Senate Bill S5506

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5506

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              May 16, 2013
                               ___________

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 28
                          NEW YORK MAIN STREET
                           DEVELOPMENT CENTER
SECTION 1300. LEGISLATIVE INTENT.
        1301. NEW YORK MAIN STREET DEVELOPMENT CENTER.
  S 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.
  S 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.
                                                           LBD11155-01-3
              

S. 5506                             2

MENT OF EXISTING COMMERCIAL/RESIDENTIAL  "MAIN  STREET"  BUILDINGS.  THE
"NEW  YORK  MAIN  STREET DEVELOPMENT CENTER" SHALL BE LOCATED WITHIN THE
DIVISION OF HOUSING AND COMMUNITY RENEWAL AND WILL SERVE AS A  TECHNICAL
ASSISTANCE  AND  RESOURCE  CENTER  TO  PROVIDE INFORMATION AND TECHNICAL
ASSISTANCE FOR ANY LOCAL  MAIN  STREET  REVITALIZATION  EFFORTS  IN  THE
STATE. THE CENTER WILL ESTABLISH A WEB PAGE WHICH WILL LINK TOGETHER ALL
STATE,  LOCAL  AND FEDERAL PROGRAMS WHICH MAY BE AVAILABLE TO SERVE AS A
RESOURCE FOR BOTH DEVELOPERS, AND COMMUNITY AND LOCAL HOUSING  ORGANIZA-
TIONS  IN  THEIR  DOWNTOWN  REVITALIZATION INITIATIVES. THE CENTER SHALL
ALSO LEND TECHNICAL AND TRAINING ASSISTANCE TO COMMUNITY  OFFICIALS  AND
PROVIDE  A COMPREHENSIVE LIBRARY OF MAIN STREET DEVELOPMENT PUBLICATIONS
FROM THROUGHOUT THE UNITED STATES  WHICH  SHALL  BE  ACCESSIBLE  TO  THE
DEVELOPMENT COMMUNITY.
  S 2. This act shall take effect immediately.