senate Bill S1250

2013-2014 Legislative Session

Establishes an urban and community development program within the state urban development corporation to assist projects in distressed areas

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Jan 09, 2013 referred to corporations, authorities and commissions

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S1250 - Bill Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §3, add §16-v, UDC Act
Versions Introduced in Previous Legislative Sessions:
2011-2012: S2785A
2009-2010: S1129A

S1250 - Bill Texts

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Establishes an urban and community development program in the urban development corporation; defines relevant terms; provides for procedures to be followed in implementing the program; provides for preference to be given to economic assistance for projects in distressed areas.

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BILL NUMBER:S1250

TITLE OF BILL:
An act
to amend the New York state urban development corporation act, in
relation to establishing an urban and community development program

PURPOSE:
To codify the Urban and Community Development Program that exists only
in appropriations language and to eliminate redundant and duplicative
language.

SUMMARY OF PROVISIONS:
Section 2 of the bill adds new definition to the Urban Development
Corporation Act, including definitions for economically distressed
areas, highly distressed areas and commercial strips.

Section 3 adds a new paragraph 16-v to the UDC Act, establishing the
Urban and Community Development Program, which consists of an urban and
community:

*Main street revitalization program (subdivision 4), which provides
matching funds for management support to not-for-profit corporations
involved in commercial revitalization activities;

*Development assistance program (subdivision 5), which provides grants
for a variety of activities conducted by a not-for-profit corporation,
including architectural design studies, feasibility and planning
studies, and identification of opportunities;

*Project development programs (subdivision 6) which provide project
development loans to implement projects for which no other funds of the
corporation are available, including projects identified through the
development zones and highly distressed communities. This program also
directs UDC to provide projects development assistance with the UDC
acting as project developer in projects with an estimated cost of $1
million to $3 million and located in economic development zones or
highly distressed areas. UDC is authorized to provide up to 60 percent
of project costs in this instance;

*Training and technical assistance program (subdivision 7) to assist
small communities and not-for-profit corporations in planning and
implementing economic development strategies and programs. UDC would
provide technical assistance and training and would be authorized to
enter into contracts with statewide and regional economic development
organizations to train and educate local economic development officials.

JUSTIFICATION:
The Urban and Community Development Programs, which currently exist only
in appropriations language, has built on the traditional UDC involvement
with area development and its power to act as developer. The UDC has a
long history of experience with commercial revitalization activities and
is the state's lead agency in this regard. The latter is particularly
important because commercial revitalization activities have not been
given the attention that they deserve by state development agencies and
authorities.


FISCAL IMPLICATIONS: Unknown.

LEGISLATIVE HISTORY:

2011-12: S.2785- Referred to Corporations, Authorities and Commissions
2009-10: S.1129- Referred to Corporations, Authorities and Commissions
2007-08: S.2930- Referred to Corporations, Authorities and Commissions
2005-06: S.1464- Referred to Corporations, Authorities and Commissions
2003-04: S.1003- Referred to Corporations, Authorities and Commissions
2001-02: S.1481- Referred to Corporations, Authorities and Commissions

EFFECTIVE DATE:
This act shall take effect on the first of April next succeeding the
date on which it shall have become a law.

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

                                  1250

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens.  PERKINS,  DIAZ,  HASSELL-THOMPSON, PARKER -- read
  twice and ordered printed, and when printed to  be  committed  to  the
  Committee on Corporations, Authorities and Commissions

AN ACT to amend the New York state urban development corporation act, in
  relation to establishing an urban and community development program

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Statement of legislative findings and purpose.  The  legis-
lature  finds  that  the  recent  shift  in  emphasis toward state/local
economic development partnerships and  state  support  of  regional  and
local  economic  development activities requires a clear articulation of
strategic objectives, a delineation of respective state/local roles, and
a responsive state mechanism for delivering assistance and services.
  The legislature further finds that New York state has a broad  network
of  community-based,  not-for-profit  economic development organizations
with a knowledge of community conditions, needs, strengths  and  priori-
ties  and  which  possess  an  on-the-scenes knowledge of local business
conditions and experience in providing  technical  assistance  to  small
businesses, managing business retention programs, and providing a varie-
ty of other services.
  The  legislature  further  finds  and  declares that the core areas of
communities throughout the state, composed of central business districts
or commercial strips and their adjacent, surrounding areas, are  suffer-
ing  from  deterioration  and  decline that have negatively affected the
abilities of these communities, as a whole, to retain and  attract  both
residents and jobs.
  The legislature further finds that the revitalization of central busi-
ness  districts  and  commercial strips can result in increased property
values, an expanded tax base, the development of new businesses, and  an
enhanced  ability  to attract and retain industry, tourism and residents

