NY State Senate Bill S6954A

Archive: Last Bill Status - Passed Senate

Introduced
In Committee
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- Passed Assembly
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Actions

view actions (9)

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 15, 2016	referred to housing delivered to assembly passed senate
Jun 08, 2016	ordered to third reading cal.1572
Jun 07, 2016	reported and committed to rules
Mar 30, 2016	print number 6954a
Mar 30, 2016	amend (t) and recommit to finance
Mar 16, 2016	reported and committed to finance
Mar 09, 2016	referred to housing, construction and community development

Votes

view votes

Jun 15, 2016 - floor Vote

S6954A

floor

Aye

Nay

Absent

Excused

Abstained

Jun 8, 2016 - Rules committee Vote

S6954A

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

Jun 7, 2016 - Finance committee Vote

S6954A

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

Mar 16, 2016 - Housing, Construction and Community Development committee Vote

S6954

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

Bill Amendments

Original

A (Active)

Original

A (Active)

S6954 - Details

See Assembly Version of this Bill:: A10285
Law Section:: Private Housing Finance Law
Laws Affected:: Add Art 28 §§1240 - 1242, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:: 2017-2018: S1378, A1124
2019-2020: A410
2021-2022: A570

S6954 - Summary

Establishes the mobile and manufactured home replacement program.

S6954 - Sponsor Memo

S6954 - Bill Text download pdf

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

                                  6954

                            I N  S E N A T E

                              March 9, 2016
                               ___________

Introduced  by  Sen.  LITTLE -- 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  private housing finance law, in relation to the
  rural mobile home replacement program

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

  Section  1. The private housing finance law is amended by adding a new
article 28 to read as follows:
                             ARTICLE XXVIII
                  RURAL MOBILE HOME REPLACEMENT PROGRAM
SECTION 1240. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE.
        1241. DEFINITIONS.
        1242. RURAL MOBILE HOME REPLACEMENT CONTRACTS.
  S 1240. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE
HEREBY FINDS AND DECLARES THAT THERE EXISTS IN NEW YORK STATE A  SERIOUS
NEED  TO ELIMINATE OLDER, DILAPIDATED MOBILE HOMES AND REPLACE THEM WITH
NEW MODULAR OR STICK-BUILT HOMES ON SITE. OLDER MOBILE HOME  UNITS  WITH
RUSTED, LEAKING METAL ROOFS, METAL-FRAMED WINDOWS WITH INTERIOR TAKE-OUT
STORMS,  AND  METAL  SIDING,  ARE  THOSE  THAT MOST NEED REPLACEMENT. NO
MATTER THE AMOUNT OF REHABILITATION INVESTMENT, THE END RESULT IS UNSAT-
ISFACTORY IN TERMS OF LONGEVITY, ENERGY  EFFICIENCY  AND  AFFORDABILITY.
THE  LEGISLATURE  THEREFORE  FINDS  THAT, IN RURAL AREAS OF THE STATE, A
PROGRAM SHOULD BE ESTABLISHED TO FUND THE REPLACEMENT  OF  MOBILE  HOMES
WITH NEW AFFORDABLE AND ENERGY EFFICIENT MODULAR OR STICK-BUILT HOMES.
  S 1241. DEFINITIONS.  FOR  THE  PURPOSES OF THIS ARTICLE THE FOLLOWING
TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  1. "CORPORATION" SHALL MEAN THE HOUSING TRUST FUND CORPORATION  ESTAB-
LISHED IN SECTION FORTY-FIVE-A OF THIS CHAPTER.
  2.  "RURAL  MOBILE HOME REPLACEMENT PROGRAM" OR "PROGRAM" SHALL MEAN A
PROPOSAL BY AN ELIGIBLE APPLICANT FOR THE REPLACEMENT OF  A  DILAPIDATED
MOBILE HOME IN A RURAL AREA WITH A NEW MODULAR OR STICK-BUILT HOME.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14637-01-6

