The purpose of this Subpart is to implement the provisions of chapters 211, 212 and 871 of the Laws of 1990 which authorize the New York State Division for Youth to, subject to amounts appropriated through bonding, provide awards to municipalities and not-for-profit corporations to promote the physical, mental and social well-being of youth in order to prevent juvenile delinquency. Pursuant to the aforementioned laws and this Subpart, those municipalities and not-for-profit corporations who are provided awards shall receive the benefit of capital projects to acquire, construct or rehabilitate youth centers. These capital projects shall be financed through the Urban Development Corporation and shall be planned and completed by or on behalf of the Commissioner of General Services with the approval of the director of the Division of the Budget.