2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 17 - (1001 - 1011) 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.