2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 3 - (40 - 62) NEW YORK STATE HOUSING FINANCE AGENCY
59-A - Housing trust fund account.


NY Priv Hous Fin L § 59-A (2012) What's This?
 
    § 59-a. Housing trust fund account. The housing trust fund corporation
  created  by  section  forty-five-a  of  this  chapter  shall  create and
  establish a special account to  be  known  as  the  housing  trust  fund
  account  and  shall  pay  into such account any moneys which may be made
  available to such corporation for the purposes of such account 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 account due to the investment
  thereof or loans made pursuant to article eighteen of this chapter.  The
  moneys held in or credited to the housing trust fund account established
  under  this section shall be expended solely to carry out the provisions
  of article eighteen of this chapter.

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