N.Y. Comp. Codes R. & Regs. tit. 21, § 4230.4 – Eligible and ineligible uses of program assistance.

(a) Program assistance may be sought and used for the purposes set forth in the descriptions herein of each form of program assistance.
(b) Program assistance shall not be used for any of the following purposes:
1. (1) refinancing, retiring or liquidating existing debt or equity;
2. (2) residential construction projects, except for government-sponsored projects;
3. (3) payment of any tax arrearage; and
4. (4) payment of any employee benefit arrearage.