This text of New York § 1006 (Technical services and assistance to corporations and rural areas) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§ 1006. Technical services and assistance to corporations and rural\nareas.
1.In accordance with the policy of this article, the division\nshall encourage the creation, development and strengthening of new\nnot-for-profit corporations to perform housing preservation and\ncommunity renewal activities in the rural areas of the state, and is\nauthorized to take all steps necessary to that end. The division shall\nprovide technical services and assistance to not-for-profit corporations\nseeking to serve the housing or community renewal needs of rural areas,\nto better enable such corporations to meet the requirements of, and\nobtain funding under this article or any other program of governmental\nassistance, federal, state or local, to carry out their present and\nproposed activities, and o
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§ 1006. Technical services and assistance to corporations and rural\nareas. 1. In accordance with the policy of this article, the division\nshall encourage the creation, development and strengthening of new\nnot-for-profit corporations to perform housing preservation and\ncommunity renewal activities in the rural areas of the state, and is\nauthorized to take all steps necessary to that end. The division shall\nprovide technical services and assistance to not-for-profit corporations\nseeking to serve the housing or community renewal needs of rural areas,\nto better enable such corporations to meet the requirements of, and\nobtain funding under this article or any other program of governmental\nassistance, federal, state or local, to carry out their present and\nproposed activities, and otherwise to further the purposes and policy of\nthis article. Such services and assistance may be provided through the\ndivision's own personnel and facilities, through contractual services,\nor otherwise.\n 2. The affordable housing corporation or the housing trust fund\ncorporation, as the case may be, shall provide an incentive grant to\neach corporation that is awarded a contract pursuant to article eighteen\nor nineteen of this chapter. Such incentive grants shall consist of the\npayment of an additional sum of money equal to three percent of the\namount payable to such corporation pursuant to each contract provided,\nhowever, that such payment shall not be counted against the per dwelling\nunit total imposed by subdivision one of section eleven hundred two of\nthis chapter or the per dwelling unit limitation imposed by subdivision\none of section eleven hundred twelve of this chapter, and provided\nfurther that such additional amount shall not exceed forty thousand\ndollars per contract. Such incentive grant shall be utilized either for\npurposes consistent with the provisions of this article or for the cost\nof housing preservation and community renewal activities related to such\ncontract and shall not be subject to the limitation on the amount of\nfunds which may be received by corporations contained in subdivision\nfour of section one thousand three of this article. Such incentive grant\nshall be added to and considered a payment under the contract for\npurposes of allocating funds to any single municipality.\n