Section 41. Legislative findings and purpose

The legislature hereby finds
  that large numbers of people in communities across our state are  unable
  to  secure  housing  for  themselves and are living in the streets or in
  emergency shelters,  despite  current  efforts  by  public  and  private
  agencies to provide adequate housing for those in need; 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;  that
  communities  across  the  state  must  each do their share to assist the
  homeless; and that the public interest  requires  that  state  financial
  assistance  be  provided  to construct or rehabilitate housing units for
  the homeless in communities throughout New York  state  and  to  explore
  alternative  means  of meeting their long-term housing needs, consistent
  with the fiscal constraints faced by New York  state.  The  legislature,
  therefore,  finds  that  a  special  fund should be established, to fund
  capital programs sponsored by  not-for-profit  corporations,  charitable
  organizations,  wholly owned subsidiaries of not-for-profit corporations
  or of charitable organizations, public corporations  and  municipalities
  that  will  expand  and  improve the supply of shelter and other housing
  arrangements for homeless persons.