S. 6954                             2

  3.  "RURAL  AREA  OF  THE STATE" SHALL MEAN CITIES, TOWNS AND VILLAGES
HAVING A POPULATION OF LESS THAN TWENTY-FIVE THOUSAND AS  DETERMINED  BY
THE LAST FEDERAL DECENNIAL CENSUS.
  4.  "ELIGIBLE  APPLICANT"  SHALL MEAN A PERSON WHO OWNS AND LIVES IN A
DILAPIDATED MOBILE HOME THAT IS AT LEAST TEN YEARS OLD, ON LAND THAT THE
APPLICANT OWNS, WITH THE DEED IN THE APPLICANT'S NAME.
  5. "ELIGIBLE PROPERTY" SHALL MEAN A MOBILE HOME IN A RURAL  AREA  THAT
IS  THE PRIMARY RESIDENCE OF A PERSON WITH A TOTAL HOUSEHOLD INCOME THAT
DOES NOT EXCEED EIGHTY PERCENT OF AREA MEDIAN INCOME FOR THE  COUNTY  IN
WHICH A PROJECT IS LOCATED AS CALCULATED BY THE UNITED STATES DEPARTMENT
OF HOUSING AND URBAN DEVELOPMENT.
  S 1242. RURAL MOBILE HOME REPLACEMENT CONTRACTS. 1. ASSISTANCE. WITHIN
AMOUNTS  APPROPRIATED OR OTHERWISE AVAILABLE THEREFOR, THE HOUSING TRUST
FUND CORPORATION SHALL  DEVELOP  AND  ADMINISTER  A  RURAL  MOBILE  HOME
REPLACEMENT PROGRAM WHICH SHALL PROVIDE ASSISTANCE IN THE FORM OF GRANTS
TO AN ELIGIBLE APPLICANT FOR THE REPLACEMENT OF DILAPIDATED MOBILE HOMES
IN RURAL AREAS OF THE STATE.
  2.  PROGRAM CRITERIA. THE CORPORATION SHALL DEVELOP PROCEDURES, CRITE-
RIA AND REQUIREMENTS RELATED TO THE APPLICATION AND  AWARD  OF  PROJECTS
PURSUANT  TO  THIS  SECTION  WHICH  SHALL INCLUDE:   ELIGIBILITY, MARKET
DEMAND, FEASIBILITY AND  FUNDING  CRITERIA;  THE  FUNDING  DETERMINATION
PROCESS;  SUPERVISION  AND EVALUATION OF CONTRACTING APPLICANTS; REPORT-
ING, BUDGETING AND RECORD-KEEPING REQUIREMENTS; PROVISIONS FOR MODIFICA-
TION AND TERMINATION OF CONTRACTS; AND SUCH OTHER MATTERS NOT INCONSIST-
ENT WITH THE PURPOSES AND PROVISIONS OF THIS ARTICLE AS THE  CORPORATION
SHALL DEEM NECESSARY OR APPROPRIATE. THE CORPORATION SHALL REQUIRE THAT,
IN  ORDER  TO  RECEIVE  A  GRANT  PURSUANT TO THIS ARTICLE, THE ELIGIBLE
APPLICANT SHALL HAVE NO LIENS ON THE LAND AFTER CLOSING THE GRANT  OTHER
THAN  THE  NEW  HOME  FINANCING AND CURRENTLY EXISTING MORTGAGE OR MORT-
GAGES; ALL PROPERTY TAXES AND INSURANCES MUST BE  CURRENT;  ONE  HUNDRED
PERCENT  GRANTS  IN  THE  FORM  OF  DEFERRED PAYMENT LOANS (DPL) WILL BE
PROVIDED. A TEN YEAR DECLINING BALANCE LIEN IN THE FORM OF  A  NOTE  AND
MORTGAGE,  DULY FILED AT THE COUNTY CLERK'S OFFICE, WILL BE UTILIZED FOR
STICK-BUILT REPLACEMENT  PROJECTS.  NO  INTEREST  OR  PAYMENTS  WILL  BE
REQUIRED  ON  THE  DPL UNLESS THE PROPERTY IS SOLD OR TRANSFERRED BEFORE
THE REGULATORY TERM EXPIRES. IN SUCH CASES FUNDS WILL BE RECAPTURED FROM
THE PROCEEDS OF THE SALE OF THE HOME,  ON  A  DECLINING  BALANCE  BASIS,
UNLESS  AN INCOME-ELIGIBLE IMMEDIATE FAMILY MEMBER ACCEPTS OWNERSHIP OF,
AND RESIDES IN THE HOME FOR THE REMAINDER OF THE  REGULATORY  TERM.  THE
ELIGIBLE APPLICANT MUST AGREE TO ATTEND AN APPROVED HOMEOWNERSHIP TRAIN-
ING PROGRAM FOR POST-PURCHASE, CREDIT/BUDGET, AND HOME MAINTENANCE COUN-
SELING AS PART OF THE APPLICATION PROCESS.
  3.  FUNDING  CRITERIA.  THE  TOTAL  PAYMENT  PURSUANT TO ANY ONE GRANT
CONTRACT SHALL NOT EXCEED SEVENTY-FIVE THOUSAND DOLLARS AND THE CONTRACT
SHALL PROVIDE FOR COMPLETION OF THE PROGRAM WITHIN A REASONABLE  PERIOD,
AS SPECIFIED THEREIN, NOT TO EXCEED FOUR YEARS.
  4.  FUNDING  AND ANNUAL REPORT. THE CORPORATION IN ITS SOLE DISCRETION
SHALL AUTHORIZE ALL FUNDING DECISIONS AND MAKE ALL AWARD  ANNOUNCEMENTS.
THE  CORPORATION  SHALL, ON OR BEFORE DECEMBER THIRTY-FIRST IN EACH YEAR
SUBMIT A REPORT TO THE LEGISLATURE ON THE IMPLEMENTATION OF  THIS  ARTI-
CLE.  SUCH  REPORT  SHALL INCLUDE, BUT NOT BE LIMITED TO, FOR EACH AWARD
MADE TO A GRANTEE UNDER THIS  ARTICLE:  A  DESCRIPTION  OF  SUCH  AWARD;
CONTRACT  AMOUNT AND CUMULATIVE TOTAL; AND SUCH OTHER INFORMATION AS THE
CORPORATION DEEMS PERTINENT.
  S 2. This act shall take effect immediately.

