N.Y. Private Housing Finance Law Section 1106-B
Low income turnkey/enhanced housing trust fund program established

There is hereby established within the housing trust fund corporation a low income turnkey/enhanced housing trust fund program. Within the limit of funds available for this purpose in the turnkey/enhanced housing account, the corporation is hereby authorized to enter into contracts to provide grants or loans to eligible applicants for all or a portion of turnkey/enhanced rental project costs to construct or rehabilitate turnkey/enhanced rental projects subject to the terms and conditions of this article. Upon completion of construction or rehabilitation of a turnkey/enhanced rental project, an eligible applicant may, where appropriate, transfer such project to an eligible owner.

Source: Section 1106-B — Low income turnkey/enhanced housing trust fund program established, https://www.­nysenate.­gov/legislation/laws/PVH/1106-B (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 1106-B’s source at nysenate​.gov

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