A. 6858--A 2
of industrial, manufacturing, warehousing, commercial, recreation, horse
racing facilities, railroad facilities, automobile racing facilities and
research facilities and to grant such industrial development agencies
the rights and powers provided by this article with respect to indus-
trial pollution control facilities.
It is hereby further declared to be the policy of this state to
protect and promote the health of the inhabitants of this state and to
increase trade through promoting the development of facilities to
provide recreation for the citizens of the state and to attract tourists
from other states, TO INCREASING AFFORDABLE HOUSING STOCK IN SUPPORT OF
REGIONAL HOUSING GOALS AS MAY BE ESTABLISHED AND AMENDED FROM TIME TO
TIME and to promote the development of renewable energy projects to
support the state's renewable energy goals as may be established or
amended from time to time.
The use of all such rights and powers is a public purpose essential to
the public interest, and for which public funds may be expended.
§ 2. Subdivision 4 of section 854 of the general municipal law, as
amended by section 5 of part X of chapter 59 of the laws of 2021, is
amended and a new subdivision 22 is added to read as follows:
(4) "Project" - shall mean any land, any building or other improve-
ment, and all real and personal properties located within the state of
New York and within or outside or partially within and partially outside
the municipality for whose benefit the agency was created, including,
but not limited to, machinery, equipment and other facilities deemed
necessary or desirable in connection therewith, or incidental thereto,
whether or not now in existence or under construction, which shall be
suitable for manufacturing, warehousing, research, commercial, renewable
energy, AFFORDABLE HOUSING or industrial purposes or other economically
sound purposes identified and called for to implement a state designated
urban cultural park management plan as provided in title G of the parks,
recreation and historic preservation law and which may include or mean
an industrial pollution control facility, a recreation facility, educa-
tional or cultural facility, a horse racing facility, a railroad facili-
ty, a renewable energy project, AN AFFORDABLE HOUSING FACILITY, or an
automobile racing facility, provided, however, no agency shall use its
funds or provide financial assistance in respect of any project wholly
or partially outside the municipality for whose benefit the agency was
created without the prior consent thereto by the governing body or
bodies of all the other municipalities in which a part or parts of the
project is, or is to be, located, and such portion of the project
located outside such municipality for whose benefit the agency was
created shall be contiguous with the portion of the project inside such
municipality.
(22) "AFFORDABLE HOUSING" - SHALL MEAN HOUSING WHERE THE OCCUPANT IS
PAYING NO MORE THAN THIRTY PERCENT OF GROSS INCOME FOR HOUSING COSTS,
INCLUDING UTILITIES.
§ 3. The opening paragraph of section 858 of the general municipal
law, as amended by section 6 of part X of chapter 59 of the laws of
2021, is amended to read as follows:
The purposes of the agency shall be to promote, develop, encourage and
assist in the acquiring, constructing, reconstructing, improving, main-
taining, equipping and furnishing industrial, manufacturing, warehous-
ing, commercial, research, renewable energy, AFFORDABLE HOUSING, and
recreation facilities including industrial pollution control facilities,
educational or cultural facilities, railroad facilities, horse racing
facilities, automobile racing facilities, renewable energy projects,
A. 6858--A 3
AFFORDABLE HOUSING FACILITIES and continuing care retirement communi-
ties, provided, however, that, of agencies governed by this article,
only agencies created for the benefit of a county and the agency created
for the benefit of the city of New York shall be authorized to provide
financial assistance in any respect to a continuing care retirement
community, and thereby advance the job opportunities, health, general
prosperity and economic welfare of the people of the state of New York
and to improve their recreation opportunities, prosperity and standard
of living; and to carry out the aforesaid purposes, each agency shall
