reglab/statecodes huggingface dataset:
2023 New York Laws › PVH - Private Housing Finance › Article 15 - Participation Loans to Owners of Multiple Dwellings by Private Investors and Municipalities Utilizing Federal Grant Funds › 805 - Participation of New York City Housing Development Corporation.

§ 805. Participation of New York city housing development corporation.
  The  New  York city housing development corporation may participate with
  one or more private investors or with the city of New York or with  both
  in  making a loan pursuant to the provisions of this article. Where such
  corporation participates in making such a loan, the term municipality as
  used in this article shall include such corporation with respect to such
  participation.
2023 New York Laws › PVH - Private Housing Finance › Article 16 - Neighborhood Preservation Companies › 905 - Periodic Review of Contract Performance; Renegotiation and Termination of Contract.

§  905.  Periodic  review  of  contract performance; renegotiation and
  termination of  contract.  1.  The  division  shall,  by  regulation  as
  hereinafter  provided,  provide for formal evaluation of the performance
  of a company to determine  its  progress  in  achieving  the  objectives
  outlined  in  the annual neighborhood preservation plan contained in its
  contract with the division. Such evaluation shall include  a  review  of
  the efforts of the company to execute each of the components of its plan
  and  a  consultation  between the company and the division regarding the
  findings of the division relative to  performance.  The  division  shall
  provide  or  cause  to be provided technical assistance determined to be
  necessary by the division to improve  the  ability  of  the  company  to
  execute  each  of  the  components  of  its  plan.  Such  evaluation and
  determination of the need for technical assistance  shall  consider  the
  financial  and  staff  resources of the company for the period evaluated
  and  any  special  considerations  which  may  have  had  an  impact  on
  performance during the period.
2.  If  the division determines that a company has not made sufficient
  progress toward achieving the  objectives  of  its  annual  neighborhood
  preservation  plan  the  division  shall  conduct a site visit to review
  these findings and, if warranted, shall place the company on probation.
3. The division shall terminate or not renew or not extend a  contract
  in accordance with provisions of subdivision six of section nine hundred
  three   of   this  article  if  the  commissioner  determines  that  the
  performance  of  a  company  is  not  sufficient  to   merit   continued
  participation in the program.
4.  Notwithstanding  the foregoing, the commissioner may terminate any
  contract  upon  a  finding  of  substantial  non-compliance   or   other
  substantial breach of the contract.
2023 New York Laws › PVH - Private Housing Finance › Article 16 - Neighborhood Preservation Companies › 907 - Rules and Regulations to Be Promulgated by the Commissioner.

§  907.  Rules  and regulations to be promulgated by the commissioner.
  The commissioner shall issue and promulgate rules  and  regulations  for
  the  administration  of  this article, which rules and regulations shall
  include  provisions  concerning  requirements  as  to  eligibility   for
  contracting   with  the  commissioner;  the  form  of  applications  for
  contracts;  supervision  and  evaluation  of  neighborhood  preservation
  companies  including  standards  and performance criteria for continued,
  increased  or  decreased  funding  to  insure  the  companies  meet  the
  objectives  of  this  article  and  the  objectives  outlined  in  their
  neighborhood preservation plans; reporting, budgeting and record keeping
  requirements; provisions for renegotiation,  modification,  termination,
  extension  and  renewal of contracts, which provisions shall include the
  bases for funding increases from the preceding contract  including,  but
  not  be  limited  to,  performance  which  exceeds  minimum  performance
  criteria and provisions  for  probationary  periods  where  appropriate;
  provisions   for  technical  services  and  assistance  to  neighborhood
  preservation  companies  within  the  limits   of   available   funding;
  protection  of the interests of tenants in buildings owned or managed by
  neighborhood  preservation  companies;  and  such  other   matters   not
  inconsistent  with  the  purposes  and provisions of this article as the
  commissioner shall deem necessary, proper or appropriate. Such rules and
  regulations  shall  prohibit  any  neighborhood   preservation   company
  receiving  funds  under  contracts entered into pursuant to this article
  (i) from engaging in any activities promoting any political candidate or
  party or (ii) from expending any such funds in activities the purpose of
  which is to influence legislation.
2023 New York Laws › PVH - Private Housing Finance › Article 16 - Neighborhood Preservation Companies › 908 - Applicability of Other Laws to Neighborhood Preservation Companies.

