Section 1131. Definitions  


Latest version.
  • 1.  "Eligible  applicant"  shall mean a public
      benefit   corporation,   not-for-profit   corporation   or    charitable
      organization  whose  purpose includes the construction or rehabilitation
      of affordable housing or a municipality.
        2.  "Infrastructure  improvements"  shall  mean  the  installation  or
      upgrading  of  water  and  sewer  lines  to  a  public  connection,  the
      installation or upgrading of private wells and sanitary  systems,  storm
      sewers and road and sidewalk construction where required by local zoning
      ordinances and the installation of gas and electric lines and other site
      improvements  or site preparation which is necessary for the creation of
      affordable housing.
        3. "Affordable housing project" shall mean residential  housing  being
      rehabilitated  or  constructed  in  conjunction with a state, federal or
      local program to produce affordable housing.
        4. "Agency" shall mean the New York state housing finance agency.
        5. "Municipality" shall mean a county, city, town or village.