Defines community significant projects as businesses creating or retaining jobs for public housing residents in New York.
The bill defines "community significant projects" as businesses creating or retaining jobs, with a focus on employing or training current public housing residents. These businesses must be located or planned to be located in existing leased spaces within public housing developments in New York. Additionally, they must make significant qualified capital investments to start a business or improve services and working conditions. The commissioner will determine eligibility for the Excelsior Jobs Program.
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