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New York Consolidated Laws, Private Housing Finance Law - PVH § 25. Working capital

Current as of January 01, 2026 | Updated by Findlaw Staff

The supervising agency or the commissioner, as the case may be, may permit stock or income debentures to be issued for working capital to be used in connection with such project to an amount not exceeding three per centum of the estimated project cost or the actual project cost, whichever is larger.

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Cite this article: FindLaw.com - New York Consolidated Laws, Private Housing Finance Law - PVH § 25. Working capital - last updated January 01, 2026 | https://codes.findlaw.com/ny/private-housing-finance-law/pvh-sect-25/

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