* § 408. Minimization of displacement. The agency shall use its best efforts to ensure that activities carried out pursuant to this article are structured so as to minimize the likelihood of any involuntary physical or economic displacement of tenants who reside in multiple dwellings which are the subject of such activities, other than temporarily, as a direct result of rehabilitation work which is performed in such multiple dwelling in which case suitable temporary relocation arrangements shall be provided.

Terms Used In N.Y. Private Housing Finance Law 408

  • agency: shall mean any officer, board, commission, department, or other agency of the municipality, or the authority or any other public authority, designated by the local legislative body to carry out the functions vested in the agency under this article or delegated to the agency by the local legislative body in order to carry out the purposes and provisions of this article. See N.Y. Private Housing Finance Law 401

* NB Expires July 1, 2024

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