§ 920. Statement of legislative findings and purpose. The legislature hereby finds and declares that there exists in New York state a serious need for the restoration and improvement of housing, local commercial areas and public facilities in distressed urban neighborhoods and that the state should encourage the revitalization of such neighborhoods; that not-for-profit community-based […]
§ 921. Definitions. As used in this article: 1. “Commissioner” shall mean the commissioner of the state division of housing and community renewal. 2. “Division” shall mean the division of housing and community renewal. 3. “Eligible applicant” shall mean a not-for-profit corporation or charitable organization, organized for a period of one or more years, which […]
§ 922. Urban initiative contracts. 1. Within the limit of funds available in the urban initiative program, the corporation is hereby authorized to enter into contracts with eligible applicants to provide state financial assistance for the project costs attributable to urban initiatives projects within neighborhoods. The state financial assistance shall be either in the form […]
§ 923. General and administrative provisions. 1. The corporation shall issue and promulgate rules and regulations for the administration of this article. The rules and regulations shall include provisions concerning the eligibility of applicants for payments, grants and loans under this article; funding criteria and the funding determination process; supervision and evaluation of contracting applicants; […]
§ 924. Transfer of authority, administration and appropriations. 1. On and after the effective date of this article, all obligations of the division with respect to the division urban initiatives program shall become the obligations of the corporation and the corporation shall be responsible for the administration of the division urban initiatives program. The division […]
