1836-D - Loan Preferences.

NY Pub Auth L § 1836-D (2019) (N/A)
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§ 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.