N.Y. Public Housing Law Section 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.

Source: Section 154 — Control of rentals on authority projects, https://www.­nysenate.­gov/legislation/laws/PBG/154 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 154’s source at nysenate​.gov

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