§ 92 Real estate tax for debt service
§ 93 Authorization to make loans
§ 94 Authorization to make subsidies
§ 95 Authorization to guarantee
§ 96 Administrative expenses of authority
§ 97 Procedure for municipal aid
§ 98 Conditions in contracts for municipal aid
§ 99 Municipal services
§ 100 Jurisdiction and powers of municipality unimpaired
§ 101 Notwithstanding any local or special law or charter provision, a municipality shall, irrespective of the boundaries of a project, provide…
§ 102 Authorization to make subsidies for the aid, care and support of the needy
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Terms Used In New York Laws > Public Housing > Article 5 - Municipal Aid

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.