{"data":{"id":"us-ny/n.y.-urban-development-guarantee-fund-of-new-york-175-68-9","jurisdiction":"us-ny","citation":"N.Y. Urban development guarantee fund of New York 175/68 § 9","heading":"Conditions for guarantee","body":"§ 9. Conditions for guarantee. In order for a loan to be guaranteed\nunder the provisions of this act, the loan to be guaranteed must be\nexecuted by a borrower to whom credit is not reasonably available, and\nin the case of a borrower undertaking a housing project, provide\nfinancing for the acquisition, construction, reconstruction or\nrehabilitation of housing accommodations for persons or families which\ncannot afford safe and sanitary housing accommodations provided by the\nunaided efforts of private enterprise.","path":["Urban development guarantee fund of New York 175/68"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UDG/9","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"3e828bcb58aeb4334bbaf40f8de7b08d2d5c1a8fbd457422bd1200ec1404b98c","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-urban-development-guarantee-fund-of-new-york-175-68-8","next":"us-ny/n.y.-urban-development-guarantee-fund-of-new-york-175-68-10"},"notice":"GroundRules: Original legal text. Not legal advice."}