N.Y. Private Housing Finance Law § 1052
Definitions
New York · New York Private Housing Finance Law · Status: effective · Effective 2014-09-22
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- N.Y. Private Housing Finance Law § 1052, Definitions, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1126180
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§ 1052. Definitions. As used in this article:
(a) all terms defined in article seventeen of this chapter shall have
the same meanings herein as specified therein; and
(b) the following terms shall have the following meanings:
(1) "rural area revitalization project" means a specific work or
series of works for the revitalization and improvement of a region of
the rural area of the state through creation, preservation or
improvement of housing resources; creation, preservation or improvement
of local commercial facilities; restoration or improvement of public
facilities or other aspects of the area environment; related community
preservation or renewal activities; or any combination of the above.
(2) "qualified applicant" means a not-for-profit corporation under
contract pursuant to article seventeen of this chapter or any other
locally based organization which is either incorporated under the
not-for-profit corporation law (or such law together with any other
applicable law) or, if unincorporated, is not organized for the private
profit or benefit of its members.
(3) "Corporation" means the housing trust fund corporation established
in section forty-five-a of this chapter.