2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 27 - (1230 - 1232) RURAL AND URBAN COMMUNITY INVESTMENT FUND PROGRAM
1230 - Statement of legislative findings and purpose.


NY Priv Hous Fin L § 1230 (2012) What's This?
 
    § 1230. Statement of legislative findings and purpose. The legislature
  finds and declares that there exists in New York state a serious need to
  assist  communities  with  the  creation  and  improvement of affordable
  housing, and the commercial, retail and community facilities related  to
  mixed   use   affordable   residential   developments.   Locally   based
  not-for-profit organizations play a significant role in  addressing  the
  unique  characteristics  of  rural  and urban communities. Partnerships,
  alliances and collaborations with  corporate  entities,  to  the  extent
  practicable,  will foster cross-sector collaboration in order to build a
  diverse community support system. The legislature finds  that,  in  both
  rural  and  urban areas of the state, a program should be established to
  fund  the  creation,  preservation  and/or  improvement  of   affordable
  housing; or the creation, preservation or improvement of the commercial,
  retail  or  community  facilities  component  of  mixed  use  affordable
  residential developments.

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