646 – Audit and Annual Reports.
§ 646. Audit and annual reports. The trust shall have an internal audit function and shall annually prepare and submit reports as required by this section, provided that no report shall be required during the earlier of the first year after the trust commences its operations or one year and nine months after the effective […]
647 – Jurisdiction Over Trust.
§ 647. Jurisdiction over trust. 1. The trust shall not be deemed a “covered organization” as defined in the New York state financial emergency act for the city of New York. 2. The department of investigation of the city shall be authorized to conduct investigations relating to the trust pursuant to chapter thirty-four of the […]
634 – Alternative Project Delivery Contracts.
§ 634. Alternative project delivery contracts. 1. Notwithstanding any provision of law to the contrary, including but not limited to section seventy-two hundred ten of the education law, and in conformity with the requirements of this article, for any public work undertaken pursuant to a project labor agreement the trust may use alternative project delivery […]
635 – Additional Authority.
§ 635. Additional authority. The procurement authority conferred by this article shall not impact or impair, and shall be in addition to, the authority conferred by the NYCHA modernization investment act and the New York city public works investment act.
636 – Additional Requirements for Alternative Project Delivery Contracts.
§ 636. Additional requirements for alternative project delivery contracts. Construction performed under a contract entered into by the trust pursuant to this article shall be deemed a “public work” to be performed in accordance with the provisions of article eight of the labor law, including but not limited to the prevailing wage requirements set forth […]
637 – Borrowing by the Trust and for Its Benefit; Effects of Certain Defaults.
§ 637. Borrowing by the trust and for its benefit; effects of certain defaults. 1. For the purposes of this section, the term “project” means the acquisition, development, design, construction, reconstruction, improvement, rehabilitation, repairing and operation of housing facilities. 2. The trust shall have the power and is hereby authorized from time to time to […]
628 – New York City Public Housing Preservation Trust.
§ 628. New York city public housing preservation trust. 1. There is hereby established a public benefit corporation to be known as the “New York city public housing preservation trust”. The purpose of such trust shall be the design, development, construction, reconstruction, improvement, modernization, rehabilitation, repairing and operation of housing facilities. 2. The trust shall […]
629 – Powers and Duties of the Trust.
§ 629. Powers and duties of the trust. The trust shall have the following powers and duties: 1. to sue and be sued; 2. to have a seal and alter the same at pleasure; 3. to make and, as necessary, to amend and repeal by-laws for the trust and the management and regulation of its […]
630 – Transfer of Property.
§ 630. Transfer of property. 1. NYCHA, acting by NYCHA board resolution and in accordance with a disposition or similar plan approved by the United States department of housing and urban development in accordance with applicable federal law, which shall include a letter of approval from the mayor or a designee of the mayor, may […]
631 – Resident Protections and Opportunities.
§ 631. Resident protections and opportunities. 1. The protections afforded to a resident of a housing facility shall be consistent with those afforded to a public housing resident, to the extent permitted in accordance with federal law, and subject to and with the approval of the United States department of housing and urban development. These […]