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What does PHFL stand for?

PHFL stands for Private Housing Finance Law

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Military and Government

Samples in periodicals archive:

Currently, the Private Housing Finance Law authorizes refinancing of Mitchell-Lama mortgages under narrowly defined circumstances that do not address the physical and financial issues currently facing these developments.
Additionally, co-op and condo units with 421 exemptions, J-51 exemptions, or those that are totally exempt under the Private Housing Finance Law, such as Mitchell Lama Coops, Housing Development Fund Companies and Limited Equity Housing Corporations, are not eligible for the proposed relief unless participation in the other programs is waived by the board.
In addition, buildings formerly owned by the city and managed through the tenant's interim lease program, and thereafter converted to a not-for-profit housing cooperative corporation under the Business Corporation Law and the Private Housing Finance Law, are exempt from rent stabilization by law.