154 - Control of Rentals on Authority Projects.

NY Pub Hsg L § 154 (2019) (N/A)
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§ 154. Control of rentals on authority projects. Subject to the terms of any loan or subsidy contract with a government, the power to fix rents on a project shall rest exclusively with the authority. But nothing in this chapter shall prevent an authority or municipality from establishing, in addition to all other operation and depreciation reserve funds, a reserve fund, or funds which may be applied in aid of the construction, operation or maintenance of other projects of such authority or municipality.