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Current as of January 01, 2026 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - New York Consolidated Laws, Public Authorities Law - PBA § 1836-d. Loan preferences - last updated January 01, 2026 | https://codes.findlaw.com/ny/public-authorities-law/pba-sect-1836-d/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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