N.Y. Private Housing Finance Law § 1201: Definitions

§ 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, retrofitting or repairs of eligible properties, provided

that such repairs are related to the habitability of an eligible

property and such repairs are related to the adaptation or retrofitting

of an eligible property.

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.