Section 474. Village of Spring Valley housing authority

A municipal
  housing authority, to be known as the village of Spring  Valley  housing
  authority,  is  hereby created and established for the village of Spring
  Valley in the county of Rockland, 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.