§  908.  Applicability  of  other  laws  to  neighborhood preservation
  companies.   Nothing contained  in  this  article  shall  be  deemed  or
  construed  to  prevent  or deny to any neighborhood preservation company
  the opportunity to qualify as  a  developer,  sponsor,  owner  or  other
  participant  in  accordance  with  the provisions of any article of this
  chapter, or pursuant to any other law of the state or  to  deny  to  any
  such  company  the  privileges  or immunities of any other provisions of
  this chapter or other  law,  nor  shall  any  neighborhood  preservation
  company  be precluded from organizing or causing to be organized or from
  acquiring any  other  corporation  for  the  purpose  of  conducting  or
  carrying  out  any  project, program or service authorized by any law of
  the state.
2023 New York Laws › PVH - Private Housing Finance › Article 16 - Neighborhood Preservation Companies › 909 - Annual Report.

§  909.  Annual  report. The commissioner shall, on or before December
  thirty-first in each year submit a report  to  the  legislature  on  the
  implementation  of  this  article. Such report shall include, but not be
  limited to, for each company receiving payments under  this  article:  a
  description  of such company's contract amount and cumulative total; the
  specific neighborhood preservation activities performed by such company;
  the findings required by  the  commissioner  under  subdivision  two  of
  section  nine  hundred  three  of  this  article;  the amounts of monies
  received by the company from sources other than payments  made  pursuant
  to  this  article; the value of services rendered for the benefit of the
  company for which payment is not required to be  made;  and  such  other
  information as the commissioner deems appropriate.
2023 New York Laws › PVH - Private Housing Finance › Article 16 - Neighborhood Preservation Companies › 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  contracts,  pursuant  to
  section   nine   hundred   three  of  this  article,  with  neighborhood
  preservation companies located in areas of the state that are  currently
  unserved by a neighborhood preservation company.
2023 New York Laws › PVH - Private Housing Finance › Article 16-A - Urban Initiatives › 920 - Statement of Legislative Findings and Purpose.

§  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   organizations   and   charitable
  organizations  that  have  a  direct  interest  in improving the health,
  safety and economic viability of a  distressed  urban  neighborhood  can
  play  a  crucial  role in such revitalization; the legislature therefore
  finds that a  program  should  be  established  to  fund  not-for-profit
  community-based  organizations  and  charitable organizations to improve
  distressed urban neighborhoods by  preserving  existing  housing  units,
  generating new housing units, upgrading commercial and retail areas, and
  by   creating   innovative  approaches  to  neighborhood  and  community
  revitalization which  improve  cultural  and  community  facilities  and
  spirit.
2023 New York Laws › PVH - Private Housing Finance › Article 16-A - Urban Initiatives › 921 - Definitions.