S6954A (ACTIVE) - Details

See Assembly Version of this Bill:: A10285
Law Section:: Private Housing Finance Law
Laws Affected:: Add Art 28 §§1240 - 1242, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:: 2017-2018: S1378, A1124
2019-2020: A410
2021-2022: A570

S6954A (ACTIVE) - Summary

Establishes the mobile and manufactured home replacement program.

S6954A (ACTIVE) - Sponsor Memo

 BILL NUMBER:  S6954A

 TITLE OF BILL :

An act to amend the private housing finance law, in relation to the
mobile and manufactured home replacement program

 PURPOSE :

Establishes the mobile and manufactured home replacement program.

 SUMMARY OF PROVISIONS :

Section 1 amends the private housing finance law by adding a new
article 28. Section 2 establishes the effective date.

 JUSTIFICATION :

Mobile and manufactured homes provide an important source of
affordable housing throughout the State. Many of these homes are older
and dilapidated with rusted, leaking metal roofs, holes in flooring,
leaky metal-framed windows with interior take-outstorms. No matter the
amount of rehabilitation investment, the end result is unsatisfactory
in terms of longevity, energy efficiency and affordability.

The Mobile and Manufactured Home Replacement Program will fund the

replacement of older, dilapidated mobile and manufactured homes that
are sited on land owned by the homeowner, with new affordable and
energy efficient manufactured, modular or site-built homes. This
program will have a multiplier effect for the area as local
contractors, labor and building materials are used.

Eligible units of local government, or not-for-profit organizations
may apply to the New York State Housing Trust Fund Corporation to
administer a local Mobile and Manufactured Home Replacement Program of
up to $500,000. Local program administrators would be entitled to an
administrative fee of 7.5%.

Eligible property owners, with a total household income not to exceed
eighty percent of area median income, may apply through a local
program for funding of up to $100,000 for replacement of their
dilapidated mobile or manufactured home. As a condition of
eligibility, property owners may not have liens on the land after
closing the grant other than the new home financing and currently
existing mortgage or mortgages, and all property taxes and insurances
must be current. Recipients must live in the replaced home for ten
years, or recapture terms would apply. Eligible property owners must
complete a homeownership training program for which includes household
budgeting, home maintenance, predatory lending and post-purchase
counseling.

