PHFL definition

PHFL means the Private Housing Finance Law.
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PHFL means the New York Private Housing Finance Law.
Sample 1

Examples of PHFL in a sentence

  • For rehabilitation or conversion projects, Article 18 of the PHFL provides that legal occupants who remain in possession of their unit, or who are temporarily relocated during rehabilitation or conversion, are entitled to continue occupancy after project completion.

  • The statutory purpose of the HDF Program is further elaborated upon in Section 571 of PHFL.

  • Further, Section 576 of the PHFL restricts project occupancy to households with incomes not exceeding six times the total housing cost (rent plus utilities), except that for households with three or more dependents, the income must not exceed seven times the total housing cost.

  • This matter is subject to Council review and action at the request of HPD and pursuant to Section 577 of the PHFL.

  • Section:2.00PROGRAM DESCRIPTIONSSub Section:2.02Housing Development Fund Program 2.02.01 SummaryThe Housing Development Fund (HDF) is a revolving loan fund program established in 1966 under Article XI of the PHFL and administered by HCR.

  • Consent, pursuant to Section 123(4) of the PHFL, to the voluntary dissolution of the Current Owner.

  • In accordance with the said Scheme, PFL and PCL ceased to exist and stood amalgamated with PHFL.

  • Approve, pursuant to Section 125 of the PHFL, the termination of the Prior Exemption, which termination shall become effective one day preceding the conveyance of the Exemption Area from the Current Owner to the New Owner.

  • Equity and Regulatory Agreement: (HTF Program term) A document which establishes the regulation of the operation of the project, pursuant to Article 18 of the PHFL, the regulations and the policies and procedures of the Corporation.

  • In 2012, legislation was enacted amending Article XVI and Article XVII of the PHFL.

Related to PHFL

  • DGS&D means Directorate General of Supplies and Disposals

  • the Seller means the person so described in the Order;

  • The Vendor means the person, firm, company or organization on whom the Purchase Order is placed and shall be deemed to include the vendor’s successors, representative heirs, executors and administrator as the case may be. It may also be referred to as Seller, Contractor or Supplier.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Retail seller means any person that sells any dangerous drug to consumers without assuming control over and responsibility for its administration. Mere advice or instructions regarding administration do not constitute control or establish responsibility.

  • CTC means Canadian Tire Corporation, Limited together with its Subsidiaries (excluding the REIT and the REIT’s Subsidiaries), or, as the context requires, any of them.

  • AMC means Annual Maintenance Contract

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • Buyer has the meaning set forth in the preamble.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • NMLS means the Nationwide Multistate Licensing System and Registry, Nationwide Mortgage Licensing Sys- tem, NMLSR, or such other name or acronym as may be assigned to the multistate system developed by the Confer- ence of State Bank Supervisors and the American Associa- tion of Residential Mortgage Regulators and owned and operated by the state regulatory registry, LLC, or any succes- sor or affiliated entity, for the licensing and registration of persons in the mortgage and other financial services indus- tries.

  • ACE means the instantaneous difference between a Balancing Authority’s net actual and scheduled interchange, taking into account the effects of Frequency Bias and correction for meter error.