§ 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 is either incorporated under the  not-for-profit  corporation  law
  (or   such   law   together  with  any  other  applicable  law)  or,  if
  unincorporated, is not organized for the private profit  or  benefit  of
  its  members  and  has  been engaged primarily in community preservation
  activities.
4. "Municipality" shall mean any unit of local government  within  the
  state with a population of more than twenty thousand persons.
5.   "Neighborhood"   shall  mean  an  area  within  the  municipality
  identified by recognized or established  boundaries  consistent  with  a
  determination  of neighborhood eligibility under article sixteen of this
  chapter.
6. "Urban initiatives projects" or "projects" shall  mean  a  specific
  work  or  series  of  works  for the revitalization and improvement of a
  neighborhood  through   creation,   preservation   or   improvement   of
  residential   housing   units;  preservation  or  improvement  of  local
  commercial facilities and public facilities or other aspects of the area
  environment  which  include  as  part  of  its  project  the   creation,
  preservation or improvement of residential housing units.
7. "Persons of low income" shall mean those persons and families whose
  incomes  do  not  exceed  eighty  percent  of  the median income for the
  metropolitan statistical area in which a project is located.
8.  "Corporation"  shall  mean  the  housing  trust  fund  corporation
  established in section forty-five-a of this chapter.
9.  "Division  urban  initiatives  program"  shall  mean  the  program
  heretofore administered by the division pursuant to  appropriations  and
  reappropriations for the purposes of urban initiatives programs.
2023 New York Laws › PVH - Private Housing Finance › Article 16-A - Urban Initiatives › 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;
  reporting, budgeting and  record-keeping  requirements;  provisions  for
  modification  and  termination  of contracts; and such other matters not
  inconsistent with the purposes and provisions of  this  article  as  the
  corporation shall deem necessary or appropriate.
2.   The  corporation  shall  provide  for  the  review,  at  periodic
  intervals, of the performance of  the  not-for-profit  corporations  and
  charitable organizations receiving financial assistance pursuant to this
  article.  Such  review shall, among other things, be for the purposes of
  ascertaining  conformity  to  contractual  provisions,   the   financial
  integrity  and efficiency of the organizations and the evaluation of the
  project.
2023 New York Laws › PVH - Private Housing Finance › Article 16-A - Urban Initiatives › 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  shall  provide  for the orderly transfer of all
  matters, records and things relating to such program to the corporation.
2. Notwithstanding the provisions of any general or special  law,  the
  director  of  the  budget  is  authorized to transfer to the corporation
  funds otherwise appropriated or reappropriated for the purposes  of  the
  division  urban  initiatives  program  from  the division of housing and
  community renewal.
3. All rules, regulations, acts, determinations and decisions  of  the
  division  or  the commissioner with respect to the administration of the
  division urban initiatives program in force on  the  effective  date  of
  this  section  shall continue in force and effect as rules, regulations,
  acts,  determinations  and  decisions  of  the  corporation  until  duly
  modified or rescinded by the corporation.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 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 need for increased attention to  housing  preservation  and  community
  revitalization in such areas.  Meeting the housing and community renewal
  needs of rural areas entails special problems arising from the dispersal
  of population over wide areas, the existence of substandard areas in the
  form  of  small,  often isolated, pockets of poverty rather than massive
  concentrations, the extremely limited resources of the  small  units  of
  local government involved, and other characteristics of these areas.
Locally  based not-for-profit organizations can play a crucial role in
  housing preservation and community revitalization. The public policy  of
  support  for  such  organizations  embodied  in  article sixteen of this
  chapter, and the legislative findings set forth  in  such  article,  are
  hereby reaffirmed. The legislature further finds and determines that the
  needs  of  rural  areas  and  of  existing  and potential not-for-profit
  organizations serving such areas will  be  best  met  by  a  program  of
  support  for  such organizations and their activities similar to that in
  article  sixteen  of  this  chapter  but  recognizing  the   distinctive
  characteristics  of  such  areas.  It  is the purpose of this article to
  establish such a program within the division of  housing  and  community
  renewal.
It  is  further declared to be the public policy of the state that all
  programs  of  housing  and  community  assistance  administered  by  the
  division  of  housing  and community renewal or other agencies should be
  carried out with due regard for the special conditions in and  needs  of
  the rural areas of the state.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 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
  having a population of less than twenty-five thousand.
4. "Region" shall mean those portions of the rural area of the  state,
  as  specified  in  the  contract  entered into pursuant to this article,
  within which housing and community renewal  activities  funded  in  part
  pursuant to this article are to be carried out.
5. "Housing preservation and community renewal activities" include (a)
  the  new  construction  or  the  acquisition, maintenance, preservation,
  repair, rehabilitation  or  other  improvement  of  vacant  or  occupied
  housing accommodations; demolition or sealing of vacant structures where
  necessary  or  appropriate;  disposition  of  housing  accommodations to
  present or potential occupants or co-operative  organizations;  training
  or  other  forms  of  assistance to occupants of housing accommodations;
  administration of landlord training classes; and management  of  housing
  accommodations  as  agent  for  the owners, receivers, administrators or
  municipalities; (b) activities, similar to those specified in  paragraph
  (a)  of  this  subdivision,  aimed at accomplishing similar purposes and
  meeting similar needs with respect to retail and service  establishments
  within  a region when carried out in connection with and incidental to a
  program of housing related activities.
6. "Persons of low income" shall mean individuals and  families  whose
  annual incomes do not exceed ninety per cent of the median annual income
  for  all  residents  of  the region within which they reside or a larger
  area encompassing such region for which  median  annual  income  can  be
  determined.
7.  "Merged  corporation"  shall  mean  a  not-for-profit  corporation
  maintaining a contract pursuant to section one thousand  three  of  this
  article   that   has   undergone   a  merger  with  one  or  more  other
  not-for-profit  corporation,  which  is  also  maintaining  a   contract
  pursuant to section one thousand three of this article, that has led the
  merged  corporations  to reduce the number of contracts being maintained
  with the division pursuant to section one thousand three of this article
  to a total of one.
8. "Unmerged corporation" shall mean a not-for-profit corporation that
  is not a merged corporation.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1005 - Enforcement of Standards for Contract Performance.

