N.Y. PBG Law § 616
This is the official text of N.Y. PBG Law § 616, part of New York’s PBG Law — part of the compiled statutory law of New York, published by the state as "PBG Law." Browse the sections below, each linked to its official government source.
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Leasing of units owned by a housing access voucher local administrator
Official statutory text
* § 616. Leasing of units owned by a housing access voucher local\nadministrator. 1. If an eligible individual or family assisted under\nthis article leases a dwelling unit (other than a public housing\ndwelling unit) that is owned by a housing access voucher local\nadministrator administering assistance to that individual or family\nunder this section, the commissioner shall require the unit of general\nlocal government or another entity approved by the commissioner, to make\ninspections required under section six hundred thirteen of this article\nand rent determinations required under section six hundred fourteen of\nthis article. The housing access voucher local administrator shall be\nresponsible for any expenses of such inspections and determinations,\nsubject to the appropriation of funds for this purpose.\n 2. For purposes of this section, the term "owned by a housing access\nvoucher local administrator" means, with respect to a dwelling unit,\nthat the dwelling unit is in a project that is owned by such\nadministrator, by an entity wholly controlled by such administrator, or\nby a limited liability company or limited partnership in which such\nadministrator (or an entity wholly controlled by such administrator)\nholds a controlling interest in the managing member or general partner.\nA dwelling unit shall not be deemed to be owned by a housing access\nvoucher local administrator for purposes of this section because such\nadministrator holds a fee interest as ground lessor in the property on\nwhich the unit is situated, holds a security interest under a mortgage\nor deed of trust on the unit, or holds a non-controlling interest in an\nentity which owns the unit or in the managing member or general partner\nof an entity which owns the unit.\n * NB Expires May 1, 2030\n
Status: in_force · Read it on the official government site
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