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03579-01-3

S. 1250                             2

in central business districts and commercial strips and their  surround-
ing areas.
  The  legislature  further  finds that state efforts to revitalize such
core areas in distressed communities must be  coordinated,  strengthened
and improved to restore the health of those communities.
  Therefore,  the legislature declares that it is in the interest of the
economic vitality of the state to support local  efforts  to  revitalize
the core business areas of economically distressed communities through a
comprehensive  program  of  management support, technical assistance and
targeted project support.
  S 2. Section 3 of section 1 of chapter 174 of the laws of 1968 consti-
tuting the New York state urban development corporation act  is  amended
by adding nine new subdivisions 31, 32, 33, 34, 35, 36, 37, 38 and 39 to
read as follows:
  (31)  "BUSINESS  IMPROVEMENT DISTRICT" SHALL MEAN A SPECIAL ASSESSMENT
DISTRICT ESTABLISHED PURSUANT  TO  ARTICLE  NINETEEN-A  OF  THE  GENERAL
MUNICIPAL LAW.
  (32)  "BUSINESS DISTRICT" SHALL MEAN THE CENTRAL DISTRICT OF A MUNICI-
PALITY OR NEIGHBORHOOD AREA TRADITIONALLY USED FOR COMMERCIAL PURPOSES.
  (33) "COMMERCIAL REVITALIZATION ACTIVITIES" SHALL  MEAN  ANY  ACTIVITY
WHICH  CONTRIBUTES  TO  THE  ENHANCEMENT  OF  AN URBAN OR RURAL BUSINESS
DISTRICT OR SURROUNDING AREA. SUCH ACTIVITIES MAY INCLUDE,  BUT  NOT  BE
LIMITED TO:
  (A)  THE  ACQUISITION,  MAINTENANCE,  REPAIR,  REHABILITATION OR OTHER
IMPROVEMENTS TO VACANT OR OCCUPIED  COMMERCIAL,  SERVICE  OR  INDUSTRIAL
FACILITIES;
  (B)  PHYSICAL  IMPROVEMENTS  TO PUBLIC AREAS SUCH AS STREET FURNITURE,
LIGHTING, INFORMATION KIOSKS, TRASH RECEPTACLES, AND OTHER AMENITIES;
  (C) PROGRAMS PROVIDING ASSISTANCE FOR SECURITY, JOB PLACEMENT, MARKET-
ING AND PROMOTION, ENERGY CONSERVATION,  ARCHITECTURAL  DESIGN  STUDIES,
GENERAL  BUSINESS  SERVICES  AND  THE  FORMATION OF BUSINESS IMPROVEMENT
DISTRICTS.
  (34) "COMMERCIAL STRIP" SHALL MEAN  A  PREDOMINANTLY  COMMERCIAL  AREA
TRADITIONALLY  USED  FOR COMMERCIAL PURPOSES IN A MAJOR URBAN AREA WHICH
MAY NOT BE THE PRIMARY BUSINESS DISTRICT AND WHICH  IS  ONE  OF  SEVERAL
COMMERCIAL DISTRICTS IN THE MUNICIPALITY IN WHICH IT IS LOCATED.
  (35)  "ECONOMICALLY  DISTRESSED  AREAS" SHALL MEAN AREAS DETERMINED BY
THE COMMISSIONER OF THE DEPARTMENT OF ECONOMIC DEVELOPMENT ON THE  BASIS
OF  CRITERIA  INDICATIVE  OF ECONOMIC DISTRESS, INCLUDING POVERTY RATES,
NUMBERS OF PERSONS RECEIVING PUBLIC ASSISTANCE, UNEMPLOYMENT RATES, RATE
OF EMPLOYMENT DECLINE,  POPULATION  LOSS,  RATE  OF  PER  CAPITA  INCOME
CHANGE,  DECLINE  IN  ECONOMIC ACTIVITY AND PRIVATE INVESTMENT, AND SUCH
OTHER INDICATORS AS THE COMMISSIONER DEEMS  APPROPRIATE.    ECONOMICALLY
DISTRESSED  AREAS  MAY  INCLUDE  CITIES, MUNICIPALITIES, BLOCK NUMBERING
AREAS, AND CENSUS TRACTS.
  (36) "HIGHLY DISTRESSED" SHALL MEAN  SUFFERING  FROM  SEVERE  ECONOMIC
DISTRESS  AS  DETERMINED  BY  THE  CORPORATION USING CRITERIA SIMILAR TO
THOSE SET FORTH IN ARTICLE EIGHTEEN-B OF THE GENERAL MUNICIPAL  LAW  FOR
DETERMINING ELIGIBILITY FOR EMPIRE ZONE STATUS.
  (37)  "IN-KIND SERVICES" SHALL MEAN THE DONATION OF QUANTIFIABLE GOODS
AND SERVICES INCLUDING BUT NOT  LIMITED  TO  PROFESSIONAL  SERVICES  AND
TIME,  EQUIPMENT,  MATERIAL AND OFFICE SPACE FOR USE BY AN APPLICANT FOR
AN URBAN AND COMMUNITY DEVELOPMENT PROGRAM GRANT IN FURTHERANCE  OF  ITS
STATED  PURPOSES  OR  PROVIDED ON BEHALF OF SUCH APPLICANT BY OTHERS FOR
SUCH PURPOSES AND FOR WHICH THERE IS NO MONETARY REMUNERATION.

S. 1250                             3

  (38) "NOT-FOR-PROFIT CORPORATION" SHALL MEAN A  CORPORATION  ORGANIZED
UNDER THE PROVISIONS OF THE NOT-FOR-PROFIT CORPORATION LAW.
  (39)  "SURROUNDING  AREA"  OR  "CONTIGUOUS  AREA"  SHALL  MEAN AN AREA
CONTIGUOUS WITH A BUSINESS DISTRICT.
  S 3. Section 1 of chapter 174 of the laws of 1968 constituting the New
York state urban development corporation act is amended by adding a  new
section 16-v to read as follows:
  S 16-V. URBAN AND COMMUNITY DEVELOPMENT PROGRAM.  (1) PROGRAM CREATED.
THERE  IS  HEREBY  CREATED  AN  URBAN  AND COMMUNITY DEVELOPMENT PROGRAM
CONSISTING OF THE FOLLOWING:
  (A) AN URBAN AND COMMUNITY MAIN STREET REVITALIZATION PROGRAM PURSUANT
TO SUBDIVISION FOUR OF THIS SECTION.
  (B) AN URBAN  AND  COMMUNITY  DEVELOPMENT  ASSISTANCE  GRANTS  PROGRAM
PURSUANT TO SUBDIVISION FIVE OF THIS SECTION.
  (C)  AN  URBAN  AND  COMMUNITY PROJECT DEVELOPMENT PROGRAM PURSUANT TO
SUBDIVISION SIX OF THIS SECTION.
  (D) AN URBAN AND COMMUNITY TRAINING AND TECHNICAL  ASSISTANCE  PROGRAM
PURSUANT TO SUBDIVISION SEVEN OF THIS SECTION.
  (2) APPLICATIONS. APPLICATIONS FOR SUPPORT UNDER THIS PROGRAM SHALL BE
MADE  IN  A  FORM AND MANNER AS DETERMINED BY THE CORPORATION AND APPLI-
CANTS SHALL BE REQUIRED TO MEET THE  CRITERIA  AND  REQUIREMENTS  ESTAB-
LISHED BY THE CORPORATION, INCLUDING BUT NOT LIMITED TO:
  (A) FACTORS OF ECONOMIC DISTRESS;
  (B)  THE  ABILITY  OF  THE  APPLICANT  TO  OBTAIN  FINANCIAL AND OTHER
SUPPORT, WHERE REQUIRED, FROM PUBLIC OR PRIVATE SOURCES, OTHER THAN  THE
STATE;
  (C)  THE  EXTENT  OF  SUPPORT  FOR, AND INVOLVEMENT IN, THE PROGRAM OR
PROJECT OF UNITS OF LOCAL GOVERNMENT, THE LOCAL BUSINESS  COMMUNITY  AND
LOCAL ECONOMIC DEVELOPMENT PROFESSIONALS;
  (D)  SUCH  OTHER  REQUIREMENTS AND CRITERIA AS SET FORTH BY THE CORPO-
RATION.
  (3)   PREFERENCE.   PREFERENCE WILL BE GIVEN  TO  PROJECTS  WHICH  ARE
LOCATED  IN HIGHLY DISTRESSED COMMUNITIES, AND FOR WHICH OTHER PUBLIC OR
PRIVATE FUNDING SOURCES ARE NOT AVAILABLE.
  (4)   URBAN AND COMMUNITY MAIN STREET  REVITALIZATION  PROGRAM.    (A)
THERE  IS  HEREBY ESTABLISHED WITHIN THE URBAN AND COMMUNITY DEVELOPMENT
PROGRAM, AN URBAN AND COMMUNITY MAIN STREET REVITALIZATION PROGRAM WHICH
SHALL BE USED TO PROVIDE MATCHING GRANTS TO URBAN AND RURAL  COMMUNITIES
INVOLVED  IN  COMMERCIAL  REVITALIZATION  ACTIVITIES IN CENTRAL BUSINESS
DISTRICTS OR COMMERCIAL STRIPS TO SUPPORT THE MANAGEMENT OF SUCH  ACTIV-
ITIES.
  (B) THE CORPORATION SHALL, WITHIN AVAILABLE APPROPRIATIONS, AWARD SUCH
GRANTS TO LOCAL DEVELOPMENT CORPORATIONS, BUSINESS IMPROVEMENT DISTRICTS
AND  OTHER NOT-FOR-PROFIT ORGANIZATIONS INVOLVED IN COMMERCIAL REVITALI-
ZATION ACTIVITIES ON A COMPETITIVE BASIS AND IN RESPONSE TO REQUESTS FOR
PROPOSALS THAT SHALL BE DISTRIBUTED TO SUCH ORGANIZATIONS BY THE  CORPO-
RATION FOR THE PURPOSE OF SOLICITING APPLICATIONS.
  (C)   THE GRANTS AWARDED UNDER PARAGRAPHS (F) AND (G) OF THIS SUBDIVI-
SION SHALL BE USED FOR THE ADMINISTRATIVE COSTS OF A COMMERCIAL REVITAL-
IZATION PROGRAM CONDUCTED BY AN INDIVIDUAL, HEREINAFTER REFERRED  TO  AS
THE  BUSINESS DISTRICT COORDINATOR, WHOSE PURPOSE SHALL BE TO COORDINATE
THE COMMERCIAL REVITALIZATION ACTIVITIES OF A CENTRAL BUSINESS  DISTRICT
OR COMMERCIAL STRIP.
  (D) REQUESTS FOR PROPOSALS UNDER THIS SUBDIVISION SHALL SET FORTH SUCH
CRITERIA  AS  THE CORPORATION DEEMS NECESSARY, INCLUDING THOSE SET FORTH

