N.Y. Special Needs Housing Act § 1
The legislature hereby finds that in certain municipalities of the state there exists substandard and unsanitary housing due to obsolescence, deterioration and dilapidation of buildings which provide single room dwelling accommodations; that there exists a need to provide safe and sanitary single room dwelling accommodations for persons of low income who are unable to live in self-contained apartments; that the present condition is contrary to the public interest and threatens the health, safety, welfare, comfort and security of the people of the state; and that the public interest requires projects to provide for the reconstruction, rehabilitation and improvement of such existing buildings. The legislature therefore finds that provision should be made for the housing trust fund corporation as established by section forty-five-a of the private housing finance law to contract with not-for-profit corporations for the accomplishment of such projects.
N.Y. Special Needs Housing Act § 1