§ 1052 — Definitions

§ 1052. Definitions. As used in this article:\n (a) all terms defined in article seventeen of this chapter shall have\nthe same meanings herein as specified therein; and\n (b) the following terms shall have the following meanings:\n (1) "rural area revitalization project" means a specific work or\nseries of works for the revitalization and improvement of a region of\nthe rural area of the state through creation, preservation or\nimprovement of housing resources; creation, preservation or improvement\nof local commercial facilities; restoration or improvement of public\nfacilities or other aspects of the area environment; related community\npreservation or renewal activities; or any combination of the above.\n (2) "qualified applicant" means a not-for-profit corporation under\ncontract pursuant to article seventeen of this chapter or any other\nlocally based organization which is either incorporated under the\nnot-for-profit corporation law (or such law together with any other\napplicable law) or, if unincorporated, is not organized for the private\nprofit or benefit of its members.\n (3) "Corporation" means the housing trust fund corporation established\nin section forty-five-a of this chapter.\n