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Statutes » New York » PBH Law » Article 11

N.Y. PBH Law § 1162

This is the official text of N.Y. PBH Law § 1162, part of New York’s PBH Law — part of the compiled statutory law of New York, published by the state as "PBH Law." Browse the sections below, each linked to its official government source.

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Financial assistance; criteria and standards; regulations

Official statutory text

§ 1162. Financial assistance; criteria and standards; regulations. 1.\nThe corporation is authorized to promulgate regulations, developed in\nconsultation with the commissioner and the director of the division of\nthe budget, for the purpose of carrying out its responsibilities under\nthis title, including establishing criteria and standards for\ndetermining the amount and kind of financial assistance to a recipient\nfor an eligible project. To the extent financial assistance to a\nrecipient for an eligible project is provided from the proceeds of bonds\nor notes of the corporation, the amount of an allocation applicable to\nthe portion of such eligible project financed with such financial\nassistance shall be determined by the corporation in accordance with\nsuch regulations, if any.\n 2. The department is authorized to promulgate regulations, developed\nin consultation with the director of the division of the budget and the\ncorporation, for the purpose of carrying out its responsibilities under\nthis title.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.