N.Y. Private Housing Finance Law § 665: Assistance by department of housing preservation and development

§ 665. Assistance by department of housing preservation and

development. The commissioner of housing preservation and development

and the department of housing preservation and development are hereby

designated to act for and in behalf of the corporation in servicing

mortgage loans of the corporation, and shall perform such functions and

services in connection with the making, servicing and collection of such

loans as shall be requested by the corporation. The corporation shall

pay to the department of housing preservation and development from any

moneys of the corporation available for such purposes such amounts as

are necessary to reimburse the department of housing preservation and

development for the reasonable cost of the services performed by the

commissioner of housing preservation and development and by the

department of housing preservation and development pursuant to this

section.