S T A T E O F N E W Y O R K
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2788
2015-2016 Regular Sessions
I N S E N A T E
January 29, 2015
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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.
LBD06883-01-5