2016 New York Laws
PVH - Private Housing Finance
Article 17-B - (Private Housing Finance) RURAL AREA REVITALIZATION PROJECTS
1051 - Legislative findings and statement of policy.

  1051. Legislative findings and statement of policy. The legislature
  hereby finds and declares that there exists  in  many  portions  of  the
  rural  areas  of  the  state  substantial  needs  for revitalization and
  improvement of housing and of local commercial and  service  facilities,
  and  for related community renewal activities. The findings set forth in
  article seventeen of this chapter, with respect to the special needs and
  problems of such areas and the significant  potential  role  of  locally
  based  not-for-profit  organizations  in helping to meet such needs, are
  hereby reaffirmed. The legislature hereby determines that,  in  addition
  to the program of state support to help meet the administrative expenses
  of  such  organizations  under  article seventeen, a further public need
  exists for  state  funding  of  a  portion  of  the  costs  of  specific
  revitalization  projects  carried  out  by such groups and similar local
  organizations. It is the purpose of this article to encourage  community
  preservation  and  improvement  in  the  rural  area  of  the  state  by
  establishing a program of such funding.