New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 21. Miscellaneous |
Chapter XXXV. New York State Housing Finance Agency |
Subchapter B. Affordable Home Ownership Development Program |
Part 2162. Grants |
Sec. 2162.2. Eligible costs
Latest version.
- Grant funds may be used only for the construction, rehabilitation or improvement of one- to four-family dwellings, including cooperatives and condominiums, which are or will be owner- occupied. Grant funds may be used for the acquisition of property only as part of projects and programs for the construction or rehabilitation of homes.