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2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 8-A - (450 - 457) SMALL LOANS TO OWNERS OF MULTIPLE DWELLINGS TO REMOVE SUBSTANDARD OR INSANITARY CONDITIONS
456 - Minimization of displacement.


NY Priv Hous Fin L § 456 (2012) What's This?
 
    * §  456.  Minimization  of displacement. The supervising agency shall
  use its best efforts to ensure that activities carried out  pursuant  to
  subdivisions  seven  and eight of section four hundred fifty-two of this
  article  are  structured  so  as  to  minimize  the  likelihood  of  any
  involuntary  economic  displacement  of  tenants  who reside in multiple
  dwellings  which  are  the  subject  of  such  activities.  However,  if
  temporary  physical  displacement  is  required  as  a  direct result of
  rehabilitation  work  which  is  performed  in  such  multiple  dwelling
  receiving  a loan pursuant to this article suitable temporary relocation
  arrangements shall be provided.
    * NB Expires July 1, 2014

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