general, special or  local, or charter, the mayor and the local legislative body  shall  take  action  to approve or disapprove such agreement within sixty days of its  submission, provided, however, that if the mayor  fails  to  approve  or  disapprove the agreement during such period the mayor shall be deemed to  have  approved  the  agreement  and  provided  further that if the local  legislative body fails to approve or disapprove  such  agreement  during  such  period the local legislative body shall be deemed to have approved  the agreement. In the case of  a  project  for  which  a  not-for-profit  corporation,  housing  development fund company or limited profit entity  has provided sites with the city's approval, approval by the  mayor  and  the  local  legislative  body  shall  not be required under this section  where such project has already received approval from the mayor and  the  local  legislative  body.  Upon  approval  by  the  mayor  and the local  legislative body of such agreement, and upon satisfaction of such  other  conditions  as  the  agency may establish, including but not limited to,  satisfactory assurances from the city that projects  on  approved  sites  will  receive  expedited reviews by city departments and agencies having  jurisdiction over the project, the agency is authorized to issue one  or  more  requests  for  proposals to developers who shall be not-for-profit  organizations or persons, partnerships, corporations or  other  entities  that will agree to limit their profits or rate of return of investors in  accordance  with  a  formula  established or approved by the agency with  respect to the project, for the development,  design,  construction,  or  rehabilitation  of  permanent  housing  projects  for  eligible homeless  families.  Approval  of  an  agreement  by  the  mayor  and  the   local  legislative  body  pursuant  to  this  section  shall not itself require  compliance with any local  land  use  review  procedure,  nor  shall  it  constitute  an action for purposes of article eight of the environmental  conservation law, provided, however, that this section shall  not  grant  any  exemption  from  such  procedures  or laws if otherwise applicable.  Notwithstanding  the  provisions  of  article  one-A   of   the   public  authorities  law,  contracts entered into by the agency pursuant to this  article shall not be subject to the provisions of article one-A  of  the  public authorities law.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pvh > Article-3-a > 65-c

§  65-c.  Approval  of  funding  agreement;  issuance  of requests for  proposals. The city's funds for  such  projects  shall  be  provided  as  payments,  grants or loans pursuant to a funding agreement or agreements  with the agency. Any such agreement shall include the amount of  funding  to  be  provided by the city, the manner in which the city will make the  funds  available  to  the  agency  or  the  agency's  designee,  and   a  description  of  the projects and project sites, and shall be subject to  the approval of the mayor and the local legislative body  of  the  city.  Notwithstanding  any inconsistent provisions of law, general, special or  local, or charter, the mayor and the local legislative body  shall  take  action  to approve or disapprove such agreement within sixty days of its  submission, provided, however, that if the mayor  fails  to  approve  or  disapprove the agreement during such period the mayor shall be deemed to  have  approved  the  agreement  and  provided  further that if the local  legislative body fails to approve or disapprove  such  agreement  during  such  period the local legislative body shall be deemed to have approved  the agreement. In the case of  a  project  for  which  a  not-for-profit  corporation,  housing  development fund company or limited profit entity  has provided sites with the city's approval, approval by the  mayor  and  the  local  legislative  body  shall  not be required under this section  where such project has already received approval from the mayor and  the  local  legislative  body.  Upon  approval  by  the  mayor  and the local  legislative body of such agreement, and upon satisfaction of such  other  conditions  as  the  agency may establish, including but not limited to,  satisfactory assurances from the city that projects  on  approved  sites  will  receive  expedited reviews by city departments and agencies having  jurisdiction over the project, the agency is authorized to issue one  or  more  requests  for  proposals to developers who shall be not-for-profit  organizations or persons, partnerships, corporations or  other  entities  that will agree to limit their profits or rate of return of investors in  accordance  with  a  formula  established or approved by the agency with  respect to the project, for the development,  design,  construction,  or  rehabilitation  of  permanent  housing  projects  for  eligible homeless  families.  Approval  of  an  agreement  by  the  mayor  and  the   local  legislative  body  pursuant  to  this  section  shall not itself require  compliance with any local  land  use  review  procedure,  nor  shall  it  constitute  an action for purposes of article eight of the environmental  conservation law, provided, however, that this section shall  not  grant  any  exemption  from  such  procedures  or laws if otherwise applicable.  Notwithstanding  the  provisions  of  article  one-A   of   the   public  authorities  law,  contracts entered into by the agency pursuant to this  article shall not be subject to the provisions of article one-A  of  the  public authorities law.