§ 1201 — Definitions

New York § 1201

• Jurisdiction: New York
• Law PVH: Private Housing Finance
• Art. 25: New York Access to Home Program

Text

§ 1201. Definitions. As used in this article:\n 1. "Corporation" shall mean the housing trust fund corporation\nestablished in section forty-five-a of this chapter.\n 2. "Eligible applicant" shall mean a city, town, village or\nnot-for-profit corporation in existence for a period of one or more\nyears prior to application, which is, or will be at the time of award,\nincorporated under the not-for-profit corporation law and has\nsubstantial experience in adapting or retrofitting homes for persons\nwith disabilities.\n 3. "Disabled veteran" shall mean a veteran who is certified by the\nUnited States department of veterans affairs or the department of\ndefense as entitled to receive disability payments upon the\ncertification of such department for a disability incurred by him or her\nin time of war.\n 4. "Access to home programs" or "programs" shall mean a series of\nactivities by an eligible applicant to administer funds to provide\neither loans or grants to homeowners and renters and to oversee the\nadaptation, retrofitting or repairs of eligible properties, provided\nthat such repairs are related to the habitability of an eligible\nproperty and such repairs are related to the adaptation or retrofitting\nof an eligible property.\n 5. "Eligible property" shall mean a housing unit that is the primary\nresidence of a person with a physical disability and a total household\nincome that does not exceed eighty percent of median income or a\ndisabled veteran who has a total household income that does not exceed\none hundred twenty percent of median income. A property shall not be\nconsidered an eligible property if the owner of the property is\notherwise obligated by federal, state or local law to provide the\nimprovements funded under this article.\n