S. 1250                             4

IN  SUBDIVISION TWO OF THIS SECTION AND INCLUDING, BUT  NOT  LIMITED  TO
THE FOLLOWING:
  (I)    THE  POTENTIAL  IMPACT  THE  PROPOSED COMMERCIAL REVITALIZATION
PROJECT WOULD HAVE ON ECONOMIC DEVELOPMENT AND EMPLOYMENT  OPPORTUNITIES
IN THE MAIN STREET COMMUNITY AND THE REGION;
  (II)  DETERMINATION BY THE CORPORATION OF THE EXISTENCE OF SIGNIFICANT
SUPPORT  FOR  SUCH  ACTIVITIES  FROM THE LOCAL BUSINESS COMMUNITY, LOCAL
GOVERNMENT AND COMMUNITY ORGANIZATIONS WITHIN THE MAIN STREET COMMUNITY,
INCLUDING THE COMMITMENT OF FINANCIAL RESOURCES; AND
  (III)   THE POTENTIAL  FOR  THE  COMMUNITY  TO  ESTABLISH  A  BUSINESS
IMPROVEMENT DISTRICT.
  (E)  RURAL COMMERCIAL REVITALIZATION PLANNING GRANTS. (I) NOT-FOR-PRO-
FIT CORPORATIONS LOCATED WITHIN MUNICIPALITIES WITH POPULATIONS  NOT  IN
EXCESS  OF FIFTY THOUSAND PERSONS SHALL BE ELIGIBLE TO APPLY FOR COMMER-
CIAL REVITALIZATION PLANNING GRANTS FROM THE  CORPORATION.  SUCH  GRANTS
SHALL  BE USED FOR THE PLANNING AND ORGANIZATION OF COMMERCIAL REVITALI-
ZATION ACTIVITIES INCLUDING AN ANALYSIS OF THE  SPECIFIC  NEEDS  OF  THE
COMMUNITY  IN  ADDITION  TO BOTH SHORT-TERM AND LONG-TERM STRATEGIES FOR
MEETING THOSE NEEDS.
  (II) GRANTS MADE UNDER  THIS  PARAGRAPH  SHALL  BE  LIMITED  TO  FORTY
PERCENT  OF  THE  ACTUAL COSTS FOR PLANNING AND ORGANIZING OF COMMERCIAL
REVITALIZATION ACTIVITIES, AND SHALL NOT EXCEED  FIVE  THOUSAND  DOLLARS
PER GRANT, PROVIDED, HOWEVER, THAT IN HIGHLY DISTRESSED COMMUNITIES SUCH
GRANTS  SHALL  BE  LIMITED TO SIXTY PERCENT OF SUCH COSTS.  NO COMMUNITY
MAY RECEIVE MORE THAN ONE GRANT UNDER THIS PARAGRAPH.
  (F) MANAGEMENT ASSISTANCE FOR RURAL COMMUNITIES.   (I)  NOT-FOR-PROFIT
CORPORATIONS  LOCATED  WITHIN  MUNICIPALITIES  WITH  POPULATIONS  NOT IN
EXCESS OF FIFTY THOUSAND PERSONS SHALL BE ELIGIBLE TO APPLY  FOR  GRANTS
FOR  THE ADMINISTRATION OF COMMERCIAL REVITALIZATION ACTIVITIES IN THEIR
BUSINESS DISTRICTS. PREFERENCE WILL BE GIVEN TO COMMUNITIES WHICH HAVE A
COMPREHENSIVE LOCAL PLAN FOR COMMERCIAL REVITALIZATION.
  (II) THE GRANTS AWARDED UNDER THIS PARAGRAPH SHALL  BE  USED  FOR  THE
ADMINISTRATIVE COSTS OF A COMMERCIAL REVITALIZATION PROGRAM CONDUCTED BY
AN  INDIVIDUAL,  HEREINAFTER REFERRED TO AS THE MAIN STREET COORDINATOR,
WHOSE PURPOSE SHALL  BE  TO  COORDINATE  THE  COMMERCIAL  REVITALIZATION
ACTIVITIES  OF  THE BUSINESS DISTRICT.  EACH SUCH GRANT SHALL BE LIMITED
TO FORTY PERCENT OF THE ACTUAL COSTS OF ADMINISTERING SUCH ACTIVITIES BY
THE MAIN STREET COORDINATOR FOR THE FIRST YEAR  OF  THE  GRANT;  IN  THE
SECOND  YEAR OF THE GRANT, SUCH GRANT SHALL BE LIMITED TO THIRTY PERCENT
OF THE ACTUAL COSTS; AND IN THE THIRD YEAR  OF  THE  GRANT,  SUCH  GRANT
SHALL  BE LIMITED TO TWENTY PERCENT OF THE ACTUAL COSTS, EXCEPT THAT FOR
GRANTS MADE TO SUPPORT A MAIN STREET COORDINATOR  LOCATED  IN  A  HIGHLY
DISTRESSED  AREA, SUCH GRANTS MAY BE INCREASED TO COVER ADDITIONAL COSTS
EQUAL TO TEN PERCENT OF TOTAL COSTS IN EACH YEAR. THE CORPORATION  SHALL
DETERMINE  THE MAXIMUM DOLLAR AMOUNT PERMISSIBLE FOR EACH SUCH GRANT. NO
ORGANIZATION SHALL BE ELIGIBLE TO APPLY FOR OR RECEIVE SUCH GRANTS AFTER
THE THIRD YEAR OF SUPPORT UNDER THIS SUBDIVISION.
  (III) EACH MAIN STREET COORDINATOR WHOSE ADMINISTRATIVE ACTIVITIES ARE
SUPPORTED BY A GRANT AWARDED UNDER  THIS  PARAGRAPH  SHALL  SUCCESSFULLY
COMPLETE  A  TRAINING  PROGRAM  CONDUCTED BY THE CORPORATION PURSUANT TO
PARAGRAPH (A) OF SUBDIVISION SEVEN OF THIS SECTION.
  (G) MANAGEMENT ASSISTANCE FOR URBAN AREAS.  (I) NOT-FOR-PROFIT  CORPO-
RATIONS  LOCATED  WITHIN  MUNICIPALITIES  WITH  POPULATIONS IN EXCESS OF
FIFTY THOUSAND PERSONS SHALL BE ELIGIBLE TO APPLY  FOR  GRANTS  FOR  THE
ADMINISTRATION OF COMMERCIAL REVITALIZATION ACTIVITIES IN THEIR BUSINESS
DISTRICTS.

