New York Private Housing Finance Law Article 15 - PARTICIPATION LOANS TO OWNERS OF MULTIPLE DWELLINGS BY PRIVATE INVESTORS AND MUNICIPALITIES UTILIZING FEDERAL GRANT FUNDS

• 800 - Policy and Purposes of Article.
  It is hereby declared and found that there exists in municipalities in this state substandard and insanitary areas and neighborhoods characterized by undermaintained and deteriorating...
• 801 - Definitions.
  As used in this article the following terms shall have the following meanings unless a different meaning clearly appears from the context: 1. "Agency" shall...
• 801-a - Application to Certain Garden-Type Maisonette Dwelling Projects.
  For purposes of this article an existing multiple dwelling shall be deemed to include any garden-type maisonette dwelling project consisting of a series of dwelling...
• 802 - Participation Loans to Owners.
  1. Notwithstanding the provisions of any general, special or local law, one or more private investors and a municipality, acting through its agency, shall have...
• 803 - Conditions Precedent to Making Such Loans.
  A municipality shall not participate in a loan pursuant to this article unless the agency finds that the area in which the existing multiple dwelling,...
• 804 - Rentals.
  Notwithstanding the provisions of, or any regulation promulgated pursuant to, the emergency housing rent control law, the local emergency housing rent control act or local...
• 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...
• 806 - Regulations.
  The agency may promulgate supplementary rules and regulations to carry out the provisions of this article.

Last modified: February 3, 2019