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This entry was published on 2024-07-05
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SECTION 456
Minimization of displacement
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 8-A
* § 456. Minimization of displacement. The supervising agency shall
use its best efforts to ensure that activities carried out pursuant to
subdivisions seven and eight of section four hundred fifty-two of this
article are structured so as to minimize the likelihood of any
involuntary economic displacement of tenants who reside in multiple
dwellings which are the subject of such activities. However, if
temporary physical displacement is required as a direct result of
rehabilitation work which is performed in such multiple dwelling
receiving a loan pursuant to this article suitable temporary relocation
arrangements shall be provided.

* NB Expires July 1, 2027