Section 1827. Loans for multi-tenant facilities

When in the judgment of the
  authority   a   need   exists   for  additional  space  for  industrial,
  manufacturing, research and development use or other  eligible  business
  facilities  in  an  area  of  the  state,  it may make a loan to a local
  development  corporation  or  issue  a  loan  guarantee  to  a   banking
  organization  to assist in financing a project for a business enterprise
  which proposes to lease the project to two or more tenants  to  be  used
  for  manufacturing,  industrial or research and development purposes, or
  to be used as an eligible business facility, provided that the authority
  shall make a finding in lieu of the  findings  referred  to  in  section
  eighteen   hundred   twenty-six,   that   such  business  enterprise  is
  financially responsible and presumptively able to comply with any lease,
  mortgage or other agreement made  by  it  with  the  authority,  banking
  organization  or  a local development corporation in connection with the
  project.