New York Laws
Sub Title 7 - Subtitle Vii Special Project Development
1837 - Legislative Findings.

ยง 1837. Legislative findings. The legislature hereby finds that one of
the major concerns of the existing economy is the limited access to
financing assistance of businesses and services that support or
facilitate employment and economic development, but are not themselves
directly involved in manufacturing or industrial production.

It is the purpose of this subtitle to encourage the development of
community development projects that promote and enhance economic
development by providing loans and loan guarantees at a reasonable cost.