S. 1250                             5

  (II)  THE  GRANTS AWARDED UNDER THIS SUBDIVISION SHALL BE USED FOR THE
ADMINISTRATIVE COSTS OF A COMMERCIAL REVITALIZATION PROGRAM CONDUCTED BY
AN INDIVIDUAL, HEREINAFTER REFERRED TO AS THE STRIP  COORDINATOR,  WHOSE
PURPOSE  SHALL BE TO COORDINATE THE COMMERCIAL REVITALIZATION ACTIVITIES
OF  THE  BUSINESS DISTRICT.   EACH SUCH GRANT  SHALL BE LIMITED TO FORTY
PERCENT OF THE ACTUAL COSTS OF  ADMINISTERING  SUCH  ACTIVITIES  BY  THE
STRIP COORDINATOR FOR THE FIRST YEAR OF THE GRANT; IN THE SECOND YEAR OF
THE  GRANT,  SUCH GRANT SHALL BE LIMITED TO THIRTY PERCENT OF THE ACTUAL
COSTS; AND IN THE THIRD YEAR OF THE GRANT, SUCH GRANT SHALL  BE  LIMITED
TO  TWENTY  PERCENT  OF THE ACTUAL COSTS, EXCEPT THAT FOR GRANTS MADE TO
SUPPORT A MAIN STREET COORDINATOR LOCATED IN A HIGHLY  DISTRESSED  AREA,
SUCH  GRANTS  MAY  BE  INCREASED  TO COVER ADDITIONAL COSTS EQUAL TO TEN
PERCENT OF TOTAL COSTS IN EACH YEAR.   THE CORPORATION  SHALL  DETERMINE
THE MAXIMUM DOLLAR AMOUNT PERMISSIBLE FOR EACH SUCH GRANT.  NO ORGANIZA-
TION  SHALL  BE  ELIGIBLE  TO APPLY FOR OR RECEIVE SUCH GRANTS AFTER THE
THIRD YEAR OF SUPPORT UNDER THIS SUBDIVISION.
  (III)   EACH STRIP COORDINATOR  WHOSE  ADMINISTRATIVE  ACTIVITIES  ARE
SUPPORTED  BY  A  GRANT  AWARDED UNDER THIS PARAGRAPH SHALL SUCCESSFULLY
COMPLETE A TRAINING PROGRAM CONDUCTED BY  THE  CORPORATION  PURSUANT  TO
PARAGRAPH (A) OF SUBDIVISION SEVEN OF THIS SECTION.
  (H)  THE CORPORATION SHALL PROVIDE TECHNICAL ASSISTANCE FOR COMMERCIAL
REVITALIZATION PROGRAMS.  SUCH ASSISTANCE SHALL INCLUDE ESTABLISHING AND
IMPLEMENTING A TRAINING PROGRAM FOR MAIN STREET COORDINATORS  AND  STRIP
COORDINATORS.  IN ADDITION THE CORPORATION SHALL CONDUCT ON-SITE SURVEYS
OF  BUSINESS  DISTRICTS  IN  ECONOMICALLY  DISTRESSED AREAS, MONITOR AND
ASSIST COMMUNITIES FORMING BUSINESS IMPROVEMENT DISTRICTS, AND  ORGANIZE
AND  COORDINATE  SEMINARS  AND CONFERENCES TO FACILITATE THE EXCHANGE OF
INFORMATION REGARDING COMMERCIAL REVITALIZATION STRATEGIES.
  (I) NOTWITHSTANDING ANYTHING CONTAINED TO THE CONTRARY IN THIS  SUBDI-
VISION,  SECTIONS  TEN  AND  SIXTEEN  OF THIS ACT SHALL NOT APPLY TO ANY
GRANTS AUTHORIZED UNDER THIS SUBDIVISION.
  (5) URBAN AND COMMUNITY DEVELOPMENT ASSISTANCE GRANTS  PROGRAM.    (A)
THERE  IS  HEREBY ESTABLISHED WITHIN THE URBAN AND COMMUNITY DEVELOPMENT
PROGRAM, AN URBAN AND COMMUNITY DEVELOPMENT  ASSISTANCE  GRANTS  PROGRAM
WHICH  SHALL  BE  USED  TO  PROVIDE  SUPPORT TO LOCAL DEVELOPMENT CORPO-
RATIONS, BUSINESS IMPROVEMENT DISTRICTS AND OTHER NOT-FOR-PROFIT  ORGAN-
IZATIONS FOR ACTIVITIES SET FORTH IN PARAGRAPH (C) OF THIS SUBDIVISION.
  (B) THE CORPORATION SHALL, WITHIN AVAILABLE APPROPRIATIONS, AWARD SUCH
GRANTS TO LOCAL DEVELOPMENT CORPORATIONS, BUSINESS IMPROVEMENT DISTRICTS
AND  OTHER NOT-FOR-PROFIT ORGANIZATIONS INVOLVED IN COMMERCIAL REVITALI-
ZATION ACTIVITIES IN CENTRAL BUSINESS DISTRICTS OR COMMERCIAL STRIPS AND
THEIR SURROUNDING AREAS ON  A  COMPETITIVE  BASIS  AND  IN  RESPONSE  TO
REQUESTS  FOR  PROPOSALS THAT SHALL BE DISTRIBUTED TO SUCH ORGANIZATIONS
BY THE CORPORATION FOR THE PURPOSE OF SOLICITING APPLICATIONS.
  (C) SUCH ACTIVITIES MAY INCLUDE, BUT NOT BE LIMITED TO:
  (I) ARCHITECTURAL DESIGN STUDIES AND SERVICES AND OTHER  REDEVELOPMENT
WORK  IN  CONNECTION  WITH  THE  DESIGN AND IMPLEMENTATION OF A PLAN FOR
FACADE AND OTHER IMPROVEMENTS TO COMMERCIAL STRIPS AND CENTRAL  BUSINESS
DISTRICTS THROUGHOUT NEW YORK STATE;
  (II) MARKETING AND PROMOTIONAL ACTIVITIES;
  (III) JOB PLACEMENT PROGRAMS;
  (IV) SECURITY ASSISTANCE;
  (V) ENERGY AUDIT PROGRAMS;
  (VI) ASSISTANCE IN FORMING BUSINESS IMPROVEMENT DISTRICTS;
  (VII)  STUDIES,  SURVEYS OR REPORTS, INCLUDING FEASIBILITY STUDIES AND
PRELIMINARY PLANNING STUDIES TO:

S. 1250                             6

  (A) ASSESS A PARTICULAR SITE OR STUDY  FOR  ANY  ECONOMIC  DEVELOPMENT
PURPOSE OTHER THAN RESIDENTIAL;
  (B) ASSESS THE FEASIBILITY OF ORGANIZING A DISTRICT MANAGEMENT ASSOCI-
ATION FOR A BUSINESS IMPROVEMENT DISTRICT;
  (C)  IDENTIFY  DEVELOPMENT  OPPORTUNITIES  WITHIN ESTABLISHED BUSINESS
IMPROVEMENT DISTRICTS;
  (D) CONDUCT FEASIBILITY OR PLANNING STUDIES IN RELATION TO THE  ACQUI-
SITION,  CONSTRUCTION, OR RENOVATION OF COMMERCIAL, INDUSTRIAL OR MIXED-
USE FACILITIES OR DEVELOPMENTS; OR
  (E) ANALYZING THE SPECIFIC NEEDS OF THE COMMUNITY IN ADDITION TO  BOTH
SHORT-TERM AND LONG-TERM STRATEGIES FOR MEETING THOSE NEEDS.
  (D) GRANTS MADE UNDER THIS SUBDIVISION SHALL:
  (I)  NOT  BE  USED  FOR  SALARIES,  PUBLIC  IMPROVEMENTS,  OR SERVICES
CURRENTLY PROVIDED BY THE LOCAL OR STATE GOVERNMENT.
  (II) BE LIMITED TO FIFTY PERCENT OF THE ACTUAL COST  OF  THE  PROPOSED
ACTIVITIES,  AND  SHALL  NOT  EXCEED  FORTY  THOUSAND DOLLARS PER GRANT,
EXCEPT THAT FOR PROJECTS LOCATED IN EMPIRE ZONES AND  THEIR  SURROUNDING
AREAS  OR  IN  HIGHLY  DISTRESSED AREAS AND THEIR SURROUNDING AREAS SUCH
GRANTS MAY BE MADE FOR UP TO SIXTY PERCENT OF PROJECT COSTS.
  (III) BE LIMITED TO ONE PROJECT GRANT PER YEAR UNDER THIS  SUBDIVISION
FOR ANY ONE ELIGIBLE NOT-FOR-PROFIT CORPORATION.
  (E)  GRANTS MADE PURSUANT TO SUBPARAGRAPH (I) OF PARAGRAPH (C) OF THIS
SUBDIVISION MAY INCLUDE MONIES AVAILABLE FOR INDIVIDUAL PROPERTY  OWNERS
AND/OR  TENANTS WHO AGREE TO IMPROVE THEIR PROPERTY IN ACCORDANCE WITH A
FEASIBLE DESIGN PLAN, PROVIDED THAT,  SUCH  INDIVIDUAL  PROPERTY  OWNERS
AND/OR TENANTS MATCH THE AMOUNT OF ANY GRANT AWARDED TO THEM.
  (F) TO BE ELIGIBLE FOR GRANTS UNDER THIS SUBDIVISION, APPLICANTS SHALL
BE  REQUIRED  TO DEMONSTRATE THE EXISTENCE OF EFFECTIVE COMMERCIAL REVI-
TALIZATION MANAGEMENT IN THE BUSINESS DISTRICT OR COMMERCIAL STRIP WHERE
APPROPRIATE.
  (G) NOTWITHSTANDING ANYTHING CONTAINED TO THE CONTRARY IN THIS  SUBDI-
VISION,  SECTION  SIXTEEN  OF  THIS  ACT  SHALL  NOT APPLY TO ANY GRANTS
AUTHORIZED UNDER SUBPARAGRAPH (I) OF PARAGRAPH (C) OF THIS  SUBDIVISION,
AND SECTION TEN AND SUBDIVISION TWO OF SECTION SIXTEEN OF THIS ACT SHALL
NOT  APPLY  TO SUBPARAGRAPHS (II) THROUGH (VII) OF PARAGRAPH (C) OF THIS
SUBDIVISION.
  (6) URBAN AND COMMUNITY PROJECT  DEVELOPMENT  PROGRAM.  (A)  THERE  IS
HEREBY ESTABLISHED WITHIN THE URBAN AND COMMUNITY DEVELOPMENT PROGRAM AN
URBAN  AND  COMMUNITY PROJECT DEVELOPMENT PROGRAM WHICH SHALL BE USED TO
PROVIDE LOANS FOR PROJECTS AS SET FORTH IN PARAGRAPH (B) OF THIS  SUBDI-
VISION, AND TO PROVIDE PROJECT DEVELOPMENT ASSISTANCE BY THE CORPORATION
ACTING AS A PROJECT DEVELOPER PURSUANT TO PARAGRAPH (C) OF THIS SUBDIVI-
SION.
  (B)  PROJECT DEVELOPMENT LOANS. (I) THE CORPORATION MAY MAKE LOANS FOR
DEVELOPMENT IN CENTRAL BUSINESS DISTRICTS AND COMMERCIAL STRIPS  LOCATED
IN EMPIRE ZONES DESIGNATED PURSUANT TO ARTICLE EIGHTEEN-B OF THE GENERAL
MUNICIPAL  LAW,  AND  THEIR  SURROUNDING  AREAS, OR IN HIGHLY DISTRESSED
AREAS, AND THEIR SURROUNDING AREAS,  FOR  THE  ACQUISITION,  RENOVATION,
AND   CONSTRUCTION  OF  DEVELOPMENT  PROJECTS,  OTHER  THAN  RESIDENTIAL
PROJECTS, AUTHORIZED PURSUANT TO AND IN ACCORDANCE WITH  THE  PROVISIONS
OF  THIS  ACT AND FOR WHICH NO OTHER FUNDS OF THE CORPORATION ARE AVAIL-
ABLE WITH THE EXCEPTION OF ANY APPROPRIATION MADE FOR THIS PROGRAM.
  (II) SUCH PROJECTS SHALL BE RELATED TO THE IMPLEMENTATION OF NECESSARY
CONSTRUCTION AND RECONSTRUCTION PROJECTS  IDENTIFIED  OR  PLANNED  UNDER
GRANTS RECEIVED PURSUANT TO SUBPARAGRAPHS (I) AND (VII) OF PARAGRAPH (C)
OF SUBDIVISION FIVE OF THIS SECTION.

