2013 New York Consolidated Laws
PBH - Public Health
Article 46-A - (4650 - 4676) FEE-FOR-SERVICE CONTINUING CARE RETIREMENT COMMUNITIES DEMONSTRATION PROGRAM
4676 - Industrial development agency financing.

 
    §  4676.  Industrial  development  agency  financing.  Fee-for-service
  continuing  care  retirement  communities  developed  pursuant  to  this
  article  shall  be  eligible  for  industrial  development  financing in
  accordance with section forty-six hundred four-a of this chapter  except
  for  paragraphs b and g of subdivision two of such section and financing
  by any public benefit corporation authorized to make loans to continuing
  care retirement communities under  the  laws  of  this  state  provided,
  however, the operator of such fee-for-service continuing care retirement
  community   has   demonstrated  capability  to  comply  fully  with  the
  requirements  for  a  certificate  of  authority  and  has  obtained   a
  contingent  certificate  of  authority  pursuant  to  section  forty-six
  hundred fifty-five of this article and the operator has agreed  to  meet
  the requirements of article eighteen-A of the general municipal law.