Section 1006. Technical services and assistance to corporations and rural areas  


Latest version.
  • 1. In accordance with the policy of this  article,  the  division
      shall  encourage  the  creation,  development  and  strengthening of new
      not-for-profit  corporations  to  perform   housing   preservation   and
      community  renewal  activities  in  the rural areas of the state, and is
      authorized to take all steps necessary to that end. The  division  shall
      provide technical services and assistance to not-for-profit corporations
      seeking  to serve the housing or community renewal needs of rural areas,
      to better enable such corporations to  meet  the  requirements  of,  and
      obtain  funding  under this article or any other program of governmental
      assistance, federal, state or local, to  carry  out  their  present  and
      proposed activities, and otherwise to further the purposes and policy of
      this  article.  Such services and assistance may be provided through the
      division's own personnel and facilities, through  contractual  services,
      or otherwise.
        2.  The  affordable  housing  corporation  or  the  housing trust fund
      corporation, as the case may be, shall provide  an  incentive  grant  to
      each corporation that is awarded a contract pursuant to article eighteen
      or  nineteen of this chapter. Such incentive grants shall consist of the
      payment of an additional sum of money equal  to  three  percent  of  the
      amount  payable  to such corporation pursuant to each contract provided,
      however, that such payment shall not be counted against the per dwelling
      unit total imposed by subdivision one of section eleven hundred  two  of
      this  chapter or the per dwelling unit limitation imposed by subdivision
      one of section eleven hundred  twelve  of  this  chapter,  and  provided
      further  that  such  additional  amount  shall not exceed forty thousand
      dollars per contract. Such incentive grant shall be utilized either  for
      purposes  consistent with the provisions of this article or for the cost
      of housing preservation and community renewal activities related to such
      contract and shall not be subject to the limitation  on  the  amount  of
      funds  which  may  be  received by corporations contained in subdivision
      four of section one thousand three of this article. Such incentive grant
      shall be added to and  considered  a  payment  under  the  contract  for
      purposes of allocating funds to any single municipality.