S. 1250                             7

  (III) LOANS MADE TO DEVELOPERS FOR SUCH CONSTRUCTION OR RECONSTRUCTION
SHALL  NOT  EXCEED  FIFTY  PERCENT  OF  TOTAL PROJECT COSTS AND SHALL BE
LOCATED IN EMPIRE ZONES DESIGNATED PURSUANT TO ARTICLE EIGHTEEN-B OF THE
GENERAL MUNICIPAL LAW OR IN HIGHLY  DISTRESSED  COMMUNITIES,  AND  THEIR
SURROUNDING AREAS.
  (IV)  PROJECTS INTENDED TO BE PUBLICLY-OWNED SHALL NOT BE ELIGIBLE FOR
FINANCIAL ASSISTANCE IN CONNECTION WITH THE ACQUISITION, CONSTRUCTION OR
RENOVATION OF A FACILITY OR DEVELOPMENT HEREUNDER UNLESS SUCH PROJECT IS
LEASED TO A PRIVATE ENTERPRISE.
  (C)    PROJECT DEVELOPMENT ASSISTANCE.  (I) THE CORPORATION MAY ACT AS
DEVELOPER IN THE ACQUISITION, RENOVATION, CONSTRUCTION, LEASING OR  SALE
OF  DEVELOPMENT  PROJECTS,  OTHER  THAN RESIDENTIAL PROJECTS, AUTHORIZED
PURSUANT TO THIS ACT IN ORDER TO STIMULATE THE DEVELOPMENT  OF  COMMUNI-
TIES.
  (II)    IN  ACTING  AS  A  DEVELOPER,  THE  CORPORATION MAY BORROW FOR
PURPOSES OF THIS PARAGRAPH FOR APPROVED PROJECTS IN WHICH  THE  LENDER'S
RECOURSE  IS  SOLELY  TO  THE  ASSETS  OF THE PROJECT, AND MAY MAKE SUCH
ARRANGEMENTS AND AGREEMENTS WITH COMMUNITY-BASED ORGANIZATIONS AND LOCAL
DEVELOPMENT CORPORATIONS AS REQUIRED TO CARRY OUT THE  PURPOSE  OF  THIS
SECTION.
  (III)    PRIOR  TO  DEVELOPING ANY SUCH PROJECT, THE CORPORATION SHALL
SECURE A FIRM COMMITMENT FROM ENTITIES, INDEPENDENT OF THE  CORPORATION,
FOR EITHER PURCHASE OR LEASE OF SUCH PROJECTS.
  (IV)    PROJECTS  AUTHORIZED UNDER THIS PARAGRAPH WHETHER DEVELOPED BY
THE CORPORATION OR A  PRIVATE  DEVELOPER,  MUST  BE  LOCATED  IN  EITHER
STATE-DESIGNATED EMPIRE ZONES OR IN HIGHLY DISTRESSED COMMUNITIES.
  (V)  THE CORPORATION, FOR PURPOSES OF THIS PARAGRAPH SHALL ONLY SELECT
PROJECTS THAT HAVE PROJECT COSTS ESTIMATED TO  BE  BETWEEN  ONE  MILLION
DOLLARS  AND  THREE  MILLION  DOLLARS OF WHICH THE CORPORATION'S PARTIC-
IPATION SHALL NOT EXCEED SIXTY PERCENT OF THE TOTAL AND FOR WHICH  THERE
IS AN ECONOMIC DEMAND FOR THE PROJECT IN THE PARTICULAR COMMUNITY.
  (D)  THE CORPORATION SHALL SELECT POTENTIAL PROJECTS UNDER THIS SUBDI-
VISION  THROUGH  A  COMPETITIVE  PROCESS  SUCH AS A REQUEST FOR PROPOSAL
PROCESS DISTRIBUTED TO LOCAL DEVELOPMENT CORPORATIONS AND OTHERS IN SUCH
COMMUNITIES.
  (E) THE CORPORATION SHALL:
  (I)  DETERMINE WHETHER A FEASIBILITY STUDY  IS  NECESSARY  TO  FURTHER
ANALYZE SELECTED PROJECTS;
  (II) RECOMMEND APPLICATION OF SUCH PROJECTS TO THE URBAN AND COMMUNITY
DEVELOPMENT  ASSISTANCE  GRANTS  PROGRAM PURSUANT TO SUBDIVISION FIVE OF
THIS SECTION FOR FUNDING, IF APPROPRIATE, OR CONDUCT A FEASIBILITY ANAL-
YSIS ITSELF; AND
  (III)  IN ACCORDANCE WITH RULES AND REGULATIONS TO BE  PROMULGATED  BY
THE CORPORATION, DETERMINE WHICH PROJECTS WILL BE DEVELOPED.
  (7)    URBAN  AND COMMUNITY TRAINING AND TECHNICAL ASSISTANCE PROGRAM.
THERE IS HEREBY ESTABLISHED WITHIN THE URBAN AND  COMMUNITY  DEVELOPMENT
PROGRAM  AN  URBAN  AND  COMMUNITY  TRAINING  AND  TECHNICAL  ASSISTANCE
PROGRAM.  THE CORPORATION SHALL, FROM APPROPRIATIONS MADE AVAILABLE  FOR
THESE PURPOSES:
  (A)   PROVIDE   TECHNICAL  ASSISTANCE  FOR  COMMERCIAL  REVITALIZATION
PROGRAMS, INCLUDING ESTABLISHING AND IMPLEMENTING A TRAINING PROGRAM FOR
BUSINESS DISTRICT STREET COORDINATORS, WHO REQUEST OR WHO ARE  REQUESTED
BY  THE  CORPORATION,  TO  UNDERGO SUCH TRAINING PURSUANT TO SUBDIVISION
FOUR OF THIS SECTION.
  (B) CONDUCT ON-SITE SURVEYS  OF  BUSINESS  DISTRICTS  IN  ECONOMICALLY
DISTRESSED  AREAS,  MONITOR  AND  ASSIST  COMMUNITIES  FORMING  BUSINESS

