§ 102. Authorization to make subsidies for the aid, care and support
of the needy. Notwithstanding the provisions of section ninety-four of
this article, a municipality is authorized to make or contract to make
capital subsidies for the construction, reconstruction, development and
capital improvement of public housing to an authority operating within
the territorial limits of such municipality, payable either with moneys
locally appropriated therefor from the general fund or other funds
available for current expenses of such municipality or from the proceeds
of borrowings or other moneys available from the capital fund or other
funds available for capital improvements of such municipality.