S T A T E O F N E W Y O R K
________________________________________________________________________
4635
2023-2024 Regular Sessions
I N A S S E M B L Y
February 21, 2023
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Local Governments
AN ACT to amend the general municipal law, in relation to authorizing
industrial development agencies to provide assistance to qualified
residential facilities
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. 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 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 or industrial purposes or other economically sound purposes iden-
tified 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, educational or
cultural facility, a horse racing facility, a railroad facility, A QUAL-
IFIED RESIDENTIAL FACILITY, a renewable energy project 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
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09414-01-3
A. 4635 2
located outside such municipality for whose benefit the agency was
created shall be contiguous with the portion of the project inside such
municipality.
§ 2. Section 854 of the general municipal law is amended by adding a
new subdivision 22 to read as follows:
(22) "QUALIFIED RESIDENTIAL FACILITY" - SHALL MEAN ANY MULTI-FAMILY
RESIDENTIAL FACILITY WITH UNITS THAT ARE FOR SALE, IN ANY MUNICIPALITY
LOCATED WITHIN THE COUNTY OF WESTCHESTER, AND WHICH IS LOCATED IN AN
URBAN RENEWAL AREA DESIGNATED UNDER ARTICLE FIFTEEN OF THIS CHAPTER OR A
HIGHLY DISTRESSED AREA, TOGETHER WITH BUILDINGS, STRUCTURES, MACHINERY,
EQUIPMENT, FACILITIES AND APPURTENANCES THERETO DEEMED NECESSARY, USEFUL
OR DESIRABLE IN CONNECTION THEREWITH, OR INCIDENTAL THERETO, BUT SHALL
NOT INCLUDE A CONTINUING CARE RETIREMENT COMMUNITY.
§ 3. This act shall take effect immediately.