{"data":{"id":"us-ny/n.y.-private-housing-finance-law-1021","jurisdiction":"us-ny","citation":"N.Y. Private Housing Finance Law § 1021","heading":"Definitions","body":"§ 1021. Definitions. As used in this article, any term defined in\narticle seventeen of this chapter shall have the same meaning herein as\nset forth therein and the following terms shall have the following\nmeanings:\n  1. \"Federal assistance\" means assistance from the Farmer's Home\nAdministration pursuant to title five of the United States Housing Act\nof 1949.\n  2. \"Eligible sponsor\" means either a corporation organized pursuant to\nthe not-for-profit corporation law, a public housing authority as\ndefined pursuant to subdivision two of section three of the public\nhousing law, or an eligible borrower as defined in Title V of the United\nStates Housing Act of 1949.\n  3. \"Eligible project\" means a housing project located in a rural area\nwhich is to be owned or operated by an eligible sponsor and which has\nreceived (or which the sponsor has demonstrated to the satisfaction of\nthe commissioner will receive) federal assistance.","path":["Private Housing Finance Law","Article 17-A. Rental Assistance Program For Rural Areas"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PVH/1021","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"9fbe53d3316e1f997acf94a2ea46f16f284b786d1dac8fce22750961d8b6e7bd","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-private-housing-finance-law-1020","next":"us-ny/n.y.-private-housing-finance-law-1023"},"notice":"GroundRules: Original legal text. Not legal advice."}