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This entry was published on 2014-09-22
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SECTION 921
Definitions
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 16-A
§ 921. Definitions. As used in this article:

1. "Commissioner" shall mean the commissioner of the state division of
housing and community renewal.

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

3. "Eligible applicant" shall mean a not-for-profit corporation or
charitable organization, organized for a period of one or more years,
which is either incorporated under the not-for-profit corporation law
(or such law together with any other applicable law) or, if
unincorporated, is not organized for the private profit or benefit of
its members and has been engaged primarily in community preservation
activities.

4. "Municipality" shall mean any unit of local government within the
state with a population of more than twenty thousand persons.

5. "Neighborhood" shall mean an area within the municipality
identified by recognized or established boundaries consistent with a
determination of neighborhood eligibility under article sixteen of this
chapter.

6. "Urban initiatives projects" or "projects" shall mean a specific
work or series of works for the revitalization and improvement of a
neighborhood through creation, preservation or improvement of
residential housing units; preservation or improvement of local
commercial facilities and public facilities or other aspects of the area
environment which include as part of its project the creation,
preservation or improvement of residential housing units.

7. "Persons of low income" shall mean those persons and families whose
incomes do not exceed eighty percent of the median income for the
metropolitan statistical area in which a project is located.

8. "Corporation" shall mean the housing trust fund corporation
established in section forty-five-a of this chapter.

9. "Division urban initiatives program" shall mean the program
heretofore administered by the division pursuant to appropriations and
reappropriations for the purposes of urban initiatives programs.