Section 2851. Policy and purposes of article

It is hereby declared that a
  serious shortage of safe and sanitary nursing  home  accommodations  for
  persons of low income, whose need for combined nursing care, lodging and
  board  cannot  readily be provided by the ordinary unaided operations of
  private enterprise, exists in many  communities  throughout  the  state;
  that  there  is  need for non-profit corporations to construct, acquire,
  reconstruct, rehabilitate and improve, with loan  participation  by  the
  New York state housing finance agency or the New York state medical care
  facilities  finance  agency,  as  the case may be, low cost nursing home
  accommodations, including such other facilities as may be incidental and
  appurtenant thereto, to meet  such  needs  in  furtherance  of  articles
  seventeen and eighteen of the constitution, and for public assistance to
  such  companies by the granting of tax exemptions; that it is the policy
  of  the  state  to  promote  the  provision   of   such   nursing   home
  accommodations and that such provision is a public use and purpose.