Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
ARTICLE 12
New York City Housing Development Corporation
Private Housing Finance (PVH) CHAPTER 44-B
ARTICLE XII

NEW YORK CITY HOUSING DEVELOPMENT CORPORATION
Section 650. Short title.

651. Statement of legislative findings and purpose.

652. Definitions.

653. New York city housing development corporation.

654. Powers of the corporation.

654-a. Subsidiaries; how created.

654-b. Housing assistance corporation.

654-c. Housing New York corporation.

654-d. Residential mortgage insurance corporation.

655. Notes and bonds of the corporation.

655-a. Authorization of contracts for taxation by the United

States of interest on obligations guaranteed thereby.

656. Reserve funds and appropriations.

657. Agreement with the state.

658. State and city not liable on notes and bonds.

659. City's right to require redemption of bonds.

660. Remedies of noteholders and bondholders.

661. Assistance to the corporation.

662. Notes and bonds as legal investments.

663. Exemption from taxation.

664. Employees of the corporation.

665. Assistance by department of housing preservation and

development.

666. Moneys of the corporation.

667. Actions.

668. Annual report.

669. Article not affected if in part unconstitutional.

670. Inconsistent provisions in other laws superseded.