Statute · New York Public Authorities Law

N.Y. Pub. Auth. Law § 1837 — Legislative findings

N.Y. Pub. Auth. Law § 1837

Type
Statute
Source
New York Public Authorities Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 1837. Legislative findings. The legislature hereby finds that one of the major concerns of the existing economy is the limited access to financing assistance of businesses and services that support or facilitate employment and economic development, but are not themselves directly involved in…

Citator

N.Y. Pub. Auth. Law § 1837 — Legislative findings is in force in the current edition of the Code, and nothing recorded condemns it.

§ 1837. Legislative findings. The legislature hereby finds that one of the major concerns of the existing economy is the limited access to financing assistance of businesses and services that support or facilitate employment and economic development, but are not themselves directly involved in manufacturing or industrial production.

It is the purpose of this subtitle to encourage the development of community development projects that promote and enhance economic development by providing loans and loan guarantees at a reasonable cost.