New York Laws
Sub Title 7 - Subtitle Vii Special Project Development
1837-A - Definitions.

ยง 1837-a. Definitions. When used in this subtitle unless the context
otherwise requires:

1. "Eligible project" means the acquisition, renovation,
rehabilitation or development of property necessary to commence and
complete operation of projects that are not primarily residential nor
retail businesses or enterprises, other than manufacturing and
industrial plants, that promote, facilitate or encourage employment and
economic development, including day care, commercial production and
incubators primarily used for commercial purposes that will result in
the creation or retention of employment.

2. "Eligible project cost" includes all reasonable and necessary costs
and fees related to the acquisition, renovation, or rehabilitation of
the project, including, but not limited to, acquisition, construction,
land acquisition, improvements, easements, rights of way, equipment,
contract and/or license rights, and related technical, engineering,
legal and financial services.