New York § 408 Minimization of displacement

New York Statutes

§ 408 — Minimization of displacement

New York § 408

Law PVHPrivate Housing Finance

Art. 8Loans to Owners of Existing Multiple Dwellings

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Bluebook

N.Y. Private Housing Finance § 408 (2026).

Text

  * § 408. Minimization of displacement. The agency shall use its best\nefforts to ensure that activities carried out pursuant to this article\nare structured so as to minimize the likelihood of any involuntary\nphysical or economic displacement of tenants who reside in multiple\ndwellings which are the subject of such activities, other than\ntemporarily, as a direct result of rehabilitation work which is\nperformed in such multiple dwelling in which case suitable temporary\nrelocation arrangements shall be provided.\n  * NB Expires July 1, 2027\n

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* § 408. Minimization of displacement. The agency shall use its best\nefforts to ensure that activities carried out pursuant to this article\nare structured so as to minimize the likelihood of any involuntary\nphysical or economic displacement of tenants who reside in multiple\ndwellings which are the subject of such activities, other than\ntemporarily, as a direct result of rehabilitation work which is\nperformed in such multiple dwelling in which case suitable temporary\nrelocation arrangements shall be provided.\n * NB Expires July 1, 2027\n