N.Y. Public Authorities Law § 1836-d: Loan preferences

§ 1836-d. Loan preferences. In approving applications for loans under

this subtitle, the authority shall give preference to projects which:

1. have a higher level of funding from the funding partners;

2. have the most direct impact on local economic development and the

creation or retention of employment opportunities;

3. are most likely to stimulate other private sector investments; and

4. are least speculative, and provide greatest assurance of repayment

of the loan.