{"data":{"id":"us-ny/n.y.-general-municipal-law-551","jurisdiction":"us-ny","citation":"N.Y. General Municipal Law § 551","heading":"Policy and purposes of article","body":"§ 551. Policy and purposes of article. It is hereby declared to be the\npolicy of this state to promote the expeditious undertaking, financing\nand completion of municipal urban renewal programs by the creation of\nmunicipal urban renewal agencies which are hereby declared to be\ngovernmental agencies and instrumentalities and to grant to such urban\nrenewal agencies the rights and powers provided in this article. The use\nof such rights and powers is a public purpose essential to the public\ninterest, and for which public funds may be expended.","path":["General Municipal Law","Article 15-A. Municipal Urban Renewal Agencies, Organization and Powers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GMU/551","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"c26d38b3e65686d40601045996a99381a0303a7a189a8fabd3f2d91387c74ca3","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-municipal-law-550","next":"us-ny/n.y.-general-municipal-law-552"},"notice":"GroundRules: Original legal text. Not legal advice."}