New York § 1230 Statement of legislative findings and purpose

New York Statutes

§ 1230 — Statement of legislative findings and purpose

New York § 1230

Law PVHPrivate Housing Finance

Art. 27Rural and Urban Community Investment Fund Program

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N.Y. Private Housing Finance § 1230 (2026).

Text

  § 1230. Statement of legislative findings and purpose. The legislature\nfinds and declares that there exists in New York state a serious need to\nassist communities with the creation and improvement of affordable\nhousing, and the commercial, retail and community facilities related to\nmixed use affordable residential developments. Locally based\nnot-for-profit organizations play a significant role in addressing the\nunique characteristics of rural and urban communities. Partnerships,\nalliances and collaborations with corporate entities, to the extent\npracticable, will foster cross-sector collaboration in order to build a\ndiverse community support system. The legislature finds that, in both\nrural and urban areas of the state, a program should be established to\nfund the creation, pre

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§ 1230. Statement of legislative findings and purpose. The legislature\nfinds and declares that there exists in New York state a serious need to\nassist communities with the creation and improvement of affordable\nhousing, and the commercial, retail and community facilities related to\nmixed use affordable residential developments. Locally based\nnot-for-profit organizations play a significant role in addressing the\nunique characteristics of rural and urban communities. Partnerships,\nalliances and collaborations with corporate entities, to the extent\npracticable, will foster cross-sector collaboration in order to build a\ndiverse community support system. The legislature finds that, in both\nrural and urban areas of the state, a program should be established to\nfund the creation, preservation and/or improvement of affordable\nhousing; or the creation, preservation or improvement of the commercial,\nretail or community facilities component of mixed use affordable\nresidential developments.\n