§ 1130. Statement of legislative findings and purpose. The legislature\nhereby finds and declares that there exists throughout the state a\nserious shortage of affordable housing and that the cost of\ninfrastructure improvements, such as sewer, water and utility lines,\nincreases the cost of providing such housing. The legislature therefore\ndetermines that a demonstration program should be established to provide\ninfrastructure development grants in conjunction with existing state,\nlocal and federal housing programs to eligible applicants to enable, aid\nand facilitate the development of affordable housing.\n
N.Y. Private Housing Finance Law § 1130
Statement of legislative findings and purpose
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.