Section 553. Village of Horseheads housing authority

A municipal housing
  authority, to be known as the Village of Horseheads  housing  authority,
  is  hereby  created and established for the Village of Horseheads in the
  county of Chemung for the accomplishment of any or all of  the  purposes
  specified  in  article  eighteen of the constitution of the state of New
  York. It shall constitute a body corporate and politic, be perpetual  in
  duration  and  consist  of  five  members.  It shall have the powers and
  duties now or hereafter conferred by this chapter upon municipal housing
  authorities. It shall be organized  in  the  manner  prescribed  by  and
  subject  to  the  provisions  of  this  chapter,  and the authority, its
  members, officers and employees and its operations and activities  shall
  in all respects be governed by the provisions of this chapter.