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Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).
HFA and its subsidiaries are now administered by New York State Homes and Community Renewal, [4] created in September 2010 to include the New York State Division of Housing and Community Renewal. In 2017, the HFA had operating expenses of $368.76 million, an outstanding debt of $16.780 billion, and a staffing level of 263 people. [5]
Whether a municipality is defined as a borough, city, town, or village is determined not by population or land area, but rather on the form of government selected by the residents and approved by the New York State Legislature. [2] [3] [4] Each type of local government is granted specific home rule powers by the New York State Constitution. [5]
The New York State Department of Economic Development (DED) is a department of the New York government that has been operationally merged into ESD. [ 5 ] [ 6 ] ESD gives its mission as promoting the state economy, encouraging business investment and job creation, and supporting local economies through loans, grants, tax credits, real estate ...
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
Division of Administrative Rules (DAR), which produces the weekly New York State Register that provides information on the rule making activities of state agencies, is the official compiler of the New York Codes, Rules and Regulations (NYCRR), and publishes information on the Great Seal of New York, the State Constitution, and other official ...
The New York State Assembly Legislative session is a cycle that takes place from the first month of the year up until a budget has been published by both houses. According to the New York State Legislative Calendar, session convenes January 9th throughout June 19th. [12]
The New York State Executive Department of the New York state government serves as the administrative department of the Governor of New York. [1] This department has no central operating structure; it consists of a number of divisions, offices, boards, commissions, councils, and other independent agencies that provide policy advice and assistance to the governor and conduct activities ...
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