The State budget… is it done? We think housing was part of a three way agreement and not subject to change, but we know anything can happen! From the budget bill:
35 RURAL PRESERVATION PROGRAM …………………………….. 3,813,000
36 ————–
37 General Fund / Aid to Localities
38 Local Assistance Account – 001
39 For carrying out the provisions of article
40 XVII of the private housing finance law.
41 No funds shall be expended from this
42 appropriation until the director of the
634 12603-12-0
DIVISION OF HOUSING AND COMMUNITY RENEWAL
STATE OPERATIONS AND AID TO LOCALITIES 2010-11
1 budget has approved a spending plan
2 submitted by the division of housing and
3 community renewal in such detail as the
4 director of the budget may require ……….. 3,539,000
5 For additional assistance carrying out the
6 provisions of article XVI of the private
7 housing finance law ………………………. 274,000
8 ————–
9 Program account subtotal ………………. 3,813,000
10 ————–
35 RURAL PRESERVATION PROGRAM …………………………….. 3,813,000
36 ————–
37 General Fund / Aid to Localities
38 Local Assistance Account – 001
39 For carrying out the provisions of article
40 XVII of the private housing finance law.
41 No funds shall be expended from this
42 appropriation until the director of the
634 12603-12-0
DIVISION OF HOUSING AND COMMUNITY RENEWAL
STATE OPERATIONS AND AID TO LOCALITIES 2010-11
1 budget has approved a spending plan
2 submitted by the division of housing and
3 community renewal in such detail as the
4 director of the budget may require ……….. 3,539,000
5 For additional assistance carrying out the
6 provisions of article XVI of the private
7 housing finance law ………………………. 274,000
8 ————–
9 Program account subtotal ………………. 3,813,000
10 ————–
11 RURAL RENTAL ASSISTANCE PROGRAM ……………………….. 14,802,000
12 ————–
13 General Fund / Aid to Localities
14 Local Assistance Account – 001
15 For carrying out the provisions of article
16 XVII-A of the private housing finance law
17 in relation to providing assistance to
18 sponsors of housing for persons of low
19 income.
20 Notwithstanding any other provision of law,
21 such funds may be used by the commissioner
22 of housing and community renewal in
23 support of contracts scheduled to expire
24 in 2010-11 for as many as 10 additional
25 years; in support of contracts for new
26 eligible projects for a period not to
27 exceed 5 years; and in support of
28 contracts which reach their 25 year maxi-
29 mum in and/or prior to 2010-11 for an
30 additional one year period.
31 Notwithstanding any other rule, regulation
32 or law, moneys hereby appropriated are to
33 be available for payment of contract obli-
34 gations heretofore accrued or hereafter to
35 accrue and are subject to the approval of
36 the director of the budget ……………… 14,802,000
NEW YORK STATE RURAL ADVOCATES 