N.Y. Pub. Auth. Law § 1811
Current through 2024 NY Law Chapter 553
Subject to the provisions of sections eighteen hundred twenty-two and eighteen hundred twenty-three of this title, the authority shall have the power and is hereby authorized to make mortgage loans to local development corporations and loan guarantees to banking organizations with special purpose funds pursuant to this subtitle for costs of projects and to make loans and loan guarantees as provided in section eighteen hundred fourteen to improve employment opportunities in any area of the state.
N.Y. Pub. Auth. Law § 1811