Section 421. Troy Housing Authority

A municipal housing authority, to be
  known as the Troy Housing Authority, is hereby created  and  established
  for  the city of Troy in the county of Rensselaer 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  all  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.