Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1836-d — Loan preferences
N.Y. Pub. Auth. Law § 1836-d
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1836-d. Loan preferences. In approving applications for loans under this subtitle, the authority shall give preference to projects which:
Citator
N.Y. Pub. Auth. Law § 1836-d — Loan preferences is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1836-d. Loan preferences. In approving applications for loans under this subtitle, the authority shall give preference to projects which:
1. have a higher level of funding from the funding partners;
2. have the most direct impact on local economic development and the creation or retention of employment opportunities;
3. are most likely to stimulate other private sector investments; and
4. are least speculative, and provide greatest assurance of repayment of the loan.