There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 8-B - (470 - 478) LOANS TO OWNER-OCCUPANTS OF ONE TO FOUR UNIT PRIVATE AND MULTIPLE DWELLINGS
475 - Interest reduction subsidies.


NY Priv Hous Fin L § 475 (2012) What's This?
 
    § 475. Interest reduction subsidies. Notwithstanding the provisions of
  any  general,  special  or  local law, a municipality, acting through an
  agency, is authorized to  provide,  or  contract  to  provide,  interest
  reduction  subsidies  for  loans  made  by  private investors to low and
  moderate income owner-occupants of one to four unit existing private  or
  multiple    dwellings   within   its   territorial   limits,   if   such
  owner-occupants would have been eligible under the  provisions  of  this
  article for a loan made by the municipality pursuant to this article.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.