{"data":{"id":"us-ny/n.y.-private-housing-finance-law-1261","jurisdiction":"us-ny","citation":"N.Y. Private Housing Finance Law § 1261","heading":"Definitions","body":"§ 1261. 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 unit of local government 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 been\nengaged primarily in housing and community development activities.\n  3. \"Residential emergency services to offer home repairs to the\nelderly programs\" shall mean a series of activities by an eligible\napplicant to administer funds to provide either loans or grants to\nhomeowners sixty years of age or older, with a household income of less\nthan one hundred percent of the area median income, to oversee the\nadaptation or retrofitting of eligible properties.\n  4. \"Eligible property\" shall mean a housing unit that is the primary\nresidence of a person that is sixty years of age or older and have a\nhousehold income that does not exceed one hundred percent of the area\nmedian income.","path":["Private Housing Finance Law","Article 29. Residential Emergency Services to Offer Home Repairs to the Elderly Program"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PVH/1261","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"1bbcc1244e55476472f9a96e548edb0704a702296dfb33400aa87c868dbd7cc1","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-private-housing-finance-law-1260","next":"us-ny/n.y.-private-housing-finance-law-1262"},"notice":"GroundRules: Original legal text. Not legal advice."}