§  1005.  Enforcement  of  standards for contract performance. 1.  The
  division shall by  regulation  provide  for  formal  evaluation  of  the
  performance  of a corporation to determine its progress in achieving the
  objectives outlined in the annual  housing  preservation  and  community
  renewal   plan  contained  in  its  contract  with  the  division.  Such
  evaluation shall include a review of the efforts of the  corporation  to
  execute  each  of  the components of its plan and a consultation between
  the corporation and the division regarding the findings of the  division
  relative  to  performance.  The  division  shall  provide or cause to be
  provided technical assistance determined to be necessary by the division
  to improve the ability  of  the  corporation  to  execute  each  of  the
  components  of  its  plan. Such evaluation and determination of the need
  for  technical  assistance  shall  consider  the  financial  and   staff
  resources  of  the  corporation for the period evaluated and any special
  considerations which may have had an impact on  performance  during  the
  period.
2.  If  the  division  determines  that  a  corporation  has  not made
  sufficient progress  toward  achieving  the  objectives  of  its  annual
  housing  preservation  and  community  renewal  plan  the division shall
  conduct a site visit to review these findings and, if  warranted,  shall
  place the corporation on probation.
3.  The division shall terminate or not renew or not extend a contract
  in accordance with  provisions  of  subdivision  seven  of  section  one
  thousand  three  of this article if the commissioner determines that the
  performance of a  corporation  is  not  sufficient  to  merit  continued
  participation in the program.
4.  Notwithstanding  the foregoing, the commissioner may terminate any
  contract  upon  a  finding  of  substantial  non-compliance   or   other
  substantial breach of the contract.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1006 - Technical Services and Assistance to Corporations and Rural Areas.

§  1006.  Technical  services and assistance to corporations and rural
  areas. 1. In accordance with the policy of this  article,  the  division
  shall  encourage  the  creation,  development  and  strengthening of new
  not-for-profit  corporations  to  perform   housing   preservation   and
  community  renewal  activities  in  the rural areas of the state, and is
  authorized to take all steps necessary to that end. The  division  shall
  provide technical services and assistance to not-for-profit corporations
  seeking  to serve the housing or community renewal needs of rural areas,
  to better enable such corporations to  meet  the  requirements  of,  and
  obtain  funding  under this article or any other program of governmental
  assistance, federal, state or local, to  carry  out  their  present  and
  proposed activities, and otherwise to further the purposes and policy of
  this  article.  Such services and assistance may be provided through the
  division's own personnel and facilities, through  contractual  services,
  or otherwise.
2.  The  affordable  housing  corporation  or  the  housing trust fund
  corporation, as the case may be, shall provide  an  incentive  grant  to
  each corporation that is awarded a contract pursuant to article eighteen
  or  nineteen of this chapter. Such incentive grants shall consist of the
  payment of an additional sum of money equal  to  three  percent  of  the
  amount  payable  to such corporation 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 housing preservation and community renewal activities related to such
  contract and shall not be subject to the limitation  on  the  amount  of
  funds  which  may  be  received by corporations contained in subdivision
  four of section one thousand 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.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1007 - Rules and Regulations.