This program is an important component of replenishing the affordable
housing stock in New York State.

 LEGISLATIVE HISTORY :

New bill

 FISCAL IMPLICATIONS :

This program would be funded subject to annual appropriations made
through the State budget.

 EFFECTIVE DATE :
This act shall take effect immediately

S6954A (ACTIVE) - Bill Text download pdf

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

                                 6954--A

                            I N  S E N A T E

                              March 9, 2016
                               ___________

Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community  Development  --  reported favorably from said committee and
  committed to the Committee on Finance --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the private housing finance  law,  in  relation  to  the
  mobile and manufactured home replacement program

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

  Section 1. The private housing finance law is amended by adding a  new
article 28 to read as follows:
                             ARTICLE XXVIII
            MOBILE AND MANUFACTURED HOME REPLACEMENT PROGRAM
SECTION 1240. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE.
        1241. DEFINITIONS.
        1242. MOBILE AND MANUFACTURED HOME REPLACEMENT CONTRACTS.
  S 1240. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE
HEREBY  FINDS AND DECLARES THAT THERE EXISTS IN NEW YORK STATE A SERIOUS
NEED TO ELIMINATE OLDER, DILAPIDATED MOBILE AND MANUFACTURED  HOMES  AND
REPLACE  THEM  WITH NEW MANUFACTURED, MODULAR OR SITE-BUILT HOMES. OLDER
MOBILE OR MANUFACTURED HOME UNITS  WITH  RUSTED,  LEAKING  METAL  ROOFS,
METAL-FRAMED  WINDOWS  WITH  INTERIOR TAKE-OUT STORMS, AND METAL SIDING,
ARE THOSE THAT MOST NEED REPLACEMENT. NO MATTER THE AMOUNT OF  REHABILI-
TATION  INVESTMENT, THE END RESULT IS UNSATISFACTORY IN TERMS OF LONGEV-
ITY, ENERGY EFFICIENCY  AND  AFFORDABILITY.  THE  LEGISLATURE  THEREFORE
FINDS  THAT THE STATE SHOULD ESTABLISH A PROGRAM TO FUND THE REPLACEMENT
OF MOBILE OR MANUFACTURED HOMES WITH NEW AFFORDABLE AND ENERGY EFFICIENT
MANUFACTURED, MODULAR OR SITE-BUILT HOMES.
  S 1241. DEFINITIONS. FOR THE PURPOSES OF THIS  ARTICLE  THE  FOLLOWING
TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  1.  "CORPORATION" SHALL MEAN THE HOUSING TRUST FUND CORPORATION ESTAB-
LISHED IN SECTION FORTY-FIVE-A OF THIS CHAPTER.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14637-04-6

