N.Y. Comp. Codes R. & Regs. tit. 9, § 2202.12
The administrator may grant an appropriate adjustment where he finds that there has been a rehabilitation or improvement of substandard or deteriorated housing accommodations which has been financed under a governmental program providing assistance through loans, loan insurance or tax abatement, or which has been undertaken under any other rehabilitation program not so financed but approved by the administrator.