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: 1 Section 1. The private housing finance law is amended by adding a new 2 article 28 to read as follows: 3 ARTICLE 28 4 NEW YORK MAIN STREET 5 DEVELOPMENT CENTER 6 SECTION 1300. LEGISLATIVE INTENT. 7 1301. NEW YORK MAIN STREET DEVELOPMENT CENTER. 8 S 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 S 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 AND RECREATION TO ESTABLISH A 22 "NEW YORK MAIN STREET DEVELOPMENT CENTER" WITHIN SUCH DIVISION. THE MAIN 23 STREET DEVELOPMENT CENTER SHALL HAVE AS ITS MISSION THE DISSEMINATION OF 24 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 1 MENT OF EXISTING COMMERCIAL/RESIDENTIAL "MAIN STREET" BUILDINGS. THE 2 "NEW YORK MAIN STREET DEVELOPMENT CENTER" SHALL BE LOCATED WITHIN THE 3 DIVISION OF HOUSING AND COMMUNITY RENEWAL AND WILL SERVE AS A TECHNICAL 4 ASSISTANCE AND RESOURCE CENTER TO PROVIDE INFORMATION AND TECHNICAL 5 ASSISTANCE FOR ANY LOCAL MAIN STREET REVITALIZATION EFFORTS IN THE 6 STATE. THE CENTER WILL ESTABLISH A WEB PAGE WHICH WILL LINK TOGETHER ALL 7 STATE, LOCAL AND FEDERAL PROGRAMS WHICH MAY BE AVAILABLE TO SERVE AS A 8 RESOURCE FOR BOTH DEVELOPERS, AND COMMUNITY AND LOCAL HOUSING ORGANIZA- 9 TIONS IN THEIR DOWNTOWN REVITALIZATION INITIATIVES. THE CENTER SHALL 10 ALSO LEND TECHNICAL AND TRAINING ASSISTANCE TO COMMUNITY OFFICIALS AND 11 PROVIDE A COMPREHENSIVE LIBRARY OF MAIN STREET DEVELOPMENT PUBLICATIONS 12 FROM THROUGHOUT THE UNITED STATES WHICH SHALL BE ACCESSIBLE TO THE 13 DEVELOPMENT COMMUNITY. 14 S 2. This act shall take effect immediately.