N.Y. Public Housing Law § 102

§ 102. Authorization to make subsidies for the aid, care and support\nof the needy. Notwithstanding the provisions of section ninety-four of\nthis article, a municipality is authorized to make or contract to make\ncapital subsidies for the construction, reconstruction, development and\ncapital improvement of public housing to an authority operating within\nthe territorial limits of such municipality, payable either with moneys\nlocally appropriated therefor from the general fund or other funds\navailable for current expenses of such municipality or from the proceeds\nof borrowings or other moneys available from the capital fund or other\nfunds available for capital improvements of such municipality.\n