N.Y. Pub. Auth. Law § 1836-D

Current through 2024 NY Law Chapter 443

Section 1836-D - Loan preferences

In approving applications for loans under this subtitle, the authority shall give preference to projects which:

1. have a higher level of funding from the funding partners;

2. have the most direct impact on local economic development and the creation or retention of employment opportunities;

3. are most likely to stimulate other private sector investments; and

4. are least speculative, and provide greatest assurance of repayment of the loan.

N.Y. Pub. Auth. Law § 1836-D