S. 6954--A                          2

  2. "DILAPIDATED" SHALL MEAN A HOUSING UNIT THAT DOES NOT PROVIDE  SAFE
AND ADEQUATE SHELTER, AND IN ITS PRESENT CONDITION ENDANGERS THE HEALTH,
SAFETY  OR  WELL-BEING  OF THE OCCUPANTS. SUCH A HOUSING UNIT SHALL HAVE
ONE OR MORE CRITICAL DEFECTS, OR A COMBINATION OF  INTERMEDIATE  DEFECTS
IN  SUFFICIENT  NUMBER  OR  EXTENT  TO  REQUIRE  CONSIDERABLE  REPAIR OR
REBUILDING. SUCH DEFECTS MAY INVOLVE ORIGINAL CONSTRUCTION, OR THEY  MAY
RESULT  FROM  CONTINUED NEGLECT OR LACK OF REPAIR OR FROM SERIOUS DAMAGE
TO THE STRUCTURE.
  3. "ELIGIBLE APPLICANT" SHALL MEAN A UNIT OF  LOCAL  GOVERNMENT  OR  A
NOT-FOR-PROFIT  CORPORATION  IN  EXISTENCE  FOR  A PERIOD OF ONE OR MORE
YEARS PRIOR TO APPLICATION, WHICH IS, OR WILL BE AT THE TIME  OF  AWARD,
INCORPORATED  UNDER  THE NOT-FOR-PROFIT CORPORATION LAW AND HAS SUBSTAN-
TIAL EXPERIENCE IN AFFORDABLE HOUSING.
  4. "ELIGIBLE PROPERTY" SHALL MEAN A MOBILE OR MANUFACTURED  HOME  THAT
IS  THE  PRIMARY  RESIDENCE OF A HOMEOWNER WITH A TOTAL HOUSEHOLD INCOME
THAT DOES NOT EXCEED EIGHTY PERCENT OF AREA MEDIAN INCOME FOR THE COUNTY
IN WHICH A PROJECT IS LOCATED AS CALCULATED BY THE UNITED STATES DEPART-
MENT OF HOUSING AND URBAN DEVELOPMENT.
  5. "MANUFACTURED HOME" SHALL HAVE THE SAME MEANING AS IS SET FORTH FOR
SUCH TERM IN SUBDIVISION SEVEN OF SECTION SIX HUNDRED ONE OF THE  EXECU-
TIVE LAW.
  6.  "MOBILE  AND  MANUFACTURED  HOME REPLACEMENT PROGRAM" OR "PROGRAM"
SHALL MEAN A PROPOSAL BY AN ELIGIBLE APPLICANT FOR THE REPLACEMENT OF  A
DILAPIDATED MOBILE OR MANUFACTURED HOME WITH A NEW MANUFACTURED, MODULAR
OR SITE-BUILT HOME. ALL REPLACEMENT HOMES SHALL BE ENERGY STAR RATED FOR
ENERGY EFFICIENCY.
  7. "MODULAR HOME" SHALL HAVE THE SAME MEANING AS IS SET FORTH FOR SUCH
TERM  IN  PARAGRAPH  THIRTY-THREE  OF  SUBDIVISION (B) OF SECTION ELEVEN
HUNDRED ONE OF THE TAX LAW.
  8. "SITE-BUILT HOME" SHALL MEAN A STRUCTURE BUILT ON-SITE USING BUILD-
ING MATERIALS DELIVERED TO THE SITE, EVEN IF SOME OF SUCH MATERIALS WERE
MANUFACTURED, PRODUCED OR ASSEMBLED OFF-SITE SUCH AS, BY WAY OF  EXAMPLE
AND NOT BY WAY OF LIMITATION, CONCRETE BLOCKS, WINDOWS, DOOR UNITS, WALL
OR ROOF PANELS, TRUSSES AND DORMERS.
  S 1242. MOBILE AND MANUFACTURED HOME REPLACEMENT CONTRACTS. 1. GRANTS.
WITHIN  THE LIMIT OF FUNDS AVAILABLE IN THE MOBILE AND MANUFACTURED HOME
REPLACEMENT PROGRAM, THE CORPORATION IS HEREBY AUTHORIZED TO ENTER  INTO
CONTRACTS  WITH  ELIGIBLE  APPLICANTS  TO PROVIDE GRANTS, WHICH SHALL BE
USED TO ESTABLISH PROGRAMS TO PROVIDE ASSISTANCE  TO  ELIGIBLE  PROPERTY
OWNERS TO REPLACE DILAPIDATED MOBILE OR MANUFACTURED HOMES IN THE STATE.
  2.  PROGRAM CRITERIA. THE CORPORATION SHALL DEVELOP PROCEDURES, CRITE-
RIA AND REQUIREMENTS RELATED TO THE APPLICATION AND  AWARD  OF  PROJECTS
PURSUANT  TO  THIS  SECTION  WHICH  SHALL INCLUDE:   ELIGIBILITY, MARKET
DEMAND, FEASIBILITY AND  FUNDING  CRITERIA;  THE  FUNDING  DETERMINATION
PROCESS;  SUPERVISION  AND EVALUATION OF CONTRACTING APPLICANTS; REPORT-
ING, BUDGETING AND RECORD-KEEPING REQUIREMENTS; PROVISIONS FOR MODIFICA-
TION AND TERMINATION OF CONTRACTS; AND SUCH OTHER MATTERS NOT INCONSIST-
ENT WITH THE PURPOSES AND PROVISIONS OF THIS ARTICLE AS THE  CORPORATION
SHALL DEEM NECESSARY OR APPROPRIATE.
  3. CONTRACT LIMITATIONS. THE TOTAL CONTRACT PURSUANT TO ANY ONE ELIGI-
BLE  APPLICANT IN A SPECIFIED REGION SHALL NOT EXCEED FIVE HUNDRED THOU-
SAND DOLLARS AND THE  CONTRACT  SHALL  PROVIDE  FOR  COMPLETION  OF  THE
PROGRAM  WITHIN  A  REASONABLE PERIOD, AS SPECIFIED THEREIN, WHICH SHALL
NOT IN ANY EVENT EXCEED FOUR YEARS FROM  COMMENCEMENT  OF  THE  PROGRAM.
UPON REQUEST, THE CORPORATION MAY EXTEND THE TERM OF THE CONTRACT FOR UP

