N.Y. Public Housing Law Section 76
Pledge of subsidy

Payments under any contracts for periodic subsidies by the state may be pledged by an authority as security for loans obtained from any source for the project to which such periodic subsidies relate.

Source: Section 76 — Pledge of subsidy, https://www.­nysenate.­gov/legislation/laws/PBG/76 (updated Sep. 22, 2014; accessed Jun. 21, 2025).

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Verified:
Jun. 21, 2025

Last modified:
Sep. 22, 2014

§ 76. Pledge of subsidy's source at nysenate​.gov

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