New York Statutes

§ 901 — Declaration of legislative findings

New York·Law PVH Private Housing Finance·Art. 16 Neighborhood Preservation Companies
§ 901. Declaration of legislative findings. The legislature hereby\nfinds and declares that there has developed in recent years, in various\nmunicipalities of the state, a growth of community-based not-for-profit\norganizations, originating for the most part within and organized by\nresidents of neighborhoods which are characterized by a predominance of\nresidents of low income and a residential housing stock which is largely\nold, deteriorating and substandard.\n The legislature further finds that the involvement of the residents of\nvarious municipalities of the state in neighborhood preservation\nactivities in their respective neighborhoods, through the media of\nlocally-based, not-for-profit organizations responsive to the needs of\nthe residents, is in the public interest and may b

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