S. 6954--A                          3

TO  AN  ADDITIONAL  ONE YEAR PERIOD FOR GOOD CAUSE SHOWN BY THE ELIGIBLE
APPLICANT.
  4.  PLANNING AND ADMINISTRATIVE COSTS. THE CORPORATION SHALL AUTHORIZE
THE ELIGIBLE APPLICANT TO  SPEND  SEVEN  AND  ONE-HALF  PERCENT  OF  THE
CONTRACT  AMOUNT  FOR APPROVED PLANNING AND ADMINISTRATIVE COSTS ASSOCI-
ATED WITH ADMINISTERING THE PROGRAM.
  5. THE CORPORATION SHALL REQUIRE THAT, IN ORDER  TO  RECEIVE  A  GRANT
PURSUANT  TO  THIS  ARTICLE,  THE  ELIGIBLE PROPERTY OWNER SHALL HAVE NO
LIENS ON THE LAND AFTER CLOSING  THE  GRANT  OTHER  THAN  THE  NEW  HOME
FINANCING AND CURRENTLY EXISTING MORTGAGE OR MORTGAGES, AND ALL PROPERTY
TAXES AND INSURANCES MUST BE CURRENT.
  6.  ASSISTANCE. FINANCIAL ASSISTANCE TO ELIGIBLE PROPERTY OWNERS SHALL
BE ONE HUNDRED PERCENT GRANTS IN THE  FORM  OF  DEFERRED  PAYMENT  LOANS
(DPL). A TEN YEAR DECLINING BALANCE LIEN IN THE FORM OF A NOTE AND MORT-
GAGE,  DULY  FILED  AT  THE  COUNTY CLERK'S OFFICE, WILL BE UTILIZED FOR
REPLACEMENT PROJECTS. NO INTEREST OR PAYMENTS WILL BE  REQUIRED  ON  THE
DPL  UNLESS  THE  PROPERTY  IS SOLD OR TRANSFERRED BEFORE THE REGULATORY
TERM EXPIRES. IN SUCH CASES FUNDS WILL BE RECAPTURED FROM  THE  PROCEEDS
OF  THE  SALE  OF  THE  HOME,  ON  A  DECLINING BALANCE BASIS, UNLESS AN
INCOME-ELIGIBLE  IMMEDIATE  FAMILY  MEMBER  ACCEPTS  OWNERSHIP  OF,  AND
RESIDES  IN THE NEW REPLACEMENT HOME FOR THE REMAINDER OF THE REGULATORY
TERM.  IN ADDITION THE MOBILE AND MANUFACTURED HOME REPLACEMENT  PROGRAM
ESTABLISHED  BY  THIS  ARTICLE  SHALL:  (A) PROVIDE FUNDS FOR RELOCATION
ASSISTANCE TO HOMEOWNERS WHO ARE UNABLE TO VOLUNTARILY  RELOCATE  DURING
THE DEMOLITION AND CONSTRUCTION PHASES OF THE PROJECT; (B) PROVIDE FUND-
ING  FOR THE COSTS OF DEMOLISHING AND DISPOSING OF THE DILAPIDATED HOME;
AND (C) COMPLEMENT AND BE  IN  ADDITION  TO  ANY  EXISTING  MOBILE  HOME
REPLACEMENT  ESTABLISHED  UNDER THE NEW YORK STATE HOME PROGRAM PURSUANT
TO SECTION ELEVEN HUNDRED SEVENTY-TWO OF THIS CHAPTER, OR ANY  SUCCESSOR
THERETO, AND FUNDED WITH FEDERAL FUNDS.
  7.  HOMEOWNERSHIP  TRAINING. THE ELIGIBLE PROPERTY OWNER MUST AGREE TO
ATTEND AN APPROVED HOMEOWNERSHIP  TRAINING  PROGRAM  FOR  POST-PURCHASE,
CREDIT/BUDGET,  AND  HOME MAINTENANCE COUNSELING AS PART OF THE APPLICA-
TION PROCESS.
  8. FUNDING CRITERIA. THE TOTAL  PAYMENT  PURSUANT  TO  ANY  ONE  GRANT
CONTRACT  SHALL NOT EXCEED ONE HUNDRED THOUSAND DOLLARS AND THE CONTRACT
SHALL PROVIDE FOR COMPLETION OF THE PROGRAM WITHIN A REASONABLE  PERIOD,
AS SPECIFIED THEREIN, NOT TO EXCEED FOUR YEARS.
  9.  FUNDING  AND ANNUAL REPORT. THE CORPORATION IN ITS SOLE DISCRETION
SHALL AUTHORIZE ALL FUNDING DECISIONS AND MAKE ALL AWARD  ANNOUNCEMENTS.
THE  CORPORATION  SHALL, ON OR BEFORE DECEMBER THIRTY-FIRST IN EACH YEAR
SUBMIT A REPORT TO THE LEGISLATURE ON THE IMPLEMENTATION OF  THIS  ARTI-
CLE.  SUCH  REPORT  SHALL INCLUDE, BUT NOT BE LIMITED TO, FOR EACH AWARD
MADE TO A GRANTEE UNDER THIS  ARTICLE:  A  DESCRIPTION  OF  SUCH  AWARD;
CONTRACT  AMOUNT AND CUMULATIVE TOTAL; AND SUCH OTHER INFORMATION AS THE
CORPORATION DEEMS PERTINENT.
  S 2. This act shall take effect immediately.