§  1007. Rules and regulations. The commissioner shall issue rules and
  regulations for the administration  of  this  article.  Such  rules  and
  regulations  shall  include  provisions  concerning  requirements  as to
  eligibility  for  contracting  with  the  commissioner;  the   form   of
  applications  for  contracts; supervision and evaluation of corporations
  which contract with the commissioner including standards and performance
  criteria for continued, increased or decreased  funding  to  insure  the
  corporations  meet  the  objectives  of  this article and the objectives
  outlined in their housing  preservation  and  community  renewal  plans;
  reporting,  budgeting  and  record  keeping requirements; provisions for
  renegotiation,  modification,  termination,  extension  and  renewal  of
  contracts,   which  provisions  shall  include  the  bases  for  funding
  increases from the preceding contract including, but not be limited  to,
  performance  which  exceeds  minimum performance criteria and provisions
  for probationary periods where  appropriate;  provisions  for  technical
  services  and  assistance  to  such  corporations  within  the limits of
  available funding; protection of the interests of tenants  in  buildings
  owned  or  managed by such corporations; and may include any provisions,
  not inconsistent with the provisions of this article or other applicable
  law, which the commissioner deems necessary or appropriate to carry  out
  the  policy  and  purposes  of  this article. Such rules and regulations
  shall prohibit any corporation receiving funds under  contracts  entered
  into  pursuant  to  this  article  (i)  from  engaging in any activities
  promoting any political candidate or party or (ii)  from  expending  any
  such   funds  in  activities  the  purpose  of  which  is  to  influence
  legislation.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1008 - Relationship to Other Laws.

§  1008.  Relationship to other laws. Nothing in this article shall be
  deemed to deny or limit the right of any corporation to seek or  receive
  assistance  under,  or  otherwise  participate  in,  any  other  program
  pursuant to this chapter, or any other governmental program relating  to
  housing or community renewal. Nothing in this article shall be deemed to
  deny  or  limit the right of any corporation to carry out any program or
  service through a subsidiary corporation or other instrumentality.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1009 - Annual Report.

§  1009.  Annual report. The commissioner shall, on or before December
  thirty-first in each year submit a report  to  the  legislature  on  the
  implementation  of  this  article. Such report shall include, but not be
  limited to, for each company receiving payments under  this  article:  a
  description  of such company's contract amount and cumulative total; the
  specific housing and community preservation activities  in  rural  areas
  performed  by  such  company;  the findings required by the commissioner
  under subdivision two of section one thousand three of this article; the
  amounts of monies received  by  the  company  from  sources  other  than
  payments  made  pursuant to this article; the value of services rendered
  for the benefit of the company for which payment is not required  to  be
  made; and such other information as the commissioner deems appropriate.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1010 - Rural Aging Services.

§  1010.  Rural  aging  services.  Housing  preservation and community
  renewal activities which are otherwise eligible under  subdivision  five
  of  section one thousand two of this article, but which are or have been
  funded under the rural aging services program operated  jointly  by  the
  division and the state office for the aging, shall not be subject to the
  limitation  on the amount of funds which may be received by corporations
  contained in subdivision four of section  one  thousand  three  of  this
  article.  All  provisions  otherwise  applicable to funds received under
  section one thousand three of this article shall  also  apply  to  funds
  received under this section.
2023 New York Laws › PVH - Private Housing Finance › Article 17 - Housing and Community Preservation in Rural Areas › 1011 - Merged Company Savings Fund.

