This text of New York § 906 (Technical services and assistance to neighborhood preservation companies) 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.
§ 906. Technical services and assistance to neighborhood preservation\ncompanies.
1.The division is hereby authorized to render to\nneighborhood preservation companies such technical services and\nassistance as it may possess or as may be available to it to enable such\ncompanies to comply with the intent and provisions of this article. The\ndivision is further authorized to take all steps necessary to encourage\nthe formation, organization and growth of new neighborhood preservation\ncompanies. The division may also, from funds appropriated for the\npurposes of this article, contract with municipal and other public\nagencies and with private persons, firms and corporations for the\nprovision of such technical services and assistance which may include:\npreparation and submission of pro
Free access — add to your briefcase to read the full text and ask questions with AI
§ 906. Technical services and assistance to neighborhood preservation\ncompanies. 1. The division is hereby authorized to render to\nneighborhood preservation companies such technical services and\nassistance as it may possess or as may be available to it to enable such\ncompanies to comply with the intent and provisions of this article. The\ndivision is further authorized to take all steps necessary to encourage\nthe formation, organization and growth of new neighborhood preservation\ncompanies. The division may also, from funds appropriated for the\npurposes of this article, contract with municipal and other public\nagencies and with private persons, firms and corporations for the\nprovision of such technical services and assistance which may include:\npreparation and submission of proposals for entering into contracts with\nthe commissioner; preparation and submission of reports required under\nsuch contracts or regulations issued by the commissioner; internal\norganization and management of the neighborhood preservation companies;\nrecruitment and training of personnel of the neighborhood preservation\ncompanies; preparation of plans and projects, negotiation of agreements\nand compliance with requirements of programs in which neighborhood\npreservation companies may become engaged in the course of their\nneighborhood preservation activities; and other technical advice or\nassistance relating to the performance or rendition of neighborhood\npreservation activities.\n 2. The affordable housing corporation, the housing trust fund\ncorporation or their designee as the case may be, shall provide an\nincentive grant to each company that is awarded a contract pursuant to\narticle eighteen or nineteen of this chapter. Such incentive grant shall\nconsist of the payment of an additional sum of money equal to three\npercent of the amount payable to such company pursuant to each contract\nprovided, however, that such payment shall not be counted against the\nper dwelling unit total imposed by subdivision one of section eleven\nhundred two of this chapter or the per dwelling unit limitation imposed\nby subdivision one of section eleven hundred twelve of this chapter, and\nprovided further that such additional amount shall not exceed forty\nthousand dollars per contract. Such incentive grant shall be utilized\neither for purposes consistent with the provisions of this article or\nfor the cost of neighborhood preservation activities related to such\ncontract and shall not be subject to the limitation on the amount of\nfunds which may be received by companies contained in subdivision four\nof section nine hundred 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