New York Laws
Sub Title 4 - Subtitle Iv Financial Assistance Generally
1826 - The Project Occupant.

§ 1826. The project occupant. The project occupant must be found by
the authority to be financially responsible and presumptively able to
comply with the terms and conditions of any lease, mortgage or other
agreement made by it with the authority or a local development
corporation in respect of the project. In making this finding, the
authority shall consider all information reasonably available to it,
including information as to the business reputation of the project
occupant, the character and ability of its management, the adequacy of
its financial resources, the market demand for its products, the
adequacy of its distribution methods, its past earnings and the
likelihood that it can successfully meet any required payments under
such lease, mortgage or other agreement out of current income.

Structure New York Laws