Section 1111. Definitions

1.  "Home"  shall  mean  a  one to four family
  dwelling which has at least one owner occupant or an owner occupied unit
  in a cooperative or a condominium.
    2. "Eligible applicant" shall mean  a  city,  a  town,  a  village,  a
  housing development fund company incorporated pursuant to article eleven
  of   this   chapter,   any   not-for-profit  corporation  or  charitable
  organization which has as one of its primary purposes the improvement of
  housing or a municipal housing authority created pursuant to the  public
  housing  law, or a county, provided, however, that the county acts as an
  administrator  of  a  program  under  which  projects  are  constructed,
  rehabilitated  or  improved  by other eligible applicants or acts in any
  other capacity as permitted by law.
    3. "Grantee" shall mean an eligible applicant which operates a program
  of financial assistance pursuant to this article.
    4. "Owner" shall mean an individual who owns or agrees to  purchase  a
  home assisted under this program and to occupy it as his principal place
  of  residence  or  a partnership, corporation or other entity which will
  build or rehabilitate vacant properties for sale to home buyers.
    5. "Home buyers" shall mean individuals or households for  whom  there
  are  no other reasonable and affordable homeownership, rehabilitation or
  home improvement alternatives, as  the  case  may  be,  in  the  private
  market,  as  determined  by  the  grantee  and  who  shall occupy a home
  assisted under this article as their principal place of residence.
    6.  "Rehabilitation"  or  "home  improvement"  shall  mean  all   work
  necessary  to bring a structure into compliance with all applicable laws
  and  regulations  including  but  not  limited  to   the   installation,
  replacement  or  repair  of  heating,  plumbing,  electrical and related
  systems and the elimination of all hazardous and  immediately  hazardous
  violations  in the structure in accordance with state and local laws and
  regulations  of  state  and  local  agencies.  Rehabilitation  or   home
  improvement  may  also  include  reconstruction  or  work to improve the
  habitability or prolong the useful life of residential property.
    7. "Corporation" shall mean the affordable housing corporation created
  by section forty-five-b of this chapter.
    8. "Affordable home ownership development programs" or "Project" shall
  mean  the  rehabilitation,  improvement,  construction  or  acquisition,
  singly or in combination, of one or more homes.