11-A - Additional policy and purposes of article.

§  11-a.  Additional  policy  and purposes of article. 1. It is hereby  declared that the elimination of conditions causing a  deterioration  of  the  quality  of  urban  life  in  municipalities  of  the State and the  revitalization and improvement of the quality  of  urban  life  in  such  municipalities  through comprehensive programs and projects constituting  a total attack upon such  conditions  are  the  most  critical  problems  facing the municipalities, the state and the federal government, and are  vital   to   the  health,  well-being,  safety  and  prosperity  of  the  inhabitants of the municipalities and the people of the  state.  Neither  the  municipalities  nor the state have adequate resources to undertake,  develop and operate the comprehensive programs  and  projects  necessary  for  the  accomplishment  of  such  purposes. The ordinary operations of  private enterprise cannot rectify such  conditions  or  accomplish  such  purposes.  The elimination of such conditions and accomplishment of such  purposes   require   the   participation   and   cooperation   of    the  municipalities,  the  State, the Federal government, private enterprise,  institutions of higher learning, community and civic  groups,  fraternal  and   labor   organizations,  foundations,  and  all  other  responsible  components of the community.    2. Among the conditions causing such deterioration are: the  residence  of  large  numbers  of  families,  adults  and children in slum ghettos;  insanitary and inadequate  housing  or  other  physical  environment;  a  severe  shortage  of decent healthful housing accommodations to meet the  needs of large numbers  of  families,  adults  and  children;  economic,  educational or community imbalance resulting from excessive migration of  economic  or  other  groups  to or from communities; depletion of job or  business opportunities because of migration  of  business  and  industry  from  communities;  and  the existence of physical, social, and economic  blight and crime. Such conditions create and  perpetuate  slum  ghettos,  blight  and  crime,  cause a progressive deterioration of the quality of  urban life for all persons in the municipalities and the  State,  render  or  tend  to  render  the  municipalities undesirable places in which to  live, work and raise families, impair the sound economic,  cultural  and  social  growth of municipalities and communities thereof, break down the  ability of  municipalities  or  communities  thereof  to  grow,  expand,  develop  or  continue  as  viable  municipalities  or  communities,  and  threaten the life, health, well-being,  safety  and  prosperity  of  all  persons in municipalities and the people of the State.    2-a.  It  is hereby found that improvement of the physical environment  and revitalization of the quality of urban life in  such  municipalities  would  be  promoted  by cooperative action by tenants who are persons or  families of low income to acquire ownership of their  dwellings  and  to  operate  them  on a nonprofit basis; that such cooperative undertakings,  with their consequent pride and responsibility of ownership, would  help  to   stem   the  abandonment  of  deteriorating  but  structually  sound  buildings, which contributes  to  a  substantial  loss  of  much  needed  housing  stock,  and  would  lead  to  the  stabilization and renewal of  deteriorating neighborhoods. It is found necessary, in order  to  assure  the  feasibility  of such cooperative undertakings, to make available to  such tenants long-term financing on a favorable basis and tax  exemption  to  enable them to purchase and maintain their dwellings at a reasonable  cost.    3. The rehabilitation or redevelopment of slum ghettos and other areas  into sound healthy balanced viable communities, the enhancement  of  the  physical  environment,  health, and social well-being of the inhabitants  and the expansion of their social and economic opportunity require among  other measures the attraction to the neighborhoods of  varying  economic  classes  in  addition  to  persons  of  low  income and the availabilitytherein of a wide choice of housing from the standpoint  of  design  and  amenities.    4.  It  is  hereby  further  found  that  there  are  certain parts of  municipalities where conditions of blight are so extensive in area that,  notwithstanding a continued  shortage  of  safe  and  sanitary  dwelling  accommodations  in  the municipality for low and middle income families,  it is not economic  for  private  enterprise  to  build  limited  profit  housing  in  such  areas since it cannot supply proper housing at prices  within the economic reach of low-income families in such blighted  areas  or  attract  tenants  or  buyers  from other areas by offering rents and  prices which are competitive with rents and prices of housing  in  areas  of  the  municipality which are not blighted. It is found that there are  other locations in such  municipalities  where  housing  development  is  desirable  for  sound  community  growth,  but, similarly, where private  enterprise cannot build limited  profit  housing  which  is  within  the  economic reach of persons in the area who require such housing.    5.  It  is  the  purpose  of  this article to enable municipalities to  undertake  projects  directly  or  in  combination  with   the   Federal  government,   private  enterprise  and  any  of  the  other  responsible  components of the community, to accomplish the  public  purposes  herein  described  through  the  most effective and economical concentration and  coordination of Federal, State, local and private resources and efforts.    6. It is hereby further found and determined that  the  accomplishment  of  the  purposes  herein  described  is  a  matter of public concern, a  governmental purpose, a city, town, and village purpose,  and  a  public  purpose  and  a public use for the accomplishment of which (a) the money  and property of a city,  town  or  village,  may  be  given,  loaned  or  expended, (b) indebtedness may be contracted by a city, town or village,  and  (c)  eminent  domain  exercised  by  a  city,  town  or village, as  hereinafter provided.