2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 21 - (1130 - 1133) INFRASTRUCTURE DEVELOPMENT DEMONSTRATION PROGRAM
1133 - General and administrative provisions.

 
    §  1133.  General  and  administrative provisions. 1. The agency shall
  issue and promulgate rules and regulations  for  the  administration  of
  this  article.  The  rules  and  regulations  shall  include  provisions
  concerning eligibility of applicants  for  grants  under  this  article;
  funding  criteria  and  funding  determination  process;  evaluation  of
  contracting applicants; provisions for modification and  termination  of
  contracts; and such other matters not inconsistent with the purposes and
  provisions  of  this  article  as  the  agency  shall  deem necessary or
  appropriate.
    2. Not less than seventy-five percent of the total amount appropriated
  for the purposes of this demonstration program shall be  made  available
  for projects located in cities, towns or villages having a population of
  thirty  thousand  or  less persons; such remaining amounts shall be made
  available to projects located in cities,  towns  or  villages  having  a
  population of more than thirty thousand persons.
    3.  The  agency  shall  inform  prospective eligible applicants of the
  existence of this program and to the maximum  extent  practicable  shall
  provide  information  on  this  program  to  all  applicants for housing
  programs designed to  promote  the  construction  or  rehabilitation  of
  affordable housing.
    4. The agency shall enter into agreements to the extent feasible, with
  other state agencies and public corporations to carry out the provisions
  of  this  article.  In  entering  into  such agreements the agency shall
  consider the extent to which funds provided  pursuant  to  this  article
  would  compliment  the  programs administered by such agencies or public
  corporations. Such agreements shall  be  designed  to  allow  the  funds
  hereunder  to  be  used in conjunction with the programs administered by
  such agencies or public corporations.
    5. The agency or its designee shall require submission of  the  names,
  addresses and business background of the principals involved, the nature
  of  their fiduciary relationship and their financial relationship, past,
  present and future, to the project and to each other.