1020 – Legislative Findings and Statement of Policy.
§ 1020. Legislative findings and statement of policy. The legislature hereby finds that in certain rural areas of the state significant numbers of low income residents are unable to obtain decent housing. The normal operation of the private market has not addressed their needs. The elderly and families are especially affected by the lack of […]
1021 – Definitions.
§ 1021. Definitions. As used in this article, any term defined in article seventeen of this chapter shall have the same meaning herein as set forth therein and the following terms shall have the following meanings: 1. “Federal assistance” means assistance from the Farmer’s Home Administration pursuant to title five of the United States Housing […]
922 – Urban Initiative Contracts.
§ 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.
§ 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.
§ 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 […]
1001 – Legislative Findings and Statement of Policy.
§ 1001. Legislative findings and statement of policy. The legislature hereby finds and declares that there exist in certain rural areas of the state significant unmet housing needs of persons and families of low or moderate income, numerous housing units which are deteriorating or in need of rehabilitation or improvement, and related factors demonstrating a […]
1002 – Definitions.
§ 1002. Definitions. As used in this article, the following terms shall have the following meanings: 1. “Commissioner” shall mean the commissioner of the state division of housing and community renewal. 2. “Division” shall mean the state division of housing and community renewal. 3. “Rural area of the state” shall mean cities, towns and villages […]
1003 – Contracts With Not-for-Profit Corporations for Housing Preservation and Community Renewal Activities.
§ 1003. Contracts with not-for-profit corporations for housing preservation and community renewal activities. 1. The commissioner may enter into contracts with corporations incorporated pursuant to the not-for-profit corporation law (or such law together with any other applicable law) for the performance of housing preservation and community renewal activities within a region, subject to the provisions […]
1004 – Payments Pursuant to Contracts.
§ 1004. Payments pursuant to contracts. 1. Each contract entered into pursuant to this article shall provide for payment to the corporation for the housing preservation and community renewal activities to be performed by it. 2. Payments pursuant to this section shall be restricted to sums required for the compensation of persons employed by, and […]
910 – Merged Company Savings Fund.
§ 910. Merged company savings fund. The division shall create a fund to hold and shall transfer all funds determined to be merged company savings pursuant to paragraph (d) of subdivision five of section nine hundred four of this article into such fund. The division shall use such funds, as available, for entering into new […]