§ 1007 — Rules and regulations

New York § 1007

• Jurisdiction: New York
• Law PVH: Private Housing Finance
• Art. 17: Housing and Community Preservation In Rural Areas

Text

§ 1007. Rules and regulations. The commissioner shall issue rules and\nregulations for the administration of this article. Such rules and\nregulations shall include provisions concerning requirements as to\neligibility for contracting with the commissioner; the form of\napplications for contracts; supervision and evaluation of corporations\nwhich contract with the commissioner including standards and performance\ncriteria for continued, increased or decreased funding to insure the\ncorporations meet the objectives of this article and the objectives\noutlined in their housing preservation and community renewal plans;\nreporting, budgeting and record keeping requirements; provisions for\nrenegotiation, modification, termination, extension and renewal of\ncontracts, which provisions shall include the bases for funding\nincreases from the preceding contract including, but not be limited to,\nperformance which exceeds minimum performance criteria and provisions\nfor probationary periods where appropriate; provisions for technical\nservices and assistance to such corporations within the limits of\navailable funding; protection of the interests of tenants in buildings\nowned or managed by such corporations; and may include any provisions,\nnot inconsistent with the provisions of this article or other applicable\nlaw, which the commissioner deems necessary or appropriate to carry out\nthe policy and purposes of this article. Such rules and regulations\nshall prohibit any corporation receiving funds under contracts entered\ninto pursuant to this article (i) from engaging in any activities\npromoting any political candidate or party or (ii) from expending any\nsuch funds in activities the purpose of which is to influence\nlegislation.\n