2016 New York Laws
PVH - Private Housing Finance
Article 24 - (Private Housing Finance) NATIONAL AFFORDABLE HOUSING ACT PROGRAM
1174 - General and administrative provisions.

  1174. General and administrative provisions.  1. The division shall
  issue and promulgate rules and regulations  for  the  administration  of
  this  article.  The  rules  and  regulations  shall  include  provisions
  concerning  reporting,   budgeting   and   recordkeeping   requirements;
  provision  for  modification,  termination,  extension  and  renewal  of
  agreements; and such other matters not inconsistent  with  the  purposes
  and  provisions  of  this  article as the division shall deem necessary,
  proper or appropriate.
2.  The  division  may  provide  appropriate  technical  services  and
  assistance to applicants to comply with the provisions of this article.
3. The division shall issue a report to the temporary president of the
  senate  and  the speaker of the assembly, the chairpersons of the senate
  and assembly housing committees  and  the  chairpersons  of  the  senate
  finance  and  assembly  ways  and  means committees on or before January
  first,  nineteen  hundred  ninety-three  and  annually  thereafter  with
  respect  to  funds  committed,  contracted  or disbursed pursuant to the
  national affordable housing act. This report shall include  but  not  be
  limited  to:  a  description of the programs/projects funded pursuant to
  this program; the amount of funds  committed,  contracted  or  disbursed
  during  the  previous  federal  fiscal  year;  the  amount of such funds
  derived  from  bond  proceeds;  the  number  of  new  affordable   units
  constructed  or rehabilitated, including both rental and home ownership;
  the number of units created which were constructed or  rehabilitated  by
  combining  NAHA  funds with other state-assisted housing programs and an
  accounting of the amount of such state-assisted  housing  program  funds
  expended; and any access to additional HOME funds made available through
  any  federal  fund  reallocation. In addition such report shall indicate
  the status of the rules and regulations as required in  subdivision  one
  of this section, until such rules and regulations have been promulgated.
4.  All  state  agencies,  offices,  departments,  boards,  divisions,
  commissions, public authorities  and  public  benefit  corporations  may
  render  such  services to the division within their respective functions
  as may  be  requested  by  the  division  in  order  to  administer  the
  provisions of this article.