Assembly Actions -
Senate Actions - UPPERCASE
|May 22, 2020||
referred to housing
Assembly Bill A10478
2019-2020 Legislative Session
Archive: Last Bill Status - In Assembly Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2019-A10478 (ACTIVE) - Details
2019-A10478 (ACTIVE) - Summary
Authorizes the commissioner of New York homes and community renewal, as soon as practicable and subject to the disbursement of federal funds expressly for this purpose to the housing finance agency, to implement an emergency COVID-19 homeownership stability program and issue an emergency homeownership payment directly to the eligible homeowner; makes related provisions.
2019-A10478 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10478 I N A S S E M B L Y May 22, 2020 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Thiele, Lavine, Stern, Griffin) -- read once and referred to the Committee on Housing AN ACT to amend the public housing law, in relation to establishing the COVID-19 emergency homeownership stability program 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 article 14 to read as follows: ARTICLE 14 COVID-19 EMERGENCY HOMEOWNERSHIP STABILITY PROGRAM SECTION 600. DEFINITIONS. 601. AUTHORITY TO IMPLEMENT COVID-19 EMERGENCY HOMEOWNERSHIP STABILITY PROGRAM. 602. ELIGIBILITY. 603. TAX LIEN FORECLOSURE. 604. MORTGAGE FORECLOSURE. 605. PAYMENT. § 600. DEFINITIONS. FOR PURPOSES OF THIS ARTICLE, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: 1. "ADJUSTED INCOME" SHALL MEAN INCOME MINUS ANY DEDUCTIONS ALLOWABLE AT THE DISCRETION OF THE COMMISSIONER PURSUANT TO THIS SECTION. IN DETERMINING THE INCOME OF A HOUSEHOLD FOR THE PURPOSES OF THIS PARA- GRAPH, INCOME SHALL BE CONSIDERED TO INCLUDE ONLY INCOME THAT THE HOUSE- HOLD IS RECEIVING AT THE TIME OF APPLICATION FOR ASSISTANCE FROM THE PROGRAM AND ANY INCOME RECENTLY TERMINATED SHALL NOT BE INCLUDED, EXCEPT THAT FOR PURPOSES OF HOUSEHOLDS RECEIVING ASSISTANCE FOR ARREARAGES INCOME MAY INCLUDE THE INCOME THAT THE HOUSEHOLD WAS RECEIVING AT THE TIME SUCH ARREARAGES WERE INCURRED. 2. "INCOME" SHALL MEAN INCOME FROM ALL SOURCES OF EACH MEMBER OF THE HOUSEHOLD, INCLUDING ALL WAGES, TIPS, OVERTIME, SALARY, RECURRING GIFTS, RETURNS ON INVESTMENTS, WELFARE ASSISTANCE, SOCIAL SECURITY PAYMENTS, CHILD SUPPORT PAYMENTS, UNEMPLOYMENT BENEFITS, ANY BENEFIT, PAYMENT OR CASH GRANT WHOSE PURPOSE IS TO ASSIST WITH RENTAL PAYMENTS, ANY PAYMENTS EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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