New York Consolidated Laws, Executive Law - EXC § 900. Designation of target areas for concentrated revitalization

1. The office shall recommend to the cabinet the designation of specific distressed urban areas wherein a program of concentrated revitalization shall be directed based upon an assessment of extraordinary need as determined by the director.

2. Upon the recommendation of the cabinet and the approval of the governor to so designate an area wherein a program of concentrated revitalization shall be directed, the office, in cooperation with federal, state and local governments and agencies shall develop a plan to effectuate such targeted concentrated revitalization.  Such plan may include the formation of not-for-profit corporations or subsidiaries of existent public benefit corporations in such areas, the redirection of existing programs and resources for the benefit of such areas, and the creation of such new or expanded programs in such areas as may be authorized by law.