N.Y. Priv. Hous. Fin. Law § 1171

Current through 2024 NY Law Chapter 553

Section 1171 - Definitions

As used in this article:

1. "NAHA" shall mean the national affordable housing act, 42 U.S.C. 12701 - 12839.

2. "HOME program" shall mean subtitle A of title II of the national affordable housing act.

3. "Division" shall mean the division of housing and community renewal.

4. "HUD" shall mean the federal department of housing and urban development.

5. "HOME regulations" shall mean HUD regulations created pursuant to the national affordable housing act of 1990 as amended.

6. "Applicant" shall mean any entity eligible to receive grants or loans under the HOME program.

7. "CHAS" shall mean the New York state comprehensive housing affordability strategy prepared in accordance with the requirements of the national affordable housing act of 1990.

8. "Participating jurisdiction" shall mean a unit of general local government designated by HUD to receive HOME funds through a formula allocation.

9. "Non-participating jurisdiction" shall mean a unit of general local government which does not receive federal funds directly under the HOME program.

10. "Eligible activities" shall have the same meaning as set forth in the HOME regulations.

N.Y. Priv. Hous. Fin. Law § 1171