N.Y. Public Housing Law § 97: Procedure for municipal aid

§ 97. Procedure for municipal aid. Contracts for municipal loans or

subsidies to an authority or contracts for loans to a housing company

shall be approved in the same manner as is required for approval and

final authorization of capital projects or permanent improvements in

such municipality. The provisions of this section shall not apply to any

project commenced prior to the date of enactment of this chapter.