Bill Text: NY S01851 | 2025-2026 | General Assembly | Introduced

---

Bill Title: Establishes a New York Main Street development center in the division of housing and community renewal.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Introduced) 2025-01-14 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S01851 Detail]

Download: New_York-2025-S01851-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                          1851

                               2025-2026 Regular Sessions

                    IN SENATE

                                    January 14, 2025
                                       ___________

        Introduced  by  Sens. HINCHEY, HELMING, JACKSON, KAVANAGH, MAY, ROLISON,
          WEBB -- read twice and ordered printed, and when printed to be commit-
          ted to the Committee on Housing, Construction and  Community  Develop-
          ment

        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:

     1    Section  1. The private housing finance law is amended by adding a new
     2  article 33 to read as follows:
     3                               ARTICLE XXXIII
     4                            NEW YORK MAIN STREET
     5                             DEVELOPMENT CENTER
     6  Section 1300. Legislative intent.
     7          1301. New York Main Street development center.
     8    § 1300. Legislative intent. The legislature  hereby  finds  that  with
     9  affordable  housing  in  increasingly  short  supply,  the New York Main
    10  Street development center will not only be the  catalyst  for  community
    11  renewal, but also address the critical need to provide affordable oppor-
    12  tunities  across  the  state.  Main streets and downtown buildings could
    13  serve as the primary location for new housing  opportunities  throughout
    14  this  state.  Main streets and Downtown Business Districts, are uniquely
    15  equipped to serve this function since these  areas  boast  underutilized
    16  water  and  sewer infrastructure, are the hubs of public transportation,
    17  and are the centers of commerce.
    18    § 1301. New York Main Street development center. The division of hous-
    19  ing and community renewal shall work in coordination with the department
    20  of economic development, the department  of  state,  the  department  of
    21  transportation, and the office of parks, recreation and historic preser-
    22  vation  to  establish a "New York Main Street development center" within
    23  such division. The Main Street development  center  shall  have  as  its

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05447-01-5
        S. 1851                             2

     1  mission  the  dissemination  of  information  related  to existing state
     2  programs to address the redevelopment of existing commercial/residential
     3  "Main Street" buildings. The "New York Main Street  development  center"
     4  shall  be  located  within the division of housing and community renewal
     5  and will serve as a technical assistance and resource center to  provide
     6  information and technical assistance for any local main street revitali-
     7  zation  efforts in the state. The center will establish a web page which
     8  will link together all state, local and federal programs  which  may  be
     9  available  to serve as a resource for both developers, and community and
    10  local housing organizations  in  their  downtown  revitalization  initi-
    11  atives.  The center shall also lend technical and training assistance to
    12  community officials and provide a comprehensive library of  main  street
    13  development  publications  from throughout the United States which shall
    14  be accessible to the development community.
    15    § 2. This act shall take effect immediately.