reglab/housing_qa huggingface dataset:
NY Priv Hous Fin L § 52 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 52 - Notes and Bonds as Legal Investment.

§  52. Notes and bonds as legal investment. The notes and bonds of the   agency are hereby made securities  in  which  all  public  officers  and   bodies  of this state and all municipalities and municipal subdivisions,   all insurance companies and associations, and other persons carrying  on   an  insurance  business,  all  banks,  bankers, trust companies, savings   banks and savings associations, including savings and loan associations,   building and loan associations, investment companies and  other  persons   carrying   on   a   banking  business,  all  administrators,  guardians,   executors,  trustees  and  other  fiduciaries,  and  all  other  persons   whatsoever who are now or may hereafter be authorized to invest in bonds   or  other  obligations  of  the  state,  may properly and legally invest   funds, including capital, in their control or belonging to them.
NY Priv Hous Fin L § 53 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 53 - Exemption From Taxation of Property and Income.

§  53. Exemption from taxation of property and income. The property of   the agency and its income and operations shall be exempt from taxation.
NY Priv Hous Fin L § 54 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 54 - Exemption From Taxation of Notes and Bonds.

§  54.  Exemption  from  taxation  of  notes  and  bonds. It is hereby   determined that the creation of the agency is in all  respects  for  the   benefit  of  the  people  of  the state and for the improvement of their   health, safety, welfare, comfort and security, and  that  said  purposes   are  public purposes and that the agency will be performing an essential   governmental function in the exercise of the powers conferred upon it by   this article. The state covenants with the purchasers and all subsequent   holders and transferees of notes and bonds  issued  by  the  agency,  in   consideration  of the acceptance of and payment for the notes and bonds,   that the notes and bonds of the agency, issued pursuant to this  article   and  the  income  therefrom  and  all  its fees, charges, gifts, grants,   revenues, receipts, and other monies received or to be received, pledged   to pay or secure the payment of such notes or bonds shall at  all  times   be  free  from  taxation,  except for estate and gift taxes and taxes on   transfers.
NY Priv Hous Fin L § 56 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 56 - Reports.

* §  56.  Reports.  1.  The  agency  shall submit to the governor, the   chairman of the senate finance committee, the chairman of  the  assembly   ways and means committee, the comptroller and the director of the budget   within  ninety  days  after  the  end of its fiscal year, a complete and   detailed report setting forth: (1) its operations  and  accomplishments;   (2)  its receipts and expenditures during such fiscal year in accordance   with the categories or classifications established by the agency for its   operating and capital  outlay  purposes,  including  a  listing  of  all   private  consultants  engaged  by  the  agency on a contract basis and a   statement of the total amount paid to each such private consultant;  (3)   its  assets  and  liabilities at the end of its fiscal year, including a   schedule of its  mortgage  loans  and  commitments  and  the  status  of   reserve,  special  or  other  funds; and (4) a schedule of its bonds and   notes outstanding at the  end  of  its  fiscal  year,  together  with  a   statement of the amounts redeemed and incurred during such fiscal year.2.  The agency shall provide the commissioner of housing and community   renewal, on  a  timely  basis,  with  the  data  and  other  information   necessary  to compile the report or reports required pursuant to section   twenty of the public housing law.* NB Effective until July 23, 2021* § 56. Annual report. The agency shall submit to  the  governor,  the   chairman  of  the senate finance committee, the chairman of the assembly   ways and means committee, the comptroller and the director of the budget   within ninety days after the end of its  fiscal  year,  a  complete  and   detailed  report  setting forth: (1) its operations and accomplishments;   (2) its receipts and expenditures during such fiscal year in  accordance   with the categories or classifications established by the agency for its   operating  and  capital  outlay  purposes,  including  a  listing of all   private consultants engaged by the agency on  a  contract  basis  and  a   statement  of the total amount paid to each such private consultant; (3)   its assets and liabilities at the end of its fiscal  year,  including  a   schedule  of  its  mortgage  loans  and  commitments  and  the status of   reserve, special or other funds; and (4) a schedule  of  its  bonds  and   notes  outstanding  at  the  end  of  its  fiscal  year, together with a   statement of the amounts redeemed and incurred during such fiscal year.* NB Effective July 23, 2021
NY Priv Hous Fin L § 56-A (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 56-A - Indemnification of Members, Officers and Employees.

