9 CRR-NY 1760.6NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER IV. STATE-ASSISTED HOUSING CONSTRUCTED BY PRIVATE ENTERPRISE
SUBCHAPTER E. DISSOLUTION OF LIMITED-PROFIT AND LIMITED-DIVIDEND HOUSING COMPANIES
PART 1760. REDEVELOPMENT AND REFINANCE
9 CRR-NY 1760.6
9 CRR-NY 1760.6
1760.6 Standards for loan documents.
In reviewing the loan documents, the division may consider various factors, including but not limited to the fact that they:
(a) provide sufficient notice to the parties to the transaction and their successors and assigns that the housing company is supervised by the division and subject to the private housing finance law and regulations;
(b) do not conflict with any provision of the private housing finance law or regulations;
(c) are not unfair or unduly burdensome to the housing company;
(d) clearly reflect any modifications of the division's supervisory role;
(e) do not affect the division's authority to supervise the housing company except to the extent consented to by the division.
9 CRR-NY 1760.6
Current through September 15, 2021
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