§ 451. Definitions. As used in this article the following terms shall
mean:

1. "Existing multiple dwelling." Any dwelling classified as a multiple
dwelling pursuant to the multiple dwelling law and in existence on the
date upon which an application for a loan pursuant to this article is
received by the municipality. For purposes of this article an existing
multiple dwelling shall be deemed to include any garden-type maisonette
dwelling project consisting of a series of dwelling units which together
and in their aggregate were arranged or designed to provide three or
more apartments and are provided as a group collectively with all
essential services such as, but not limited to, water supply, house
sewers and heat, and which are in existence and operated as a unit under
single ownership on the date upon which an application for a loan
pursuant to this article is received by the municipality,
notwithstanding that certificates of occupancy were issued for portions
thereof as private dwellings.

2. "Occupancy by persons of low income." Occupancy by "persons of low
income" or "families of low income," as such terms are defined in
section two of this chapter.

3. "Owner." An individual, partnership, corporation or other entity,
including a non-profit company, a mutual company, or a housing
development fund company, which holds record or beneficial title in fee
simple to the multiple dwelling and the real property upon which it is
situate or the lessee thereof under a lease the unexpired term of which
shall be not less than the term of the loan to be made under this
article.

4. "Federal grant funds." Any grants received from the United States
of America for community development activities or for the
rehabilitation or conservation of multiple dwellings.