Relates to defining community significant projects and including such projects in the excelsior jobs program

Summary

The bill defines a community significant project as a business that creates or retains jobs in public‑housing‑authority‑owned space and makes a qualified capital investment. It amends the Economic Development Law so such projects can qualify for the Excelsior Jobs tax credit, with specific job‑creation thresholds and a ten‑year credit period. The goal is to encourage investment and employment opportunities for residents of public housing.

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