have the following powers:
§ 4. Paragraph (b) of subdivision 5 of section 859-a of the general
municipal law, as amended by section 7 of part X of chapter 59 of the
laws of 2021, is amended to read as follows:
(b) a written cost-benefit analysis by the agency that identifies the
extent to which a project will create or retain permanent, private
sector jobs; the estimated value of any tax exemptions to be provided;
the amount of private sector investment generated or likely to be gener-
ated by the proposed project; the contribution of the project to the
state's renewable energy goals and emission reduction targets as set
forth in the state energy plan adopted pursuant to section 6-104 of the
energy law; THE CONTRIBUTION OF THE PROJECT TO REGIONAL HOUSING GOALS OF
INCREASING HOUSING OPTIONS INCLUDING BUT NOT LIMITED TO AFFORDABLE,
WORKFORCE, AND SENIOR HOUSING; the likelihood of accomplishing the
proposed project in a timely fashion; and the extent to which the
proposed project will provide additional sources of revenue for munici-
palities and school districts; and any other public benefits that might
occur as a result of the project;
§ 5. Paragraph (a) of subdivision 4 of section 874 of the general
municipal law, as amended by chapter 386 of the laws of 2019, is amended
to read as follows:
(a) The agency shall establish a uniform tax exemption policy, with
input from affected tax jurisdictions, which shall be applicable to the
provision of financial assistance pursuant to section eight hundred
fifty-nine-a of this [chapter] TITLE and shall provide guidelines for
the claiming of real property, mortgage recording, and sales tax
exemptions. Such guidelines shall include, but not be limited to: peri-
od of exemption; percentage of exemption; types of projects for which
exemptions can be claimed; procedures for payments in lieu of taxes and
instances in which real property appraisals are to be performed as a
part of an application for tax exemption; in addition, agencies shall in
adopting such policy consider such issues as: the extent to which a
project will create or retain permanent, private sector jobs; the esti-
mated value of any tax exemptions to be provided; whether affected tax
jurisdictions shall be reimbursed by the project occupant if a project
does not fulfill the purposes for which an exemption was provided; the
impact of a proposed project on existing and proposed businesses and
economic development projects in the vicinity; the amount of private
sector investment generated or likely to be generated by the proposed
project; the demonstrated public support for the proposed project; the
likelihood of accomplishing the proposed project in a timely fashion;
the effect of the proposed project upon the environment; the extent to
which the project will utilize, to the fullest extent practicable and
economically feasible, resource conservation, energy efficiency, green
technologies, and alternative and renewable energy measures; THE EXTENT
TO WHICH THE PROJECT WILL BRING ADDITIONAL AFFORDABLE HOUSING UNITS TO
THE MARKET; the extent to which the proposed project will require the
A. 6858--A 4
provision of additional services, including, but not limited to addi-
tional educational, transportation, police, emergency medical or fire
services; and the extent to which the proposed project will provide
additional sources of revenue for municipalities and school districts.
§ 6. Subdivision 5 of section 1951 of the public authorities law, as
amended by chapter 907 of the laws of 1972, is amended and a new subdi-
vision 16 is added to read as follows:
5. The term "project" shall mean any land in one or more areas of the
city and any building, structure, facility or other improvement thereon,
including, but not limited to machinery and equipment and all real and
personal property deemed necessary in connection therewith, whether or
not now in existence or under construction, which shall be necessary or
suitable for manufacturing, warehousing, research, commercial, AFFORDA-
BLE HOUSING or industrial purposes and which may include or mean an
industrial pollution control facility.
16. THE TERM "AFFORDABLE HOUSING" SHALL MEAN HOUSING WHERE THE OCCU-
PANT IS PAYING NO MORE THAN THIRTY PERCENT OF GROSS INCOME FOR HOUSING
COSTS, INCLUDING UTILITIES.
