§ 862-a. Additional restrictions on funds of the agency in connection
with continuing care retirement communities. No resolution authorizing
the issuance of bonds, notes or other obligations of the agency, or for
providing financial assistance in any respect, for any continuing care
retirement community project shall be adopted unless and until the
project has received a certificate of authorization pursuant to section
forty-six hundred four-a of the public health law, and unless the
project will serve the public purposes of this article by preserving
permanent, private sector jobs or increasing the overall number of
permanent, private sector jobs in the state.