§  1011. Merged company savings fund. The division shall create a fund
  to hold and shall transfer all funds determined to be merged corporation
  savings pursuant to paragraph (d) of subdivision  five  of  section  one
  thousand  four  of  this  article into such fund. The division shall use
  such funds, as available, for entering into new contracts,  pursuant  to
  section   one  thousand  three  of  this  article,  with  not-for-profit
  corporations located in areas of the state that are  currently  unserved
  by  a not-for-profit corporation that is maintaining a contract pursuant
  to section one thousand three of this article.
2023 New York Laws › PVH - Private Housing Finance › Article 17-A - Rental Assistance Program for Rural Areas › 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
  housing in rural areas. Elderly persons are frequently forced to  choose
  between  continuing to live in homes which have become too large to care
  for and use  well  or  leaving  their  communities  to  live  elsewhere.
  Families, particularly those just beginning, are often faced with either
  substandard,  unsafe  housing,  living  with  relatives  in  overcrowded
  conditions,  or  leaving  their  communities.  The  ensuing  social  and
  economic   disruption  has  profoundly  adverse  effects  on  the  rural
  communities as well as the residents.
Numerous  housing  programs  have  been  initiated  by   the   federal
  government  to  provide  housing  for  those of low income. For the most
  part, these programs have  worked  best  in  areas  of  high  population
  density,  thus effectively, although unintentionally, failing to fulfill
  their intent in rural areas.
The legislature further finds that locally based housing providers can
  effectively serve the needs of low and moderate income persons in  rural
  areas.  Their  efforts  have  been  severely  limited,  however,  by the
  contemporary high cost of financing, inflation and massive  retrenchment
  in federal housing assistance programs.
The  legislature  further  finds it to be in the best interests of the
  people of New York state to assist local housing  providers  in  meeting
  the  needs  of  low  income  occupants  in  rural areas by supplementing
  federal assistance programs with a program of  state  rental  assistance
  payments similar to the federal Farmer's Home Administration Program.
2023 New York Laws › PVH - Private Housing Finance › Article 17-A - Rental Assistance Program for Rural Areas › 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 Act
  of 1949.
2. "Eligible sponsor" means either a corporation organized pursuant to
  the not-for-profit  corporation  law,  a  public  housing  authority  as
  defined  pursuant  to  subdivision  two  of  section three of the public
  housing law, or an eligible borrower as defined in Title V of the United
  States Housing Act of 1949.
3. "Eligible project" means a housing project located in a rural  area
  which  is  to  be owned or operated by an eligible sponsor and which has
  received (or which the sponsor has demonstrated to the  satisfaction  of
  the commissioner will receive) federal assistance.
2023 New York Laws › PVH - Private Housing Finance › Article 17-A - Rental Assistance Program for Rural Areas › 1023 - Rural Housing Assistance Contracts.

§  1023.  Rural  housing assistance contracts. 1. The commissioner may
  enter into contracts  with  eligible  sponsors  for  the  provision,  in
  eligible  projects, of housing for persons of low income. Such contracts
  shall provide for the payment by the division to the sponsor of periodic
  rental assistance payments with respect to  the  housing  accommodations
  occupied by such persons.
2.  Such  contracts  may, subject to the availability of moneys in the
  rural housing assistance fund, commit the division to make such payments
  for a period of up to five years from the  date  of  completion  of  the
  eligible project. Any such contract shall provide that the sponsor shall
  not  withdraw the project, or any units therein, from the program during
  such period except for good cause as provided  therein.  Notwithstanding
  any  provision of this chapter, all contracts shall terminate after five
  years or when the actual dollar amount as stipulated in the contract has
  been expended, whichever is sooner.  For  any  application  for  such  a
  contract  under  this  article, the division shall provide the applicant
  with a list of conditions that must be met  prior  to  entering  into  a
  contract  pursuant  to  this  article.  Within  fifteen  working days of
  receipt by the division of all documents in satisfaction  of  the  list,
  the   division   shall  notify  the  applicant  of  the  sufficiency  or
  insufficiency of the documents. After satisfaction by the  applicant  of
  all  conditions  required  by  the  division  prior  to  entering into a
  contract the division shall enter into the  contract  within  forty-five
  working days of satisfaction of such conditions.
2023 New York Laws › PVH - Private Housing Finance › Article 17-A - Rental Assistance Program for Rural Areas › 1024 - Payments Pursuant to Contracts.