§ 7. The opening paragraph of section 1953 of the public authorities
law, as amended by chapter 579 of the laws of 2021, is amended to read
as follows:
The purposes of the authority shall be to promote, develop, encourage
and assist in the acquiring, constructing, reconstructing, improving,
maintaining, equipping and furnishing industrial, manufacturing, ware-
house, commercial, AFFORDABLE HOUSING and research facilities including
industrial pollution control facilities, transportation facilities
including but not limited to those relating to water, highway, rail and
air, in one or more areas of the city, particularly but not exclusively
at the site of what was formerly the Troy airport including an airstrip
or airport located in the southern section of the city and thereby
advance the job opportunities, health, general prosperity and economic
welfare of the people of said city and to improve their standard of
living; provided, however, that the authority shall not undertake any
project if the completion thereof would result in the removal of an
industrial or manufacturing plant of the project occupant from one area
of the state to another area of the state or in the abandonment of one
or more plants or facilities of the project applicant located within the
state, provided, however, that neither restriction shall apply if the
authority shall determine on the basis of the application before it that
the project is reasonably necessary to discourage the project occupant
from removing such other plant or facility to a location outside the
state or is reasonably necessary to preserve the competitive position of
the project occupant in its respective industry. Except as otherwise
provided for in this section, no financial assistance of the authority
shall be provided in respect of any project where facilities or property
that are primarily used in making retail sales to customers who
personally visit such facilities constitute more than one-third of the
total project cost. For the purposes of this article, "retail sales"
shall mean: (i) sales by a registered vendor under article twenty-eight
of the tax law primarily engaged in the retail sale of tangible personal
property, as defined in subparagraph (i) of paragraph four of subdivi-
sion (b) of section eleven hundred one of the tax law; or (ii) sales of
a service to such customers. Except, however, that tourism destination
projects shall not be prohibited by this paragraph. For the purpose of
this paragraph, "tourism destination" shall mean a location or facility
which is likely to attract a significant number of visitors from outside
A. 6858--A 5
the economic development region as established by section two hundred
thirty of the economic development law in which the project is located.
§ 8. Subdivision 1 of section 1963-a of the public authorities law, as
amended by chapter 386 of the laws of 2019, is amended to read as
follows:
1. The authority shall establish a uniform tax exemption policy, with
input from affected local taxing jurisdictions, which shall be applica-
ble to provisions of financial assistance pursuant to section nineteen
hundred fifty-three-a of this title and shall provide guidelines for the
claiming of real property, mortgage recording, and sales tax exemptions.
Such guidelines shall include, but not be limited to: period of
exemption; percentage of exemption; types of projects for which
exemptions can be claimed; procedures for payments in lieu of taxes and
instances in which real property appraisals are to be performed as a
part of an application for tax exemption; in addition, the authority in
adopting such policy shall consider such issues as: the extent to which
a project will create or retain permanent, private sector jobs; the
estimated value of any tax exemption to be provided; whether affected
tax jurisdictions should be reimbursed by the project occupant if a
project does not fulfill the purposes for which an exemption was
provided; the impact of a proposed project on existing and proposed
businesses and economic development projects in the vicinity; the amount
of private sector investment generated or likely to be generated by the
proposed project; the demonstrated public support for the proposed
project; the likelihood of accomplishing the proposed project in a time-
ly fashion; the effect of the proposed project upon the environment; the
extent to which the project will utilize, to the fullest extent practi-
cable and economically feasible, resource conservation, energy efficien-
cy, green technologies, and alternative and renewable energy measures;
THE EXTENT TO WHICH THE PROJECT WILL BRING ADDITIONAL AFFORDABLE HOUSING
UNITS TO THE MARKET; the extent to which the proposed project will
require the provision of additional services, including, but not limited
to additional educational, transportation, police, emergency medical or
fire services; and the extent to which the proposed project will provide
additional sources [or] OF revenue for municipalities and school
districts.
§ 9. Subdivision 5 of section 2302 of the public authorities law, as
amended by chapter 356 of the laws of 1993, is amended and a new subdi-
vision 17 is added to read as follows:
5. The term "project" shall mean any land in one or more areas of the
city and within or outside or partially within and partially outside the
city and any building, structure, facility or other improvement thereon,
including, but not limited to machinery and equipment and all real and
personal properties deemed necessary in connection therewith, whether or
not now in existence or under construction, which shall be necessary or
suitable for industrial, warehousing, research, AFFORDABLE HOUSING or
commercial purposes, or for use by a federal agency or a medical facili-
ty and which may include or mean an industrial pollution control facili-
ty or a civic facility, provided, however, the authority shall not
provide financial assistance in respect of any project wholly or
partially outside the city provided, however, that the authority may
provide financial assistance for such a project where a portion of the
project outside the city is contiguous to a portion of the project
located within the city if the authority obtains the prior consent ther-
eto by the governing body or bodies of all the other cities, towns or
A. 6858--A 6
villages in which a part or parts of the project is, or is to be,
located.
