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.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 2202.12