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N.Y. Public Housing Law § 154

Control of rentals on authority projects

New York · New York Public Housing Law · Status: effective · Effective 2014-09-22

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N.Y. Public Housing Law § 154, Control of rentals on authority projects, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1120938
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§ 154. Control of rentals on authority projects. Subject to the terms of any loan or subsidy contract with a government, the power to fix rents on a project shall rest exclusively with the authority. But nothing in this chapter shall prevent an authority or municipality from establishing, in addition to all other operation and depreciation reserve funds, a reserve fund, or funds which may be applied in aid of the construction, operation or maintenance of other projects of such authority or municipality.