§  56-a. Indemnification of members, officers and employees. The state   shall save harmless and indemnify the respective members,  officers  and   employees  of  the  agency  and  its subsidiary corporations pursuant to   section seventeen of the public officers law against any claim,  demand,   suit or judgment arising by reason of any act or omission to act by such   member, officer or employee occurring in the discharge of his duties and   within  the  scope  of  his  service  on  behalf  of  the  agency or its   subsidiary corporations. In the event of  any  claim,  demand,  suit  or   judgment  based  on allegations that financial loss was sustained by any   person in connection with the acquisition,  disposition  or  holding  of   notes,  bonds  or  other obligations of the agency, a member, officer or   employee  of  the  agency  shall  be  saved  harmless  and   indemnified   notwithstanding  any  limitations  contained  in such section seventeen,   unless such individual is found by a final judicial determination not to   have acted, in good faith, for a purpose which he reasonably believed to   be in the best interests of the agency or not  to  have  had  reasonable   cause  to  believe that his conduct was lawful. All of the provisions of   section seventeen of the public officers law which are not  inconsistent   with  this section shall apply to the members, officers and employees of   the agency or its  subsidiary  corporations,  including  the  provisions   relating  to  the  defense by the attorney general or private counsel of   any civil action and the payment of legal costs incurred  in  connection   with  the defense of any such action. Any member, officer or employee of   the agency or its subsidiary corporations seeking to be  saved  harmless   or indemnified or to claim any other benefits available pursuant to this   section  or  section  seventeen  of the public officers law shall comply   with the procedural requirements of such section seventeen. As  used  in   this  section the terms "member", "officer" and "employee" shall include   a former member, officer or employee, his estate or judicially appointed   personal representative.
NY Priv Hous Fin L § 57 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 57 - Insured Mortgage Reserve Fund.

§  57.  Insured  mortgage reserve fund. 1. The agency shall create and   establish a special fund, to be known as the  insured  mortgage  reserve   fund,  and  shall  pay  into  such fund all monies appropriated and made   available by the state for the purposes  of  such  fund  and  any  other   monies  from  any other source or sources available therefor. The monies   held in such fund shall be used (1) to  meet  the  agency's  obligations   under  an  agreement with the federal government pursuant to subdivision   twenty-eight of section forty-four of this  article,  (2)  to  meet  the   agency's  obligations  to  pay  the  principal  of and interest on notes   issued for the purpose of making a mortgage  loan  to  a  company  which   mortgage  loan  or  a  subsequent mortgage loan to such company has been   insured by the federal government, only however to the extent  that  all   other  revenues  of  the  agency,  including  the  proceeds of any sale,   assignment or other disposition  of  a  mortgage  loan  insured  by  the   federal  government,  available  for such purposes are not sufficient to   meet such obligations of the agency, (3) to establish escrow accounts as   may be required by  the  federal  government  as  a  condition  for  the   issuance of mortgage insurance, (4) to pay for installation of such life   safety  devices  as  may  be  required  by  the federal government which   devices are in addition to and not in substitution for  any  requirement   heretofore  imposed on the company, and (5) to pay closing costs arising   out of the company's  obtaining  mortgage  insurance  from  the  federal   government.  Any  income  or  interest  earned  by,  or increment to the   insured mortgage reserve  fund  may  be  used  for  authorized  purposes   including,  but  not limited to, the addition of such income or interest   earned, or increment to the monies held in such fund  for  the  purposes   herein provided, the repayment of appropriation expenditures made to the   credit  of  such  fund, or to secure the payment of the principal of and   interest on notes or revenue housing bonds.  Any portion of  the  monies   held  in  such  fund  shall,  if  the federal government so requires, be   segregated from any other portion thereof and applied solely to meet the   agency's obligations under any agreement made  pursuant  to  subdivision   twenty-eight   of  section  forty-four,  provided  that  the  amount  so   segregated shall not  exceed  the  maximum  obligation  under  any  such   contract or contracts.
NY Priv Hous Fin L § 58 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 58 - Special Revenue Housing Coverage Reserve Funds.

