N.Y. Comp. Codes R. & Regs. tit. 9 § 1901.1

Current through Register Vol. 46, No. 45, November 2, 2024

Section 1901.1 - Applicant eligibility

(a) Other than individuals or municipalities, an applicant must have been in existence as a bona fide organization for at least one full year prior to the date of application and have as one of its primary purposes the improvement of housing for persons of low income, including but not limited to activities which are designed to construct, maintain, preserve, repair, renovate, upgrade, improve, modernize, rehabilitate or otherwise prolong the useful life, and to manage and coordinate the construction and rehabilitation of residential property. In cases of partnerships, the existence of a partner who has controlling interest in the partnership or its parent may be used to determine the partnership's term of existence, if that partner or its parent would otherwise qualify as an eligible applicant. In cases of a wholly owned subsidiary which would otherwise be eligible, the term of its parent may be used to determine the subsidiary's term of existence, if that parent itself would qualify as an eligible applicant. Private developers are not required to have as a primary purpose the improvement of housing for persons of low income.

(b) An eligible recipient must have been a person of low income in the year prior to application to reside in the project.

(c) In the case of a shared housing project, each person or family whose occupancy is to be based on a separate lease or title of ownership shall be considered a separate applicant.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 1901.1