N.Y. Private Housing Finance Law § 1130: Statement of legislative findings and purpose

§ 1130. Statement of legislative findings and purpose. The legislature

hereby finds and declares that there exists throughout the state a

serious shortage of affordable housing and that the cost of

infrastructure improvements, such as sewer, water and utility lines,

increases the cost of providing such housing. The legislature therefore

determines that a demonstration program should be established to provide

infrastructure development grants in conjunction with existing state,

local and federal housing programs to eligible applicants to enable, aid

and facilitate the development of affordable housing.