Statute · New York Private Housing Finance Law
N.Y. Priv. Hous. Fin. Law § 1130 — Statement of legislative findings and purpose
N.Y. Priv. Hous. Fin. Law § 1130
- Type
- Statute
- Source
- New York Private Housing Finance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1130. Statement of legislative findings and purpose. The legislature hereby finds and declares that there exists throughout the state a serious shortage of affordable housing and that the cost of infrastructure improvements, such as sewer, water and utility lines, increases the cost of…
Citator
N.Y. Priv. Hous. Fin. Law § 1130 — Statement of legislative findings and purpose is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1130. Statement of legislative findings and purpose. The legislature hereby finds and declares that there exists throughout the state a serious shortage of affordable housing and that the cost of infrastructure improvements, such as sewer, water and utility lines, increases the cost of providing such housing. The legislature therefore determines that a demonstration program should be established to provide infrastructure development grants in conjunction with existing state, local and federal housing programs to eligible applicants to enable, aid and facilitate the development of affordable housing.