S. 1250                             8

IMPROVEMENT DISTRICTS, AND ORGANIZE AND COORDINATE SEMINARS AND  CONFER-
ENCES  TO  FACILITATE  THE  EXCHANGE OF INFORMATION REGARDING COMMERCIAL
REVITALIZATION STRATEGIES.
  (C)  DEVELOP  THE  CAPACITY  OF  URBAN  AND COMMUNITY ORGANIZATIONS TO
UNDERTAKE ECONOMIC DEVELOPMENT INITIATIVES THROUGH:
  (I) CONDUCTING OUTREACH TO COMMUNITIES IN AREAS WHERE LITTLE, IF  ANY,
ECONOMIC DEVELOPMENT CAPACITY EXISTS, INCLUDING UNDERTAKING, WHERE NEED-
ED,  PROJECT  PLANNING  AND MANAGEMENT FOR SUCH COMMUNITIES TO IMPLEMENT
SPECIFIC PROJECTS.
  (II) PROVIDING ASSISTANCE TO SUCH  COMMUNITIES,  WHERE  NECESSARY,  IN
ORGANIZING  FOR  ECONOMIC  DEVELOPMENT,  ANALYZING POTENTIAL DEVELOPMENT
OPPORTUNITIES OR  OBSTACLES  TO  DEVELOPMENT,  AND  DEVELOPING  ECONOMIC
DEVELOPMENT STRATEGIES.
  (III) PROVIDING TRAINING AND TECHNICAL AND FINANCIAL PACKAGING ASSIST-
ANCE  TO  NOT-FOR-PROFIT  COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT
ORGANIZATIONS, EITHER DIRECTLY BY THE CORPORATION, INCLUDING THE DEPLOY-
MENT OF CIRCUIT RIDERS TO PROVIDE ONGOING ASSISTANCE, AND THROUGH GRANTS
TO NOT-FOR-PROFIT THIRD PARTY PROVIDERS OF SUCH SERVICES.
  (IV) CONTRACTING WITH NOT-FOR-PROFIT THIRD PARTIES FOR THE PURPOSE  OF
PROVIDING  TECHNICAL ASSISTANCE TO MUNICIPALITIES, NOT-FOR-PROFIT ORGAN-
IZATIONS, LOCAL DEVELOPMENT CORPORATIONS, LOCAL EMPIRE ZONE  ADMINISTRA-
TIVE  BOARDS,  OR  BUSINESS  IMPROVEMENT  DISTRICTS TO ANALYZE POTENTIAL
DEVELOPMENT OPPORTUNITIES OR OBSTACLES.
  (V) ESTABLISH A COMMUNITY REVITALIZATION ECONOMIC SELF-HELP PROGRAM TO
ASSIST PUBLIC OFFICIALS, COMMUNITY  LEADERS,  ECONOMIC  DEVELOPMENT  AND
COMMUNITY  GROUPS  TO UNDERTAKE AN ECONOMIC DEVELOPMENT PLANNING PROCESS
AND TO ORGANIZE FOR ECONOMIC DEVELOPMENT.
  (A) ELIGIBLE APPLICANTS FOR  ASSISTANCE  UNDER  THIS  PARAGRAPH  SHALL
CONSIST  OF  A  MUNICIPALITY  OR  A  CONSORTIUM OF MUNICIPALITIES FROM A
REGION OF THE STATE, SUCH REGIONS AS ESTABLISHED  BY THE COMMISSIONER OF
THE DEPARTMENT OF ECONOMIC DEVELOPMENT PURSUANT TO SECTION  TWO  HUNDRED
THIRTY OF THE ECONOMIC DEVELOPMENT LAW.
  (B)  EACH  TRAINING  PROGRAM  SHALL REQUIRE EACH PARTICIPATING MUNICI-
PALITY TO:
  (1) ESTABLISH AN ECONOMIC DEVELOPMENT PLANNING GROUP;
  (2) UNDERTAKE A COMMUNITY PROFILE AND NEEDS ASSESSMENT;
  (3) UNDERTAKE LABOR MARKET AND RESOURCE SURVEYS; AND
  (4) PRODUCE A FIVE-YEAR STRATEGIC PLAN AND A ONE-YEAR WORK PROGRAM.
  (C) REQUESTS FROM MUNICIPALITIES OR CONSORTIA  OF  MUNICIPALITIES  FOR
TECHNICAL  ASSISTANCE  UNDER  THIS SECTION SHALL BE MADE DIRECTLY TO THE
CORPORATION OR THROUGH THE REGIONAL OFFICES OF THE DEPARTMENT OF ECONOM-
IC DEVELOPMENT.
  (D)  THE CORPORATION IS AUTHORIZED TO ENTER  INTO  COOPERATIVE  AGREE-
MENTS  WITH STATEWIDE AND REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS IN
NEW YORK  STATE,  ACTING  AS  CONSULTANTS,  TO  CONDUCT  JOINT  TRAINING
PROGRAMS  TO  TRAIN AND EDUCATE LOCAL OFFICIALS AND ECONOMIC DEVELOPMENT
PRACTITIONERS PURSUANT TO THIS PARAGRAPH. ANY CONTRACT FOR SERVICES WITH
SUCH ORGANIZATIONS SHALL NOT EXCEED THE SUM OF  FIFTY  THOUSAND  DOLLARS
FOR THE CONDUCT OF EACH TRAINING PROGRAM.
  (E) PARTICIPATING MUNICIPALITIES SHALL BE REQUIRED TO PROVIDE MATCHING
FUNDS  IN  AN  AMOUNT AT LEAST EQUAL TO ANY FUNDS PROVIDED BY THE CORPO-
RATION UNDER SUBDIVISION FOUR OF THIS SECTION.
  (F) THE CORPORATION SHALL, FOR ASSISTANCE PROVIDED  IN  THIS  PROGRAM,
DEVELOP  AND USE STANDARD PROJECT PROGRAM APPLICATIONS PURSUANT TO RULES
AND REGULATIONS, WHICH  SHALL  BE  PROMULGATED  BY  THE  CORPORATION  IN
ACCORDANCE WITH THE STATE ADMINISTRATIVE PROCEDURE ACT.  RULES AND REGU-

