Statute · New York Public Housing Law

N.Y. Pub. Hous. Law § 154 — Control of rentals on authority projects

N.Y. Pub. Hous. Law § 154

Type
Statute
Source
New York Public Housing Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 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…

Citator

N.Y. Pub. Hous. Law § 154 — Control of rentals on authority projects is in force in the current edition of the Code, and nothing recorded condemns it.

§ 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.