§  58.  Special revenue housing coverage reserve funds. The agency may   create and establish one or more special funds to be  known  as  special   revenue  housing  coverage  reserve  funds and may pay into such reserve   funds any monies appropriated and made available by the  state  for  the   purpose  of  such funds and any other monies which may be made available   to the agency for the purposes of such funds from any  other  source  or   sources.  The  monies  held  in  or credited to any such fund, except as   hereinafter provided, shall be  used  solely  for  the  payment  of  the   principal  of  or  interest  on  the revenue housing bonds of the agency   secured by such fund as the same shall become due, whether  at  maturity   or  upon  call  for  redemption,  and  for the payment of any redemption   premium required to be paid  when  such  bonds  are  redeemed  prior  to   maturity.  Any  income  or  interest earned by, or increment to any such   special revenue housing coverage reserve fund may be used for authorized   purposes including, but not limited to, the addition of such  income  or   interest  earned,  or  increment to the monies held in such fund for the   purposes herein provided, or the repayment of appropriation expenditures   made to the credit of such fund.
NY Priv Hous Fin L § 59 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59 - Bond Reserve Insurance Fund.

§  59.  Bond  reserve  insurance  fund.  The  agency  shall create and   establish a special fund, to be known as the bond reserve insurance fund   and shall pay into such fund all monies appropriated and made  available   by  the  state  for the purposes of such fund and any other monies which   may be made available to the agency for the purposes of such  fund  from   any  other  source  or  sources.    All  monies held in the bond reserve   insurance fund shall  be  used  by  the  agency  to  meet  the  agency's   obligation  to  repay  principal  and interest on its outstanding bonds,   solely to the extent all other revenues of the agency available for such   purposes are not sufficient to meet such obligations of the agency.  Any   income or interest earned by, or increment to the bond reserve insurance   fund may be used for authorized purposes including, but not limited  to,   the  addition  of  such  income  or interest earned, or increment to the   monies held in such fund  for  the  purposes  herein  provided,  or  the   repayment of appropriation expenditures made to the credit of such fund.
NY Priv Hous Fin L § 59-A (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-A - Housing Trust Fund Account.

§ 59-a. Housing trust fund account. The housing trust fund corporation   created  by  section  forty-five-a  of  this  chapter  shall  create and   establish a special account to  be  known  as  the  housing  trust  fund   account  and  shall  pay  into such account any moneys which may be made   available to such corporation for the purposes of such account from  any   source  including  but  not  limited  to moneys appropriated by and made   available pursuant to appropriation by  the  state  and  any  income  or   interest  earned  by, or increment to, the account due to the investment   thereof or loans made pursuant to article eighteen of this chapter.  The   moneys held in or credited to the housing trust fund account established   under  this section shall be expended solely to carry out the provisions   of article eighteen of this chapter.
NY Priv Hous Fin L § 59-B (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-B - Affordable Housing Development Account.

§ 59-b. Affordable housing development account. The affordable housing   corporation created by section forty-five-b of this chapter shall create   and  establish  a  special account to be known as the affordable housing   development account and shall pay into such account any moneys which may   be made available to such corporation for the purposes of  such  account   from  any source including but not limited to moneys appropriated by and   made available pursuant to appropriation by the state and any income  or   interest  earned  by, or increment to, the account due to the investment   thereof or loans made pursuant to article nineteen of this chapter.  The   moneys held in or credited to the affordable housing development account   established under this section shall be expended solely to carry out the   provisions of article nineteen of this chapter.
NY Priv Hous Fin L § 59-D (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-D - Turnkey/enhanced Housing Account.

§  59-d.  Turnkey/enhanced  housing  account.  The  housing trust fund   corporation created by section forty-five-a of this article shall create   and establish a special account to be  known  as  the  "turnkey/enhanced   housing account" and shall pay into such account any moneys which may be   made available to such corporation for the purposes of such account from   any  source including but not limited to moneys appropriated by and made   available pursuant to appropriation by  the  state  and  any  income  or   interest  earned  by, or increment to, the account due to the investment   thereof or loans made from the account pursuant to article eighteen-A of   this chapter. The moneys held in or  credited  to  the  turnkey/enhanced   housing  account established under this section shall be expended solely   to carry out the provisions of  and  to  pay  expenses  associated  with   article eighteen-A of this chapter.
NY Priv Hous Fin L § 59-E (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-E - Infrastructure Development Fund.

