§ 52-27d-369

52:27D-369. Definitions As used in this act: a. 'Commissioner' means the Commissioner of the Department of Community Affairs; b. 'Corporation' means a neighborhood housing services corporation or umbrella corporation, as defined hereinafter, unless the context indicates otherwise; c. 'Department' means the Department of Community Affairs; d. 'Fund' means the Neighborhood Housing Services Grant Fund established pursuant to section 5 of this act; e. 'Housing rehabilitation loan' means any loan made by a neighborhood housing services corporation or umbrella corporation to a homeowner pursuant to section 7 of this act; f. 'Neighborhood housing services corporation' means a private, nonprofit, community-based corporation organized under Title 15A of the New Jersey Statutes to develop and administer a local neighborhood housing services program, established in connection with the National Neighborhood Reinvestment Corporation or recognized by the commissioner as substantially the equivalent of a corporation so established; g. 'Neighborhood housing services program' means a program which is established and supervised by a neighborhood housing services corporation for the purpose of

alent of a corporation so established; g. 'Neighborhood housing services program' means a program which is established and supervised by a neighborhood housing services corporation for the purpose of administering the corporation's goals and services within a specific neighborhood; h. 'Residential borrower' means any homeowner who has entered into a contract for a loan with a neighborhood housing services corporation or umbrella corporation as provided in section 7 of this act; and i. 'Umbrella corporation' means a neighborhood housing services corporation which establishes and supervises two or more neighborhood housing services corporations. L. 1987, c. 50, s. 4.