senate Bill S802

2017-2018 Legislative Session

Authorizes study of housing programs for low and middle income families

download bill text pdf

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Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development Committee


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 03, 2018 referred to housing, construction and community development
Jan 04, 2017 referred to housing, construction and community development

S802 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§35, 96 & 123, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S2171
2011-2012: S1309
2013-2014: S508
2015-2016: S3611
2019-2020: S1126

S802 (ACTIVE) - Summary

Authorizes the state division of housing and community renewal to study housing programs for low and middle income families, and provides for a moratorium on the voluntary dissolution of limited profit, limited dividend and redevelopment housing companies.

S802 (ACTIVE) - Sponsor Memo

S802 (ACTIVE) - Bill Text download pdf


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

                                   802

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                             January 4, 2017
                               ___________

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

AN ACT to direct the division of housing and community renewal to  study
  state  and locally aided housing programs and make recommendations for
  the preservation, modernization and increase in  the  supply  of  such
  housing;  to  amend  the  private  housing finance law, in relation to
  providing a moratorium on the voluntary dissolution of limited profit,
  limited dividend and redevelopment housing  companies;  and  providing
  for the repeal of certain provisions upon expiration thereof

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

  Section 1. Legislative intent.  New York state and its localities have
invested for more than a half century in the creation of low and  middle
income  housing to benefit those most in need and to the general benefit
of state and local economies. In many cases such housing has fallen into
disrepair or is being  lost  as  affordable  housing  due  to  statutory
provisions allowing owners to dissolve housing companies. The unmet need
for  affordable  housing  is  presently  greater than at any time in the
state's history. A temporary moratorium on the dissolution of any  hous-
ing  company  is  necessary  for  the  division of housing and community
renewal to complete its work and make recommendations.
  § 2. The division of housing and community renewal shall  undertake  a
comprehensive study of the present status of state and locally aided low
and middle income housing programs and make recommendations with respect
to  the preservation, modernization and expansion of the number of hous-
ing units provided by such programs. Such recommendations shall include,
but not be limited to, methods that may be employed by state  and  local
governments  to  retain  and  expand the existing inventory of state and
locally aided low and middle income  housing  so  as  to  preserve  such

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00027-01-7

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