Article 12 New York City Housing Development Corporation

Short Title

Statement of Legislative Findings and Purpose

Definitions

New York City Housing Development Corporation

Powers of the Corporation

Subsidiaries; How Created

Housing Assistance Corporation

Housing New York Corporation

Residential Mortgage Insurance Corporation

Notes and Bonds of the Corporation

Authorization of Contracts for Taxation by the United States of Interest on Obligations Guaranteed Thereby

Reserve Funds and Appropriations

Agreement With the State

State and City Not Liable on Notes and Bonds

City's Right to Require Redemption of Bonds

Remedies of Noteholders and Bondholders

Assistance to the Corporation

Notes and Bonds As Legal Investments

Exemption From Taxation

Employees of the Corporation

Assistance by Department of Housing Preservation and Development

Moneys of the Corporation

Actions

Annual Report

Article Not Affected If in Part Unconstitutional

Inconsistent Provisions in Other Laws Superseded