2016 New York Laws
PVH - Private Housing Finance
Article 17-A - (Private Housing Finance) RENTAL ASSISTANCE PROGRAM FOR RURAL AREAS
1021 - Definitions.

  1021.  Definitions.  As  used  in this article, any term defined in
  article seventeen of this chapter shall have the same meaning herein  as
  set  forth  therein  and  the  following  terms shall have the following
  meanings:
1. "Federal  assistance"  means  assistance  from  the  Farmer's  Home
  Administration  pursuant  to title five of the United States Housing Act
  of 1949.
2. "Eligible sponsor" means either a corporation organized pursuant to
  the not-for-profit  corporation  law,  a  public  housing  authority  as
  defined  pursuant  to  subdivision  two  of  section three of the public
  housing law, or an eligible borrower as defined in Title V of the United
  States Housing Act of 1949.
3. "Eligible project" means a housing project located in a rural  area
  which  is  to  be owned or operated by an eligible sponsor and which has
  received (or which the sponsor has demonstrated to the  satisfaction  of
  the commissioner will receive) federal assistance.