§  59-e.  Infrastructure development fund. The agency shall create and   establish a special fund to be known as the "infrastructure  development   fund"  and  shall  pay  into  such  fund  any  moneys  which may be made   available to the corporation for the purposes  of  such  fund  from  any   source,  including  but  not  limited to moneys appropriated by and made   available pursuant to appropriation by  the  state  and  any  income  or   interest  earned  by,  or  increment  to, the fund due to the investment   thereof. The moneys held in or credited to the fund  shall  be  expended   solely  to  carry  out  the provisions of and to pay expenses associated   with article twenty-one of this chapter.
NY Priv Hous Fin L § 59-G (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-G - Permanent Housing for Homeless Families Fund.

§ 59-g. Permanent housing for homeless families fund. The agency shall   create  and  establish  a  special  fund  to  be known as the "permanent   housing for homeless families fund" and shall pay  into  such  fund  any   moneys  which  may  be  made available to the agency for the purposes of   such  fund  from  any  source,  including  but  not  limited  to  moneys   appropriated  by  and  made  available  pursuant to appropriation by the   state and moneys made available by  cities  with  a  population  of  one   million  or  more and any income or interest earned by, or increment to,   the fund due to the investment thereof. The moneys held in  or  credited   to  the fund shall be expended solely to carry out the provisions of and   to pay expenses associated with article three-A of this chapter.
NY Priv Hous Fin L § 59-H (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-H - Manufactured Home Cooperative Fund.

§  59-h.  Manufactured home cooperative fund.  The agency shall create   and establish a special fund  to  be  known  as  the  manufactured  home   cooperative  fund  and  shall pay into such fund any moneys which may be   made available to such agency for the purposes of  such  fund  from  any   source  including  but  not  limited  to moneys appropriated by and made   available pursuant  to  appropriation  by  the  state,  civil  penalties   imposed pursuant to subdivision v of section two hundred thirty-three of   the  real  property  law  and  any income or loan repayments or interest   earned by, or increment to, the fund due to the  investment  thereof  or   loans  made  pursuant to article twenty of this chapter. The moneys held   in or credited to the manufactured  home  cooperative  fund  established   under  this section shall be expended solely to carry out the provisions   of article twenty of this chapter.
NY Priv Hous Fin L § 59-I (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 59-I - Homeless Housing and Assistance Account.

§  59-i. Homeless housing and assistance account. The homeless housing   and assistance corporation  created  by  section  forty-five-c  of  this   chapter  shall create and establish a special account to be known as the   homeless housing and assistance account and shall pay into such  account   any  moneys  which  may  be  made  available to such corporation for the   purposes of such account from any source including but  not  limited  to   moneys  appropriated  by and made available pursuant to appropriation by   the state and any income or interest earned by,  or  increment  to,  the   account due to the investment thereof. The moneys held in or credited to   the  homeless  housing  and  assistance  account  established under this   section shall be expended solely to carry out the  provisions  of  title   one of article two-A of the social services law.
NY Priv Hous Fin L § 61 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 61 - Inconsistent Provisions in Other Laws Superseded.

§ 61. Inconsistent provisions in other laws superseded. Insofar as the   provisions  of  this article are inconsistent with the provisions of any   other law, general, special or local, the  provisions  of  this  article   shall be controlling.
NY Priv Hous Fin L § 61-A (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 61-A - Actions.

§  61-a.  Actions. Except in an action for wrongful death, in any case   founded upon tort a notice of claim shall be  required  as  a  condition   precedent to the commencement of an action or special proceeding against   the  agency,  any  of  its  subsidiary  corporations,  or  any  officer,   appointee or employee thereof, and the provisions of section fifty-e  of   the  general  municipal  law  shall govern the giving of such notice. No   such action shall be commenced more than one year and ninety days  after   the  cause of action therefor shall have accrued. An action for wrongful   death shall be commenced in accordance with the notice of claim and time   limitation provisions of title eleven of  article  nine  of  the  public   authorities law.
NY Priv Hous Fin L § 62 (2021)
2021 New York Laws PVH - Private Housing Finance Article 3 - New York State Housing Finance Agency 62 - Article Not Affected if in Part Unconstitutional.

§  62.  Article  not  affected  if  in  part  unconstitutional. If any   section, subdivision, paragraph, sentence, clause or provision  of  this   article shall be unconstitutional or be ineffective in whole or in part,   to  the  extent that it is not unconstitutional or ineffective, it shall   be valid and effective and no  other  section,  subdivision,  paragraph,   sentence, clause or provision shall on account thereof be deemed invalid   or ineffective.