2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 16-A - (920 - 924) URBAN INITIATIVES
921 - Definitions.

 
    § 921. Definitions. As used in this article:
    1. "Commissioner" shall mean the commissioner of the state division of
  housing and community renewal.
    2.  "Division"  shall  mean  the  division  of  housing  and community
  renewal.
    3. "Eligible applicant" shall mean  a  not-for-profit  corporation  or
  charitable  organization,  organized  for a period of one or more years,
  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  and  has  been engaged primarily in community preservation
  activities.
    4. "Municipality" shall mean any unit of local government  within  the
  state with a population of more than twenty thousand persons.
    5.   "Neighborhood"   shall  mean  an  area  within  the  municipality
  identified by recognized or established  boundaries  consistent  with  a
  determination  of neighborhood eligibility under article sixteen of this
  chapter.
    6. "Urban initiatives projects" or "projects" shall  mean  a  specific
  work  or  series  of  works  for the revitalization and improvement of a
  neighborhood  through   creation,   preservation   or   improvement   of
  residential   housing   units;  preservation  or  improvement  of  local
  commercial facilities and public facilities or other aspects of the area
  environment  which  include  as  part  of  its  project  the   creation,
  preservation or improvement of residential housing units.
    7. "Persons of low income" shall mean those persons and families whose
  incomes  do  not  exceed  eighty  percent  of  the median income for the
  metropolitan statistical area in which a project is located.
    8.  "Corporation"  shall  mean  the  housing  trust  fund  corporation
  established in section forty-five-a of this chapter.
    9.  "Division  urban  initiatives  program"  shall  mean  the  program
  heretofore administered by the division pursuant to  appropriations  and
  reappropriations for the purposes of urban initiatives programs.