Senate Bill S3940A

2017-2018 Legislative Session

Establishes a New York Main Street development center in the division of housing and community renewal

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2017-S3940 - Details

Current Committee:
Assembly Housing
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 29 §§1300 & 1301, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2013-2014: S5506
2015-2016: S2279
2019-2020: S955, S5170
2021-2022: S3132
2023-2024: S6518

2017-S3940 - Summary

Establishes a New York Main Street development center in the division of housing and community renewal.

2017-S3940 - Sponsor Memo

2017-S3940 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3940
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 30, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Housing, Construction  and
   Community Development
 
 AN  ACT  to amend the private housing finance law, in relation to estab-
   lishing a New York Main Street development center

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. The private housing finance law is amended by adding a new
 article 28 to read as follows:
                              ARTICLE XXVIII
                           NEW YORK MAIN STREET
                            DEVELOPMENT CENTER
 SECTION 1300. LEGISLATIVE INTENT.
         1301. NEW YORK MAIN STREET DEVELOPMENT CENTER.
   § 1300. LEGISLATIVE INTENT. THE LEGISLATURE  HEREBY  FINDS  THAT  WITH
 AFFORDABLE  HOUSING  IN  INCREASINGLY  SHORT  SUPPLY,  THE NEW YORK MAIN
 STREET DEVELOPMENT CENTER WILL NOT ONLY BE THE  CATALYST  FOR  COMMUNITY
 RENEWAL, BUT ALSO ADDRESS THE CRITICAL NEED TO PROVIDE AFFORDABLE OPPOR-
 TUNITIES  ACROSS  THE  STATE.  MAIN STREETS AND DOWNTOWN BUILDINGS COULD
 SERVE AS THE PRIMARY LOCATION FOR NEW HOUSING  OPPORTUNITIES  THROUGHOUT
 THIS  STATE.  MAIN STREETS AND DOWNTOWN BUSINESS DISTRICTS, ARE UNIQUELY
 EQUIPPED TO SERVE THIS FUNCTION SINCE THESE  AREAS  BOAST  UNDERUTILIZED
 WATER  AND  SEWER INFRASTRUCTURE, ARE THE HUBS OF PUBLIC TRANSPORTATION,
 AND ARE THE CENTERS OF COMMERCE.
   § 1301. NEW YORK MAIN STREET DEVELOPMENT CENTER. THE DIVISION OF HOUS-
 ING AND COMMUNITY RENEWAL SHALL WORK IN COORDINATION WITH THE DEPARTMENT
 OF ECONOMIC DEVELOPMENT, THE DEPARTMENT  OF  STATE,  THE  DEPARTMENT  OF
 TRANSPORTATION,  AND  THE  OFFICE OF PARKS AND RECREATION TO ESTABLISH A
 "NEW YORK MAIN STREET DEVELOPMENT CENTER" WITHIN SUCH DIVISION. THE MAIN
 STREET DEVELOPMENT CENTER SHALL HAVE AS ITS MISSION THE DISSEMINATION OF
 INFORMATION RELATED TO EXISTING STATE PROGRAMS TO ADDRESS THE REDEVELOP-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

2017-S3940A (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 29 §§1300 & 1301, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2013-2014: S5506
2015-2016: S2279
2019-2020: S955, S5170
2021-2022: S3132
2023-2024: S6518

2017-S3940A (ACTIVE) - Summary

Establishes a New York Main Street development center in the division of housing and community renewal.

2017-S3940A (ACTIVE) - Sponsor Memo

2017-S3940A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  3940--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 30, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Housing, Construction  and
   Community  Development  --  recommitted  to  the Committee on Housing,
   Construction and Community Development in accordance with Senate  Rule
   6,  sec. 8 -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the private housing finance law, in relation  to  estab-
   lishing a New York Main Street development center
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The private housing finance law is amended by adding a  new
 article 29 to read as follows:
                               ARTICLE XXIX
                           NEW YORK MAIN STREET
                            DEVELOPMENT CENTER
 SECTION 1300. LEGISLATIVE INTENT.
         1301. NEW YORK MAIN STREET DEVELOPMENT CENTER.
   §  1300.  LEGISLATIVE  INTENT.  THE LEGISLATURE HEREBY FINDS THAT WITH
 AFFORDABLE HOUSING IN INCREASINGLY  SHORT  SUPPLY,  THE  NEW  YORK  MAIN
 STREET  DEVELOPMENT  CENTER  WILL NOT ONLY BE THE CATALYST FOR COMMUNITY
 RENEWAL, BUT ALSO ADDRESS THE CRITICAL NEED TO PROVIDE AFFORDABLE OPPOR-
 TUNITIES ACROSS THE STATE. MAIN STREETS  AND  DOWNTOWN  BUILDINGS  COULD
 SERVE  AS  THE PRIMARY LOCATION FOR NEW HOUSING OPPORTUNITIES THROUGHOUT
 THIS STATE. MAIN STREETS AND DOWNTOWN BUSINESS DISTRICTS,  ARE  UNIQUELY
 EQUIPPED  TO  SERVE  THIS FUNCTION SINCE THESE AREAS BOAST UNDERUTILIZED
 WATER AND SEWER INFRASTRUCTURE, ARE THE HUBS OF  PUBLIC  TRANSPORTATION,
 AND ARE THE CENTERS OF COMMERCE.
   § 1301. NEW YORK MAIN STREET DEVELOPMENT CENTER. THE DIVISION OF HOUS-
 ING AND COMMUNITY RENEWAL SHALL WORK IN COORDINATION WITH THE DEPARTMENT
 OF  ECONOMIC  DEVELOPMENT,  THE  DEPARTMENT  OF STATE, THE DEPARTMENT OF
 TRANSPORTATION, AND THE OFFICE OF PARKS, RECREATION AND HISTORIC PRESER-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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