Section 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.