This text of New York § 1111 (Definitions) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§ 1111. Definitions.
1."Home" shall mean a one to four family\ndwelling which has at least one owner occupant or an owner occupied unit\nin a cooperative or a condominium.\n 2. "Eligible applicant" shall mean a city, a town, a village, a\nhousing development fund company incorporated pursuant to article eleven\nof this chapter, any not-for-profit corporation or charitable\norganization which has as one of its primary purposes the improvement of\nhousing or a municipal housing authority created pursuant to the public\nhousing law, or a public benefit corporation formed to assist particular\nmunicipalities with their housing, community development or renewal\nneeds, or a county, provided, however, that the county acts as an\nadministrator of a program under which projects are constructed
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§ 1111. Definitions. 1. "Home" shall mean a one to four family\ndwelling which has at least one owner occupant or an owner occupied unit\nin a cooperative or a condominium.\n 2. "Eligible applicant" shall mean a city, a town, a village, a\nhousing development fund company incorporated pursuant to article eleven\nof this chapter, any not-for-profit corporation or charitable\norganization which has as one of its primary purposes the improvement of\nhousing or a municipal housing authority created pursuant to the public\nhousing law, or a public benefit corporation formed to assist particular\nmunicipalities with their housing, community development or renewal\nneeds, or a county, provided, however, that the county acts as an\nadministrator of a program under which projects are constructed,\nrehabilitated or improved by other eligible applicants or acts in any\nother capacity as permitted by law.\n 3. "Grantee" shall mean an eligible applicant which operates a program\nof financial assistance pursuant to this article.\n 4. "Owner" shall mean an individual who owns or agrees to purchase a\nhome assisted under this program and to occupy it as his principal place\nof residence or a partnership, corporation or other entity which will\nbuild or rehabilitate vacant properties for sale to home buyers.\n 5. "Home buyers" shall mean individuals or households for whom there\nare no other reasonable and affordable homeownership, rehabilitation or\nhome improvement alternatives, as the case may be, in the private\nmarket, as determined by the grantee and who shall occupy a home\nassisted under this article as their principal place of residence.\n 6. "Rehabilitation" or "home improvement" shall mean all work\nnecessary to bring a structure into compliance with all applicable laws\nand regulations including but not limited to the installation,\nreplacement or repair of heating, plumbing, electrical and related\nsystems and the elimination of all hazardous and immediately hazardous\nviolations in the structure in accordance with state and local laws and\nregulations of state and local agencies. Rehabilitation or home\nimprovement may also include reconstruction or work to improve the\nhabitability or prolong the useful life of residential property.\n 7. "Corporation" shall mean the affordable housing corporation created\nby section forty-five-b of this chapter.\n 8. "Affordable home ownership development programs" or "Project" shall\nmean the rehabilitation, improvement, construction or acquisition,\nsingly or in combination, of one or more homes.\n