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The New York State Senate

senate Bill S6954A

Sponsored By

Archive: Last Bill Status - Passed Senate

Your Voice

Actions

Votes

Jun 15, 2016 - floor Vote

Floor Vote: Jun 15, 2016

Jun 8, 2016 - Rules committee Vote

Rules Committee Vote: Jun 8, 2016

Jun 7, 2016 - Finance committee Vote

Finance Committee Vote: Jun 7, 2016

Mar 16, 2016 - Housing, Construction and Community Development committee Vote

Committee Vote: Mar 16, 2016

Bill Amendments

S6954 - Details

S6954 - Summary

S6954 - Sponsor Memo

S6954 - Bill Text download pdf

S6954A (ACTIVE) - Details

S6954A (ACTIVE) - Summary

S6954A (ACTIVE) - Sponsor Memo

S6954A (ACTIVE) - Bill Text download pdf

Comments

senate Bill S6954A

Share this bill

Sponsored By

Betty Little

Archive: Last Bill Status - Passed Senate

Your Voice

Actions

Votes

Jun 15, 2016 - floor Vote

Floor Vote: Jun 15, 2016

Jun 8, 2016 - Rules committee Vote

Rules Committee Vote: Jun 8, 2016

Jun 7, 2016 - Finance committee Vote

Finance Committee Vote: Jun 7, 2016

Mar 16, 2016 - Housing, Construction and Community Development committee Vote

Committee Vote: Mar 16, 2016

Bill Amendments

S6954 - Details

S6954 - Summary

S6954 - Sponsor Memo

S6954 - Bill Text download pdf

S6954A (ACTIVE) - Details

S6954A (ACTIVE) - Summary

S6954A (ACTIVE) - Sponsor Memo

S6954A (ACTIVE) - Bill Text download pdf

Comments