Section 907. Rules and regulations to be promulgated by the commissioner

The commissioner shall issue and promulgate rules  and  regulations  for
  the  administration  of  this article, which rules and regulations shall
  include  provisions  concerning  requirements  as  to  eligibility   for
  contracting   with  the  commissioner;  the  form  of  applications  for
  contracts;  supervision  and  evaluation  of  neighborhood  preservation
  companies  including  standards  and performance criteria for continued,
  increased  or  decreased  funding  to  insure  the  companies  meet  the
  objectives  of  this  article  and  the  objectives  outlined  in  their
  neighborhood preservation plans; reporting, budgeting and record keeping
  requirements; provisions for renegotiation,  modification,  termination,
  extension  and  renewal of contracts, which provisions shall include the
  bases for funding increases from the preceding contract  including,  but
  not  be  limited  to,  performance  which  exceeds  minimum  performance
  criteria and provisions  for  probationary  periods  where  appropriate;
  provisions   for  technical  services  and  assistance  to  neighborhood
  preservation  companies  within  the  limits   of   available   funding;
  protection  of the interests of tenants in buildings owned or managed by
  neighborhood  preservation  companies;  and  such  other   matters   not
  inconsistent  with  the  purposes  and provisions of this article as the
  commissioner shall deem necessary, proper or appropriate. Such rules and
  regulations  shall  prohibit  any  neighborhood   preservation   company
  receiving  funds  under  contracts entered into pursuant to this article
  (i) from engaging in any activities promoting any political candidate or
  party or (ii) from expending any such funds in activities the purpose of
  which is to influence legislation.