2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 25 - (1200 - 1202) NEW YORK ACCESS TO HOME PROGRAM
1201 - Definitions.


NY Priv Hous Fin L § 1201 (2012) What's This?
 
    § 1201. Definitions. As used in this article:
    1.  "Corporation"  shall  mean  the  housing  trust  fund  corporation
  established in section forty-five-a of this chapter.
    2.  "Eligible  applicant"  shall  mean  a  city,  town,   village   or
  not-for-profit  corporation  in  existence  for  a period of one or more
  years prior to application, which is, or will be at the time  of  award,
  incorporated   under   the   not-for-profit   corporation  law  and  has
  substantial experience in adapting or  retrofitting  homes  for  persons
  with disabilities.
    3.  "Disabled  veteran"  shall  mean a veteran who is certified by the
  United States department  of  veterans  affairs  or  the  department  of
  defense   as   entitled   to   receive   disability  payments  upon  the
  certification of such department for a disability incurred by him or her
  in time of war.
    4. "Access to home programs" or "programs"  shall  mean  a  series  of
  activities  by  an  eligible  applicant  to  administer funds to provide
  either loans or grants to homeowners and  renters  and  to  oversee  the
  adaptation or retrofitting of eligible properties.
    5.  "Eligible  property" shall mean a housing unit that is the primary
  residence of a person with a physical disability and a  total  household
  income  that  does  not  exceed  eighty  percent  of  median income or a
  disabled veteran who has a total household income that does  not  exceed
  one  hundred  twenty  percent  of median income. A property shall not be
  considered an  eligible  property  if  the  owner  of  the  property  is
  otherwise  obligated  by  federal,  state  or  local  law to provide the
  improvements funded under this article.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.