S. 1250                             9

LATIONS  SHALL  BE CONSISTENT WITH THE PROGRAM PLAN REQUIRED BY SUBDIVI-
SION NINETEEN OF SECTION ONE HUNDRED OF THE ECONOMIC DEVELOPMENT LAW.
  (8)  THE  DIRECTOR  OF  THE  BUDGET SHALL NOT ISSUE ANY CERTIFICATE OF
APPROVAL OF AVAILABILITY UNTIL THE CORPORATION HAS ENTERED INTO A  WRIT-
TEN  MASTER  AGREEMENT  WITH  THE  DIRECTOR  OF THE BUDGET PROVIDING FOR
REPAYMENT BY SUCH CORPORATION TO THE STATE OF NEW YORK  OF  ALL  AMOUNTS
EXPENDED  BY THE STATE FROM SUCH APPROPRIATION FOR LOANS, ON TERMS WHICH
MAY INCLUDE INTEREST THEREON AT A RATE PER ANNUM TO BE DETERMINED BY THE
DIRECTOR OF THE BUDGET AND A COPY OF SUCH AGREEMENT SHALL BE FILED  WITH
THE  STATE COMPTROLLER, THE CHAIRMAN OF THE SENATE FINANCE COMMITTEE AND
THE CHAIRMAN OF THE ASSEMBLY WAYS AND MEANS COMMITTEE.
  (9) THE STATE COMPTROLLER IS HEREBY AUTHORIZED  TO  RECEIVE  FROM  THE
CORPORATION REIMBURSEMENT OF MONEYS EXPENDED FROM THIS APPROPRIATION AND
TO DEPOSIT THE SAME TO THE CREDIT OF THE CAPITAL PROJECTS FUND.
  (10)  THE CORPORATION SHALL STREAMLINE THE REVIEW AND APPROVAL PROCESS
FOR PROJECTS AND WHEREVER POSSIBLE STANDARDIZE  ALL  RELEVANT  ATTENDANT
DOCUMENTATION AND LEGAL DOCUMENTS.
  (11)  NOTWITHSTANDING  THE  PROVISIONS OF SECTION FORTY-A OF THE STATE
FINANCE LAW AND ANY OTHER GENERAL OR SPECIAL LAW, SUCH WRITTEN AGREEMENT
SHALL NOT REQUIRE REPAYMENT AT ANY TIME OR  ON  ANY  TERMS  INCONSISTENT
WITH  THE  PROVISIONS  OF THIS ACT OR THE NEW YORK STATE PROJECT FINANCE
AGENCY ACT.  EXCEPT, HOWEVER, THAT THE CORPORATION MAY  MAKE  GRANTS  TO
PROJECTS  USING  FUNDS APPROPRIATED FOR THIS PURPOSE AND THAT THE REPAY-
MENT PROVISION MAY NOT APPLY TO SUCH GRANTS.
  (12) REPORT. THE CORPORATION SHALL:   (A) MONITOR THE  PERFORMANCE  OF
EACH RECIPIENT OF A GRANT OR CONTRACT UNDER THE PROVISIONS OF THIS ARTI-
CLE  AND REQUIRE PERIODIC AND ANNUAL REPORTS FROM EACH SUCH RECIPIENT AT
SUCH TIME AND IN SUCH A MANNER AS PRESCRIBED BY THE CHAIRMAN.
  (B) EVALUATE THE URBAN  AND  COMMUNITY  ECONOMIC  DEVELOPMENT  PROGRAM
REPORT, ON OR BEFORE OCTOBER FIRST NEXT SUCCEEDING THE EFFECTIVE DATE OF
THIS  SUBDIVISION,  AND  ON OR BEFORE EACH OCTOBER FIRST THEREAFTER, THE
RESULTS OF SUCH EVALUATION TO THE GOVERNOR AND THE  LEGISLATURE.    SUCH
REPORT  SHALL DISCUSS THE VARIETY AND TYPES OF PROGRAMS SUPPORTED BY THE
CORPORATION UNDER THIS PROGRAM; AND, AS APPROPRIATE, THE EXTENT TO WHICH
THE PROGRAM HAS SERVED TO CREATE AND MAINTAIN JOBS; THE EXTENT TO  WHICH
THE  PROGRAM  HAS  HELPED TO INCREASE THE VITALITY OF LOCAL COMMUNITIES;
THE EXTENT TO WHICH THE PROGRAM IS COORDINATED WITH OTHER RELATED  STATE
AND  LOCAL  ASSISTANCE  PROGRAMS; THE EXTENT TO WHICH THE PROGRAM SERVES
MINORITIES AND WOMEN; THE EXTENT TO WHICH THE PROGRAM SERVES  URBAN  AND
RURAL  AREAS;  THE  EXTENT  TO  WHICH  THE  PROGRAM  SERVES ECONOMICALLY
DISTRESSED AND HIGHLY DISTRESSED AREAS; THE EXTENT TO WHICH THE  PROGRAM
HAS  HELPED  TO INCREASE THE CAPACITY OF LOCAL GOVERNMENTS AND ORGANIZA-
TIONS TO UNDERTAKE  ECONOMIC  DEVELOPMENT  ACTIVITIES;  AND  SUCH  OTHER
COMPONENTS  AS THE COMMISSIONER SHALL DEEM APPROPRIATE; AND SHALL RECOM-
MEND CHANGES AND IMPROVEMENTS IN THE PROGRAM.
  (C) SUBMIT TO THE GOVERNOR, THE SPEAKER OF THE ASSEMBLY AND THE TEMPO-
RARY PRESIDENT OF THE SENATE, AN  EVALUATION  OF  PROGRAM  EFFECTIVENESS
PREPARED  BY  AN  ENTITY  INDEPENDENT OF THE DEPARTMENT. SUCH EVALUATION
SHALL BE SUBMITTED BY OCTOBER FIRST TWO YEARS AFTER THE  EFFECTIVE  DATE
OF  THIS  SUBDIVISION AND SHALL INCLUDE, BUT NOT BE LIMITED TO, INFORMA-
TION ON AND ASSESSMENT OF THE COMPONENTS REQUIRED TO BE INCLUDED IN  THE
ANNUAL REPORT OF THE CORPORATION, PURSUANT TO THIS SUBDIVISION.
  S  4. This act shall take effect on the first of April next succeeding
the date on which it shall have become a law.

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