(b) The commissioner shall establish criteria for prioritizing loan
applications in the event that the requisitions submitted to the
commissioner by one or more local loan administrators exceed the amount
then available for the purposes of this section. Such criteria shall
give a priority to housing for farmworkers and take into account: (i)
whether the farmworker housing project to which the application pertains
is for the purpose of bringing non-conforming accommodations in
compliance with the provisions of the state sanitary code or the state
fire prevention and building code; (ii) whether the farmworker housing
project to which the application pertains is the most cost effective
approach to enable the agricultural producer to construct or
rehabilitate dwelling accommodations for farmworkers; (iii) whether the
agricultural producer making application lacks the financial resources
to undertake the farmworker housing project without obtaining a loan
pursuant to this section; and (iv) such other factors as the
commissioner deems relevant. In applying the criteria to be utilized for
prioritizing loans, the commissioner shall be entitled to rely on the
information contained in the copies of the applications submitted with
the requisition.
Structure New York Laws
Article 11 - Housing Development Fund Companies
571 - Statement of Legislative Findings and Purposes.
573 - Incorporation and Organization of Non-Profit Housing Corporations.
574-A - Municipal Housing Development Fund.
575 - Advances; Conditions; Repayment.
576-A - Acquisition and Disposition of Real Property by Municipality.
576-B - Special Provisions With Respect to State Urban Development Corporation Projects.
576-C - Loans to Housing Development Companies by a Municipality.
576-D - Master Servicing Agreement.
576-E - Municipal Housing Assistance Fund.
577-A - Adjusting Fair Rental Equalization for the Elderly.
577-B - Payment of Arrears for Certain Taxes.
578 - Advisory and Educational Services.
580 - Examination by Comptroller.