N.Y. Comp. Codes R. & Regs. tit. 9 § 1933.2
Current through Register Vol. 46, No. 45, November 2, 2024
The transfer of ownership and the terms and conditions of any transfer of ownership, resale, refinancing or additional financing of a project assisted hereunder must be submitted to the corporation for approval. Said approval shall be based upon various factors including, but not limited to, the needs of the project, compliance with the purposes of the program and the ability of the proposed transferee to operate the project. The corporation reserves the right to restructure or recapture any awards to a project as a condition of approval.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 1933.2