senate Bill S7512

2013-2014 Legislative Session

Provides a unified funding point advantage for developers creating housing units that provide certain affordable housing

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 15, 2014 referred to housing, construction and community development

S7512 - Details

Law Section:
Public Housing Law
Laws Affected:
Add ยง22-a, Pub Hous L

S7512 - Summary

Provides a unified funding point advantage for developers creating housing units that provide certain affordable housing which is intended for and dedicated to municipal workers who currently reside in shelters or homeless persons programs.

S7512 - Sponsor Memo

S7512 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7512

                            I N  S E N A T E

                              May 15, 2014
                               ___________

Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT  to  amend  the  public  housing law, in relation to providing a
  unified funding point advantage for developers creating housing  units
  that provide certain affordable housing

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The public housing law is amended by adding a  new  section
22-a to read as follows:
  S  22-A.  UNIFIED FUNDING POINT ADVANTAGE. ANY DEVELOPER WHICH CREATES
AN ELIGIBLE LOW-INCOME BUILDING PURSUANT TO SUBDIVISION FIVE OF  SECTION
TWENTY-ONE OF THIS ARTICLE WHICH IS INTENDED FOR AND DEDICATED TO MUNIC-
IPAL  WORKERS  WHO  CURRENTLY  RESIDE  IN  SHELTERS  OR HOMELESS PERSONS
PROGRAMS, SHALL BE GRANTED A UNIFIED FUNDING POINT ADVANTAGE.
  S 2. This act shall take effect immediately; provided,  however,  that
effective immediately, the addition, amendment and/or repeal of any rule
or regulation necessary for the implementation of this act on its effec-
tive  date  are  authorized  and directed to be made and completed on or
before such effective date.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15218-01-4

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