Establishes a New York Main Street development center within the empire state development corporation to disseminate information related to existing state programs to address the redevelopment of existing commercial/residential "Main Street" buildings.
STATE OF NEW YORK
________________________________________________________________________
1851--A
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 -- recommitted to the Committee on Housing, Construction and
Community Development in accordance with Senate Rule 6, sec. 8 --
reported favorably from said committee and committed to the Committee
on Finance -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
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 empire state
19 development corporation shall work in coordination with the department
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05447-02-6
S. 1851--A 2
1 of economic development, the division of housing and community renewal,
2 the department of state, the department of transportation, and the
3 office of parks, recreation and historic preservation to establish a
4 "New York Main Street development center" within such corporation. The
5 Main Street development center shall have as its mission the dissem-
6 ination of information related to existing state programs to address the
7 redevelopment of existing commercial/residential "Main Street" build-
8 ings. The "New York Main Street development center" shall be located
9 within the empire state development corporation and will serve as a
10 technical assistance and resource center to provide information and
11 technical assistance for any local main street revitalization efforts in
12 the state. The center will establish a web page which will link together
13 all state, local and federal programs which may be available to serve as
14 a resource for both developers, and community and local housing organ-
15 izations in their downtown revitalization initiatives. The center shall
16 also lend technical and training assistance to community officials and
17 provide a comprehensive library of main street development publications
18 from throughout the United States which shall be accessible to the
19 development community.
20 § 2. This act shall take effect immediately.
