NY Priv Hous Fin L § 906 (2021)
2021 New York Laws PVH - Private Housing Finance Article 16 - Neighborhood Preservation Companies 906 - Technical Services and Assistance to Neighborhood Preservation Companies.

§  906. Technical services and assistance to neighborhood preservation   companies.  1.  The  division  is  hereby  authorized   to   render   to   neighborhood   preservation   companies   such  technical  services  and   assistance as it may possess or as may be available to it to enable such   companies to comply with the intent and provisions of this article.  The   division  is further authorized to take all steps necessary to encourage   the formation, organization and growth of new neighborhood  preservation   companies.  The  division  may  also,  from  funds  appropriated for the   purposes of this article,  contract  with  municipal  and  other  public   agencies  and  with  private  persons,  firms  and  corporations for the   provision of such technical services and assistance which  may  include:   preparation and submission of proposals for entering into contracts with   the  commissioner;  preparation and submission of reports required under   such contracts or  regulations  issued  by  the  commissioner;  internal   organization  and management of the neighborhood preservation companies;   recruitment and training of personnel of the  neighborhood  preservation   companies;  preparation of plans and projects, negotiation of agreements   and compliance with  requirements  of  programs  in  which  neighborhood   preservation  companies  may  become  engaged  in  the  course  of their   neighborhood preservation activities;  and  other  technical  advice  or   assistance  relating  to  the  performance  or rendition of neighborhood   preservation activities.2.  The  affordable  housing  corporation,  the  housing  trust   fund   corporation  or  their  designee  as  the  case may be, shall provide an   incentive grant to each company that is awarded a contract  pursuant  to   article eighteen or nineteen of this chapter. Such incentive grant shall   consist  of  the  payment  of  an additional sum of money equal to three   percent of the amount payable to such company pursuant to each  contract   provided,  however,  that such payment  shall not be counted against the   per dwelling unit total imposed by subdivision  one  of  section  eleven   hundred  two of this chapter or the per dwelling unit limitation imposed   by subdivision one of section eleven hundred twelve of this chapter, and   provided further that such additional  amount  shall  not  exceed  forty   thousand  dollars  per  contract. Such incentive grant shall be utilized   either for purposes consistent with the provisions of  this  article  or   for  the  cost  of  neighborhood preservation activities related to such   contract and shall not be subject to the limitation  on  the  amount  of   funds  which  may be received by companies contained in subdivision four   of section nine hundred three of  this  article.  Such  incentive  grant   shall  be  added  to  and  considered  a  payment under the contract for   purposes of allocating funds to any single municipality.