N.Y.
Private Housing Finance Law Section 55
Assistance by state officers, departments, boards and commissions
1.
The department of audit and control, department of law, commissioner of housing and division of housing, and all other state officers, departments, boards, divisions and commissions may render such services to the agency within their respective functions as may be requested by the agency.2.
The commissioner of housing and community renewal and the division of housing and community renewal are hereby designated to act for and in behalf of the agency in servicing the mortgage loans and equity loans of the agency, except mortgage loans made to hospital corporations which are eligible borrowers as defined in article twenty-eight-B of the public health law, nursing home companies, non-profit corporations which are eligible borrowers as defined in title five-A of article six of the social services law, or companies incorporated pursuant to the not-for-profit corporations law and article seventy-five of the mental hygiene law, and in carrying out the provisions of § 44-A (Low rent dwelling accommodations)section forty-four-a of this article, and shall perform such functions and services in connection with the making, servicing and collection of such loans and pursuant to such § 44-A (Low rent dwelling accommodations)section forty-four-a of this article as shall be requested by the agency. The agency shall pay to the division of housing and community renewal from any of the monies available for such purpose, such amounts as are necessary to reimburse it for the reasonable costs of the services performed by the commissioner of housing and community renewal and the division of housing and community renewal pursuant to this section.3.
The state commissioner of health and the state department of health are hereby designated to act for and in behalf of the agency in servicing the nursing home company mortgage loans of the agency and the mortgage loans of the agency to hospital corporations which are eligible borrowers as defined in article twenty-eight-B of the public health law, and shall perform such functions and services in connection with the making, servicing and collection of such loans as shall be requested by the agency. The agency shall pay to the department of health from any monies of the agency available for such purpose, such amounts as are necessary to reimburse the department of health for the reasonable cost of the services performed by the commissioner of health and department of health pursuant to this section.4.
The state commissioner of social services and the state department of social services are hereby designated to act for and in behalf of the agency in servicing the youth facilities project mortgage loans of the agency and shall perform such functions and services in connection with the making, servicing and collection of such loans as shall be requested by the agency. The agency shall pay to the department of social services from any monies of the agency available for such purpose, such amounts as are necessary to reimburse the department of social services for the reasonable cost of the services performed by the commissioner of social services and department of social services pursuant to this section.5.
The state commissioner of mental hygiene and the state department of mental hygiene are hereby designated to act for and in behalf of the agency in servicing the community mental health services and developmental disabilities services companies mortgage loans of the agency and shall perform such functions and services in connection with the making, servicing and collection of such loans as shall be requested by the agency. The agency shall pay to the department of mental hygiene from any monies of the agency available for such purpose, such amounts as are necessary to reimburse the department of mental hygiene for the reasonable cost of the services performed by the commissioner of mental hygiene and department of mental hygiene pursuant to this section, including such amounts as are necessary to reimburse the health and mental hygiene facilities improvement corporation for the reasonable cost of such services performed by the health and mental hygiene facilities improvement corporation upon request by the commissioner of mental hygiene pursuant to the provisions of section 75.25 of the mental hygiene law.6.
The department of social services of the state of New York is hereby designated to act for and in behalf of the agency in servicing the community senior citizens centers and services companies mortgage loans of the agency and shall perform such functions and services in connection with the making, servicing and collection of such loans as shall be requested by the agency. The agency shall pay to such department from any moneys of the agency available for such purposes, such amounts as are necessary to reimburse such department for the reasonable cost of the services performed by such department pursuant to this section.
Source:
Section 55 — Assistance by state officers, departments, boards and commissions, https://www.nysenate.gov/legislation/laws/PVH/55 (updated Jul. 29, 2022; accessed Apr. 27, 2024).
