State Codes and Statutes

Statutes > New-york > Pvh > Article-3 > 59-b

§ 59-b. Affordable housing development account. The affordable housing  corporation created by section forty-five-b of this chapter shall create  and  establish  a  special account to be known as the affordable housing  development account and shall pay into such account any moneys which may  be made available to such corporation for the purposes of  such  account  from  any source including but not limited to moneys appropriated by and  made available pursuant to appropriation by the state and any income  or  interest  earned  by, or increment to, the account due to the investment  thereof or loans made pursuant to article nineteen of this chapter.  The  moneys held in or credited to the affordable housing development account  established under this section shall be expended solely to carry out the  provisions of article nineteen of this chapter.

State Codes and Statutes

Statutes > New-york > Pvh > Article-3 > 59-b

§ 59-b. Affordable housing development account. The affordable housing  corporation created by section forty-five-b of this chapter shall create  and  establish  a  special account to be known as the affordable housing  development account and shall pay into such account any moneys which may  be made available to such corporation for the purposes of  such  account  from  any source including but not limited to moneys appropriated by and  made available pursuant to appropriation by the state and any income  or  interest  earned  by, or increment to, the account due to the investment  thereof or loans made pursuant to article nineteen of this chapter.  The  moneys held in or credited to the affordable housing development account  established under this section shall be expended solely to carry out the  provisions of article nineteen of this chapter.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pvh > Article-3 > 59-b

§ 59-b. Affordable housing development account. The affordable housing  corporation created by section forty-five-b of this chapter shall create  and  establish  a  special account to be known as the affordable housing  development account and shall pay into such account any moneys which may  be made available to such corporation for the purposes of  such  account  from  any source including but not limited to moneys appropriated by and  made available pursuant to appropriation by the state and any income  or  interest  earned  by, or increment to, the account due to the investment  thereof or loans made pursuant to article nineteen of this chapter.  The  moneys held in or credited to the affordable housing development account  established under this section shall be expended solely to carry out the  provisions of article nineteen of this chapter.