S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4635
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 21, 2023
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Local Governments
 
 AN ACT to amend the general municipal law, in  relation  to  authorizing
   industrial  development  agencies  to  provide assistance to qualified
   residential facilities
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Subdivision 4 of section 854 of the general municipal law,
 as amended by section 5 of part X of chapter 59 of the laws of 2021,  is
 amended to read as follows:
   (4)  "Project"  -  shall mean any land, any building or other improve-
 ment, and all real and personal properties located within the  state  of
 New York and within or outside or partially within and partially outside
 the  municipality  for  whose benefit the agency was created, including,
 but not limited to, machinery, equipment  and  other  facilities  deemed
 necessary  or  desirable in connection therewith, or incidental thereto,
 whether or not now in existence or under construction,  which  shall  be
 suitable for manufacturing, warehousing, research, commercial, renewable
 energy or industrial purposes or other economically sound purposes iden-
 tified  and  called  for  to implement a state designated urban cultural
 park management plan as provided in title G of the parks, recreation and
 historic preservation law and which may include or  mean  an  industrial
 pollution  control  facility,  a  recreation  facility,  educational  or
 cultural facility, a horse racing facility, a railroad facility, A QUAL-
 IFIED RESIDENTIAL FACILITY, a renewable energy project or an  automobile
 racing  facility,  provided,  however,  no agency shall use its funds or
 provide financial  assistance  in  respect  of  any  project  wholly  or
 partially  outside  the  municipality  for  whose benefit the agency was
 created without the prior consent  thereto  by  the  governing  body  or
 bodies  of  all the other municipalities in which a part or parts of the
 project is, or is to be,  located,  and  such  portion  of  the  project
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09414-01-3
              

 A. 4635                             2
 
 located  outside  such  municipality  for  whose  benefit the agency was
 created shall be contiguous with the portion of the project inside  such
 municipality.
   §  2.  Section 854 of the general municipal law is amended by adding a
 new subdivision 22 to read as follows:
   (22) "QUALIFIED RESIDENTIAL FACILITY" - SHALL  MEAN  ANY  MULTI-FAMILY
 RESIDENTIAL  FACILITY  WITH UNITS THAT ARE FOR SALE, IN ANY MUNICIPALITY
 LOCATED WITHIN THE COUNTY OF WESTCHESTER, AND WHICH  IS  LOCATED  IN  AN
 URBAN RENEWAL AREA DESIGNATED UNDER ARTICLE FIFTEEN OF THIS CHAPTER OR A
 HIGHLY  DISTRESSED AREA, TOGETHER WITH BUILDINGS, STRUCTURES, MACHINERY,
 EQUIPMENT, FACILITIES AND APPURTENANCES THERETO DEEMED NECESSARY, USEFUL
 OR DESIRABLE IN CONNECTION THEREWITH, OR INCIDENTAL THERETO,  BUT  SHALL
 NOT INCLUDE A CONTINUING CARE RETIREMENT COMMUNITY.
   § 3. This act shall take effect immediately.