Administrative Code. "Administrative Code" shall mean the Administrative Code of the City.
Building. "Building" shall mean any multiple dwelling which is occupied by Tenants and (prior to Disposition) owned by the City, including any vacant land adjacent thereto, which is or may be the subject of a Project.
City. "City" shall mean the City of New York.
Commissioner. "Commissioner" shall mean the Commissioner of HPD or his or her designee.
DHCR. "DHCR" shall mean the State of New York Division of Housing and Community Renewal.
Disposition. "Disposition" shall mean the date of title transfer of a Building from the City to a Sponsor.
Final Selection. "Final Selection" shall mean a decision by HPD to select a Building for the Program.
FMR. "FMR" shall mean the fair market rent set by the § 8 program or any other successor program of the United States Department of Housing and Urban Development.
Housing Maintenance Code. "Housing Maintenance Code" shall mean Chapter 2 of Title 27 of the Administrative Code.
HPD. "HPD" shall mean the Department of Housing Preservation and Development of the City, or its designee.
Intake Rent. "Intake Rent" shall mean the rent set by HPD which takes effect after Project Commencement.
Interim Payment Agreement. "Interim Payment Agreement" shall mean an agreement entered into between HPD, the Sponsor and a Tenant eligible for rental assistance to temporarily accept less than the full rent from the Tenant prior to the provision of rental assistance.
Laws. "Laws" shall mean any and all applicable laws, ordinances, orders, rules and regulations.
Lessee. "Lessee" shall mean the Sponsor during the period between Project Commencement and Disposition if HPD and Sponsor enter into a temporary lease of the Building.
Post-Rehabilitation Rent. "Post-Rehabilitation Rent" shall mean the rent set by HPD which takes effect after Substantial Completion.
Preliminary Selection. "Preliminary Selection" shall mean a preliminary determination by HPD to select a Building for the Program.
Program. "Program" shall mean the Neighborhood Redevelopment Program.
Project. "Project" shall mean a project in the Program.
Project Activity. "Project Activity" shall mean any activity performed or required to be performed by the Sponsor in connection with a Project.
Project Commencement. "Project Commencement" shall mean the date the Project has commenced, as set forth in the notice described in 28 RCNY § 30-04(e).
Qualified Not-For-Profit Corporation. "Qualified Not-For-Profit Corporation" shall mean a not-for-profit entity selected by HPD to participate in the Program.
Rehabilitation. "Rehabilitation" shall mean the installation, replacement, or repair of one or more Building systems or the correction of inadequate, unsafe, or insanitary conditions.
Rules. "Rules" shall mean the rules set forth in this chapter.
Sponsor. "Sponsor" shall mean the entity selected by HPD to lease, own and/or develop the Project, and any entity substantially controlled by such Sponsor.
Subsidy. "Subsidy" shall mean a loan or a grant made by HPD to a Sponsor for Project Activities.
Substantial Completion. "Substantial Completion" shall mean the date on which HPD certifies that (a) construction work comprising at least 95 percent of the approved Rehabilitation cost has been satisfactorily completed, and (b) all work required to remove Housing Maintenance Code violations which were of record before the Rehabilitation of the Building and were then classified as "B" and "C" has been completed.
Tenants. "Tenants" shall mean residential tenants of record occupying a dwelling unit in a Building. Other residential occupants, such as squatters and licensees, are not Tenants. Non-residential tenants or occupants, such as those who occupy space in a Building for retail, commercial, manufacturing, or community facility purposes, are not Tenants.
(a) Coverage. These Rules govern the procedures for: selecting Buildings for the Program, selecting Sponsors for the Program, providing Subsidies for Projects, Project operation, determination and establishment of rents, and providing notices to Tenants. Buildings in the Program shall be subject to these Rules.
(b) Program Description. Under the Program, titles to Buildings will be conveyed to Sponsors who will thereafter be responsible for the Rehabilitation of such Buildings. Sale of the Buildings will be pursuant to applicable Laws and each Disposition will require approval of the Mayor and the City Council, acting in their respective capacities pursuant to such Laws.
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