2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 3 - (40 - 62) NEW YORK STATE HOUSING FINANCE AGENCY
55 - Assistance by state officers, departments, boards and commissions.


NY Priv Hous Fin L § 55 (2012) What's This?
 
    §   55.   Assistance   by  state  officers,  departments,  boards  and
  commissions. 1. The department of audit and control, department of  law,
  commissioner  of  housing  and  division of housing, and all other state
  officers, departments, boards, divisions and commissions may render such
  services to the agency within  their  respective  functions  as  may  be
  requested by the agency.
    2.  The commissioner of housing and community renewal and the division
  of housing and community renewal are hereby designated to act for and in
  behalf of the agency in servicing the mortgage loans and equity loans of
  the agency, except mortgage loans made to  hospital  corporations  which
  are  eligible  borrowers  as  defined  in  article twenty-eight-B of the
  public health law, nursing home companies, non-profit corporations which
  are eligible borrowers as defined in title five-A of article six of  the
  social   services   law,  or  companies  incorporated  pursuant  to  the
  not-for-profit corporations law and article seventy-five of  the  mental
  hygiene  law, and in carrying out the provisions of section forty-four-a
  of this article, and  shall  perform  such  functions  and  services  in
  connection  with  the making, servicing and collection of such loans and
  pursuant to such section  forty-four-a  of  this  article  as  shall  be
  requested by the agency. The agency shall pay to the division of housing
  and community renewal from any of the monies available for such purpose,
  such  amounts  as are necessary to reimburse it for the reasonable costs
  of the services performed by the commissioner of housing  and  community
  renewal  and  the  division of housing and community renewal pursuant to
  this section.
    3. The state commissioner of health and the state department of health
  are hereby designated to  act  for  and  in  behalf  of  the  agency  in
  servicing  the nursing home company mortgage loans of the agency and the
  mortgage loans of the agency to hospital corporations which are eligible
  borrowers as defined in article twenty-eight-B of the public health law,
  and shall perform such functions and services  in  connection  with  the
  making,  servicing and collection of such loans as shall be requested by
  the agency. The agency shall pay to the department of  health  from  any
  monies  of  the  agency  available for such purpose, such amounts as are
  necessary to reimburse the department of health for the reasonable  cost
  of  the  services performed by the commissioner of health and department
  of health pursuant to this section.
    4. The state commissioner of social services and the state  department
  of social services are hereby designated to act for and in behalf of the
  agency  in  servicing the youth facilities project mortgage loans of the
  agency and shall perform such functions and services in connection  with
  the making, servicing and collection of such loans as shall be requested
  by the agency. The agency shall pay to the department of social services
  from  any  monies of the agency available for such purpose, such amounts
  as are necessary to reimburse the department of social services for  the
  reasonable  cost of the services performed by the commissioner of social
  services and department of social services pursuant to this section.
    5. The state commissioner of mental hygiene and the  state  department
  of  mental hygiene are hereby designated to act for and in behalf of the
  agency in servicing the community  mental  health  services  and  mental
  retardation  services  companies  mortgage loans of the agency and shall
  perform such functions and  services  in  connection  with  the  making,
  servicing  and  collection  of  such  loans as shall be requested by the
  agency. The agency shall pay to the department of  mental  hygiene  from
  any monies of the agency available for such purpose, such amounts as are
  necessary  to  reimburse  the  department  of  mental  hygiene  for  the
  reasonable cost of the services performed by the commissioner of  mental
  hygiene  and  department  of  mental  hygiene  pursuant to this section,

  including such amounts as are necessary  to  reimburse  the  health  and
  mental  hygiene  facilities  improvement  corporation for the reasonable
  cost of such  services  performed  by  the  health  and  mental  hygiene
  facilities  improvement  corporation upon request by the commissioner of
  mental hygiene pursuant to the provisions of section 75.25 of the mental
  hygiene law.
    6. The department of social services of  the  state  of  New  York  is
  hereby  designated  to  act for and in behalf of the agency in servicing
  the community senior citizens centers and  services  companies  mortgage
  loans  of  the  agency  and shall perform such functions and services in
  connection with the making, servicing and collection of  such  loans  as
  shall  be  requested  by  the  agency.  The  agency  shall  pay  to such
  department from any moneys of the agency available  for  such  purposes,
  such  amounts  as  are  necessary  to  reimburse such department for the
  reasonable cost of the services performed by such department pursuant to
  this section.

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