New York PBG Code § 37

Powers of authority
Open in Lexace · Ask the AI about this section
§ 37. Powers of authority. 1. An authority shall have the following\npowers in addition to other powers granted in this chapter: (a)\ninvestigate into living conditions in the municipality and into the\nmeans of improving such conditions; (b) determine where insanitary or\nsubstandard housing conditions exist; (c) publish and disseminate\ninformation; (d) prepare or arrange for preparation of plans for, carry\nout and operate projects; (e) construct, reconstruct, improve, alter or\nrepair or provide for the construction, reconstruction, improvement,\nalteration or repair of any project; (f) demolish structures; (g) clear\nareas; (h) lease, purchase, or otherwise acquire, manage, operate all or\nany part of any project, or any dwelling unit or units therein,\nundertaken or completed by any government or housing company: (i) Act as\nagent for or enter into contracts and otherwise cooperate with the\nfederal government in connection with a federal or municipal project, or\nany federally-aided program to provide dwelling accommodations for\npersons of low income; (j) arrange, agree or contract with a government\nfor the planning, replanning, opening, grading or closing of streets,\nroads, roadways, alleys or other places or for the furnishing of\nfacilities or for the acquisition by a government of property or\nproperty rights or for the furnishing of property or services in\nconnection with a project; (k) lease or rent, as lessor or sublessor,\nany of the housing or other accommodations or any of the lands,\nbuildings, structures or facilities embraced in any project or connected\nwith any program to provide dwelling accommodations for persons of low\nincome, and establish and revise the rents or charges therefor; (l)\nenter upon any building or property in order to conduct investigations\nor make surveys, soundings or test borings necessary to carry out its\npurposes; (m) acquire or contract to acquire from any person, firm,\ncorporation or government, by subsidy, contribution, gift, grant,\nbequest, devise, purchase, condemnation or otherwise, real or personal\nproperty or any interest therein or lease dwelling units from any\nperson, firm or corporation for sublease to persons and families of low\nincome; (n) sell, exchange, transfer, assign or mortgage any real or\npersonal property or any interest therein; (o) own, hold, clear and\nimprove real or personal property or any interest therein; (p) insure or\nprovide for the insurance of its property or operations as required by\nlaw and also against such other risks as it may deem advisable; (q)\nlimit by contract, the exercise of any of its powers; (r) invest any\nfunds held in reserves or sinking funds, or any funds not required for\nimmediate disbursement in property or securities in which savings banks\nmay legally invest funds subject to their control; (s) sue and be sued;\n(t) have a seal and alter the same at pleasure; (u) have perpetual\nsuccession; (v) make and execute contracts and other instruments\nnecessary or convenient to the exercise of its powers; (w) make and from\ntime to time amend and repeal by-laws, rules and regulations not\ninconsistent with the provisions of this chapter; (x) conduct\nexaminations and investigations, hear testimony and take proof, under\noath at public or private hearings on any material matter, require the\nattendance of witnesses and the production of books and papers and issue\ncommissions for the examination of witnesses who are out of the state,\nunable to attend, or excused from attendance; (y) authorize a committee\ndesignated by it consisting of one or more members, or counsel, or any\nofficer or employee to conduct any such investigation or examination, in\nwhich case such committee, counsel, officer or employee shall have power\nto administer oaths, take affidavits and issue subpoenas or commissions;\nand (z) enter into agreements of cooperation with or for the rendition\nof service to an agency as defined in subdivision five o

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.