N.Y. Private Housing Finance Law § 1007: Rules and regulations

§ 1007. Rules and regulations. The commissioner shall issue rules and

regulations for the administration of this article. Such 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 corporations

which contract with the commissioner including standards and performance

criteria for continued, increased or decreased funding to insure the

corporations meet the objectives of this article and the objectives

outlined in their housing preservation and community renewal 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 such corporations within the limits of

available funding; protection of the interests of tenants in buildings

owned or managed by such corporations; and may include any provisions,

not inconsistent with the provisions of this article or other applicable

law, which the commissioner deems necessary or appropriate to carry out

the policy and purposes of this article. Such rules and regulations

shall prohibit any corporation 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.