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What is NYC RCNY § 48-04?

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(a) Grants may be awarded for Projects that will be constructed on private property, except as set forth in paragraph (b) of this section. (b) Grant applications involving Projects on property that is either (i) owned in whole or in part by the City and occupied by the potential Grantee on a long-term basis (e.g., purs

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Effective: 6/10/2017Last amended: 1/8/2020

§ 48-04 Eligible Property.

RCNY § 48-04

(a)Grants may be awarded for Projects that will be constructed on private property, except as set forth in paragraph (b) of this section.

(b)Grant applications involving Projects on property that is either (i) owned in whole or in part by the City and occupied by the potential Grantee on a long-term basis (e.g., pursuant to a ground lease or other land use agreement) or (ii) owned by another governmental entity or public authority, will be considered by the Department on a case-by-case basis. In evaluating applications involving property leased from the City, as described in (i), the Department will consider such factors as the length of the occupancy agreement and whether or not the lease or agreement is renewable. (Added City Record 5/11/2017, eff. 6/10/2017; amended City Record 12/9/2019, eff. 1/8/2020)

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