§  1024.  Payments  pursuant  to  contracts. 1. Payments shall be made
  monthly or on such other periodic  basis  as  may  be  provided  in  the
  contract.  Each  such  payment shall equal, for each unit in the project
  covered by  the  contract,  the  difference  between  the  project  rent
  established  pursuant  to subdivision two of this section and the tenant
  rent payment established pursuant to subdivision three of this section.
2. The project rent shall be: (a) in the case  of  a  housing  company
  regulated  by  the  state  pursuant to this chapter, the current maximum
  lawful rent for the unit; (b) in the case of a housing company regulated
  by a municipality pursuant to this chapter, the current  maximum  lawful
  rent for the unit, subject to such additional limitations and conditions
  as the commissioner may prescribe by contract; or (c) in the case of any
  other  sponsor,  the rent established or approved by the commissioner as
  prescribed in the contract.
3. The tenant rent payment shall be an amount computed pursuant to the
  regulations of the commissioner, which  regulations  shall  prescribe  a
  formula  substantially  similar  to  that currently provided pursuant to
  title five of the United States Housing Act of 1949, as amended.
2023 New York Laws › PVH - Private Housing Finance › Article 17-A - Rental Assistance Program for Rural Areas › 1025 - Administrative Provisions.

§  1025. Administrative provisions. 1. The commissioner shall provide,
  by regulations,  for  the  administration  of  the  provisions  of  this
  article.  Such  regulations  shall  include, but need not be limited to,
  provisions for operation of the project  by  the  sponsor  in  a  manner
  consistent with the intent of this article.
2. Every contract entered into pursuant to this article shall obligate
  the  sponsor  not to charge or collect from any tenant of a unit covered
  by such contract a rent higher than the tenant rent payment  established
  pursuant to section one thousand twenty-four of this article.
3.  Rental assistance payments pursuant to this article may be pledged
  by the sponsor in connection with the  financing  or  refinancing  of  a
  project,  subject to any conditions prescribed in the housing assistance
  contract, but no such pledge shall create any obligation or liability on
  the part of the state or any agency  or  instrumentality  thereof  other
  than that prescribed in the contract.
4.  Nothing  in this article shall prevent any sponsor from seeking or
  accepting any other form of governmental subsidy or assistance, but  any
  contract   pursuant  to  this  article  shall  provide  for  appropriate
  adjustments in the rental assistance  payments  to  reflect  such  other
  subsidy or assistance.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1051 - Legislative Findings and Statement of Policy.

§  1051. Legislative findings and statement of policy. The legislature
  hereby finds and declares that there exists  in  many  portions  of  the
  rural  areas  of  the  state  substantial  needs  for revitalization and
  improvement of housing and of local commercial and  service  facilities,
  and  for related community renewal activities. The findings set forth in
  article seventeen of this chapter, with respect to the special needs and
  problems of such areas and the significant  potential  role  of  locally
  based  not-for-profit  organizations  in helping to meet such needs, are
  hereby reaffirmed. The legislature hereby determines that,  in  addition
  to the program of state support to help meet the administrative expenses
  of  such  organizations  under  article seventeen, a further public need
  exists for  state  funding  of  a  portion  of  the  costs  of  specific
  revitalization  projects  carried  out  by such groups and similar local
  organizations. It is the purpose of this article to encourage  community
  preservation  and  improvement  in  the  rural  area  of  the  state  by
  establishing a program of such funding.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1052 - Definitions.

§ 1052. Definitions. As used in this article:
(a)  all terms defined in article seventeen of this chapter shall have
the same meanings herein as specified therein; and
(b) the following terms shall have the following meanings:
(1) "rural area revitalization  project"  means  a  specific  work  or
series  of  works  for the revitalization and improvement of a region of
the  rural  area  of  the  state  through  creation,   preservation   or
improvement  of housing resources; creation, preservation or improvement
of local commercial facilities; restoration  or  improvement  of  public
facilities  or  other aspects of the area environment; related community
preservation or renewal activities; or any combination of the above.
(2) "qualified applicant" means  a  not-for-profit  corporation  under
contract  pursuant  to  article  seventeen  of this chapter or any other
locally based  organization  which  is  either  incorporated  under  the
not-for-profit  corporation  law  (or  such  law together with any other
applicable law) or, if unincorporated, is not organized for the  private
profit or benefit of its members.
(3) "Corporation" means the housing trust fund corporation established
in section forty-five-a of this chapter.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1053 - Contracts for Rural Area Revitalization Projects.

