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N.Y. Pub. Auth. Law § 1836-d

Loan preferences

2014-09-22

§ 1836-d. Loan preferences. In approving applications for loans under\nthis subtitle, the authority shall give preference to projects which:\n 1. have a higher level of funding from the funding partners;\n 2. have the most direct impact on local economic development and the\ncreation or retention of employment opportunities;\n 3. are most likely to stimulate other private sector investments; and\n 4. are least speculative, and provide greatest assurance of repayment\nof the loan.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.