17. THE TERM "AFFORDABLE HOUSING" SHALL MEAN HOUSING WHERE THE OCCU-
PANT IS PAYING NO MORE THAN THIRTY PERCENT OF GROSS INCOME FOR HOUSING
COSTS, INCLUDING UTILITIES.
§ 10. The opening paragraph of section 2306 of the public authorities
law, as amended by chapter 304 of the laws of 2013, is amended to read
as follows:
The purposes of the authority shall be to promote, develop, encourage
and assist in the acquiring, constructing, reconstructing, improving,
maintaining, equipping and furnishing industrial, manufacturing, ware-
house, commercial, AFFORDABLE HOUSING, and research facilities and
facilities for use by a federal agency or a medical facility including
industrial pollution control facilities, which may include transporta-
tion facilities including but not limited to those relating to water,
highway, rail and air, in one or more areas of the city, and thereby
advance the job opportunities, health, general prosperity and economic
welfare of the people of said city and to improve their medical care and
standard of living; provided, however, that the authority shall not
undertake any project if the completion thereof would result in the
removal of an industrial or manufacturing plant of the project occupant
from one area of the state to another area of the state or in abandon-
ment of one or more plants or facilities of the project applicant
located within the state, provided, however, that neither restriction
shall apply if the authority shall determine on the basis of the appli-
cation before it that the project is reasonably necessary to discourage
the project occupant from removing such other plant or facility to a
location outside the state or is reasonably necessary to preserve the
competitive position of the project occupant in its respective industry.
Except as otherwise provided for in this section, no financial assist-
ance of the authority shall be provided in respect of any project where
facilities or property that are primarily used in making retail sales to
customers who personally visit such facilities constitute more than
one-third of the total project cost. For the purposes of this article,
"retail sales" shall mean: (i) sales by a registered vendor under arti-
cle twenty-eight of the tax law primarily engaged in the retail sale of
tangible personal property, as defined in subparagraph (i) of paragraph
four of subdivision (b) of section eleven hundred one of the tax law; or
(ii) sales of a service to such customers. Except, however, that tourism
destination projects shall not be prohibited by this paragraph. For the
purpose of this paragraph, "tourism destination" shall mean a location
or facility which is likely to attract a significant number of visitors
from outside the economic development region as established by section
two hundred thirty of the economic development law, in which the project
is located.
§ 11. Subdivision 1 of section 2315 of the public authorities law, as
amended by chapter 386 of the laws of 2019, is amended to read as
follows:
1. The authority shall establish a uniform tax exemption policy, with
input from affected local taxing jurisdictions, which shall be applica-
ble to provisions of financial assistance pursuant to section twenty-
three hundred seven of this title and shall provide guidelines for the
claiming of real property, mortgage recording, and sales tax exemptions.
Such guidelines shall include, but not be limited to: period of
exemption; percentage of exemption; types of projects for which
exemptions may be claimed; procedures for payments in lieu of taxes and
A. 6858--A 7
instances in which real property appraisals are to be performed as a
part of an application for tax exemption; in addition, the authority in
adopting such policy shall consider such issues as: the extent to which
a project will create or retain permanent, private sector jobs; the
estimated value of any tax exemption to be provided; whether affected
tax jurisdictions should be reimbursed by the project occupant if a
project does not fulfill the purposes for which an exemption was
provided; the impact of a proposed project on existing and proposed
businesses and economic development projects in the vicinity; the amount
of private sector investment generated or likely to be generated by the
proposed project; the demonstrated public support for the proposed
project; the likelihood of accomplishing the proposed project in a time-
ly fashion; the effect of the proposed project upon the environment; the
extent to which the project will utilize, to the fullest extent practi-
cable and economically feasible, resource conservation, energy efficien-
cy, green technologies, and alternative and renewable energy measures;
THE EXTENT TO WHICH THE PROJECT WILL BRING ADDITIONAL AFFORDABLE HOUSING
UNITS TO THE MARKET; the extent to which the proposed project will
require the provision of additional services, including, but not limited
to additional educational, transportation, police, emergency medical or
fire services; and the extent to which the proposed project will provide
additional sources of revenue for municipalities and school districts.
§ 12. This act shall take effect immediately.