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This entry was published on 2014-09-22
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SECTION 59-E
Infrastructure development fund
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 3
§ 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.