§  1053.  Contracts  for  rural  area  revitalization projects. 1. The
corporation may, in the name of the state,  enter  into  contracts  with
qualified  applicants  for  the performance of rural area revitalization
projects.
2. The corporation may enter into a contract pursuant to this  section
only if he determines that:
(a)  the  region  to  be  served is a portion of the rural area of the
state which is in need of revitalization and can benefit from a  program
carried out by one or more locally based groups.
(b)  the  applicant organization, or any predecessor organization, has
had appropriate experience in community preservation activities; that it
has, or shows that it can  acquire,  the  capability  and  expertise  to
undertake  successfully the proposed project; and that it is managed and
directed by  persons  representative  of  the  region  within  which  it
operates.
(c)  the  project  or  projects,  alone  or  in combination with other
proposed activities of the  applicant  or  others,  will  be  likely  to
contribute  in  a significant way towards the revitalization and general
community renewal of the region.
3. Each contract pursuant to this section shall provide for payment by
the corporation for the activities to be carried  out  pursuant  to  the
contract.  Such  payment  shall  be based on the projected costs of such
activities and the other sources of funding which may  be  available  to
the  applicant  (including,  if  applicable, funding pursuant to article
seventeen of this chapter) from any source. Up to  ten  percent  of  the
program  or  project  cost  may  be  used  for the qualified applicant's
operating expenses including expenses related to organization  operating
support  and  administration  of  the  contract. The total state payment
pursuant to any one contract  shall  not  exceed  two  hundred  thousand
dollars.
4.  The  contract shall provide for completion of the project within a
reasonable period, as specified therein, which shall not  in  any  event
exceed two years from its commencement.
5.  For  any  application  for such a contract under this article, the
corporation shall provide the applicant with a list of  conditions  that
must  be met prior to entering into a contract pursuant to this article.
Within fifteen working  days  of  receipt  by  the  corporation  of  all
documents  in satisfaction of the list, the corporation shall notify the
applicant of the sufficiency or insufficiency of  the  documents.  After
satisfaction  by  the  applicant  of  all  conditions  required  by  the
corporation prior to entering into  a  contract  the  corporation  shall
enter  into  the contract within forty-five working days of satisfaction
of such conditions.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1054 - Administration of Contracts.

§  1054.  Administration  of contracts. 1. A contract pursuant to this
article may provide for such periodic payments as may be appropriate.
2. The corporation shall periodically review the performance  of  each
contractor   pursuant  to  this  article.  Such  reviews  shall  include
evaluation of the quality of the activities  performed,  the  conformity
thereof   to   contract  provisions  and  the  financial  integrity  and
efficiency of the contractor.
3. Each contract pursuant to this article shall provide that:
(a) it may be modified and renegotiated from time to time; and
(b) it may  be  terminated  by  the  corporation  upon  a  finding  of
substantial   noncompliance   or  other  breach  of  its  terms  by  the
contractor.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1055 - Rules and Regulations.

§  1055.  Rules  and  regulations.  The  corporation  may  provide, by
  regulation, for the administration  of  the  rural  area  revitalization
  program.  Such  regulations may contain any provisions, not inconsistent
  with this article as may be necessary or appropriate to  carry  out  the
  policy and intent of this article.
2023 New York Laws › PVH - Private Housing Finance › Article 17-B - Rural Area Revitalization Projects › 1057 - Transfer of Authority, Administration and Appropriations.

§  1057.  Transfer of authority, administration and appropriations. 1.
  On and after the effective date of this section, all obligations of  the
  division with respect to rural area revitalization projects shall become
  the  obligations  of  the  corporation  and  the  corporation  shall  be
  responsible for the administration  of  all  rural  area  revitalization
  projects.  The  division  shall  provide for the orderly transfer of all
  matters, records and things relating to rural revitalization projects to
  the corporation.
2. Notwithstanding the provisions of any general or special  law,  the
  director  of  the  budget  is  authorized to transfer to the corporation
  funds otherwise appropriated or reappropriated for the purposes of rural
  area revitalization projects to the division of  housing  and  community
  renewal.
3.  All  rules, regulations, acts, determinations and decisions of the
  division or the commissioner thereof with respect to the  administration
  of  rural area revitalization projects in force on the effective date of
  this section shall continue in force and effect as  rules,  regulations,
  acts,  determinations  and  decisions  of  the  corporation  until  duly
  modified or rescinded by the corporation.