NY State Senate Bill S8488

Archive: Last Bill Status - In Senate Committee Rules Committee

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 05, 2020	referred to rules

S8488 (ACTIVE) - Details

See Assembly Version of this Bill:: A10576
Current Committee:: Senate Rules
Law Section:: Public Housing Law
Laws Affected:: Add §20-a, Pub Hous L
Versions Introduced in 2021-2022 Legislative Session:: S2193, A3807

S8488 (ACTIVE) - Summary

Establishes an affordable housing five-year capital plan.

S8488 (ACTIVE) - Sponsor Memo

 
BILL NUMBER: S8488

SPONSOR: KAVANAGH
 
TITLE OF BILL:

An act to amend the public housing law, in relation to an affordable
housing five-year capital plan

 
PURPOSE OR GENERAL IDEA OF BILL:

To require a five-year capital spending plan for New York State Homes &
Community Renewal (HCR) for the fiscal year beginning on April 1, 2022,
and every fifth fiscal year thereafter.

 
SUMMARY OF PROVISIONS:

Sec. 1 adds a new section 20-a to public housing law.  Subsection 1
requires that, for the fiscal year beginning on April 1, 2022, and every
fifth fiscal year thereafter, the governor shall submit a statewide,
comprehensive five-year capital plan to the Legislature to support the
development, preservation and capital improvement of affordable housing

in New York State.

Subsection 2 sets forth minimum requirements for the spending plan
proposal and requires that such proposal be developed in consultation
with the relevant state agencies.

Subsection 3 stipulates that semi-annually after the enactment of a
five-year plan, HCR must submit and make publicly available information
summarizing the activities undertaken using the funding made available
in the enacted plan.

 
JUSTIFICATION:

As the State reaches the close of its five-year affordable and support-
ive housing plans, there is a growing uncertainty among developers of
these much-needed units about the future of projects still in conception
and in the pipeline, many of which could be abandoned without the prom-
ise of available funding in coming years. A five-year capital plan with
annual appropriations for critical programs would provide the State's
affordable housing providers with the ability to plan and continue their
vital work to meet the affordable housing needs of New York State's
residents.

 
PRIOR LEGISLATIVE HISTORY:

New bill.

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

To be determined.

 
EFFECTIVE DATE:
One year after enactment.

S8488 (ACTIVE) - Bill Text download pdf


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

                                  8488

                            I N  S E N A T E

                              June 5, 2020
                               ___________

Introduced  by Sen. KAVANAGH -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the public housing law, in  relation  to  an  affordable
  housing five-year capital plan

  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
20-a to read as follows:
  §  20-A.  AFFORDABLE HOUSING FIVE-YEAR CAPITAL PLAN. 1. FOR THE FISCAL
YEAR COMMENCING ON APRIL FIRST, TWO THOUSAND TWENTY-TWO AND EVERY  FIFTH
FISCAL YEAR THEREAFTER, THE GOVERNOR SHALL SUBMIT TO THE LEGISLATURE, AS
PART OF THE ANNUAL EXECUTIVE BUDGET, A STATEWIDE COMPREHENSIVE FIVE-YEAR
CAPITAL  PLAN  TO  SUPPORT  THE  DEVELOPMENT,  PRESERVATION  AND CAPITAL
IMPROVEMENT OF AFFORDABLE HOUSING IN NEW YORK STATE.
  2. THE STATEWIDE COMPREHENSIVE FIVE-YEAR CAPITAL PLAN TO  SUPPORT  THE
DEVELOPMENT,  PRESERVATION AND CAPITAL IMPROVEMENT OF AFFORDABLE HOUSING
IN NEW YORK STATE REQUIRED PURSUANT TO SUBDIVISION ONE OF  THIS  SECTION
SHALL  BE DEVELOPED IN CONSULTATION WITH ANY STATE DEPARTMENT, AGENCY OR
PUBLIC AUTHORITY WHICH ADMINISTERS AND/OR PLANS FOR THE  DEVELOPMENT  OF
ANY  PROGRAM  INTENDED  TO PROVIDE SUITABLE HOUSING ACCOMMODATIONS WHICH
MAY FALL UNDER THE PURVIEW OF THE CAPITAL PLAN AND SHALL PROVIDE FOR, AT
A MINIMUM: THE DEVELOPMENT OF SUPPORTIVE HOUSING UNITS; THE PRESERVATION
AND/OR CAPITAL IMPROVEMENT OF PUBLIC HOUSING UNITS OF THE NEW YORK  CITY
HOUSING AUTHORITY AND OTHER PUBLIC HOUSING AUTHORITIES IN THE STATE; THE
DEVELOPMENT  AND/OR  REHABILITATION  OF  AFFORDABLE  HOUSING TARGETED TO
LOW-INCOME SENIORS; THE  REHABILITATION  OF  SITE-SPECIFIC  MULTI-FAMILY
RENTAL  HOUSING  CURRENTLY  UNDER A REGULATORY AGREEMENT OR EXTENDED USE
AGREEMENT WITH THE DIVISION OF HOUSING AND COMMUNITY RENEWAL OR  ANOTHER
STATE,  FEDERAL OR LOCAL HOUSING AGENCY; THE PRESERVATION AND/OR CAPITAL
IMPROVEMENT OF MITCHELL-LAMA PROPERTIES; THE PROMOTION OF HOME OWNERSHIP
AMONG FAMILIES OF  LOW-  AND  MODERATE-INCOME;  AND  THE  REPAIR  AND/OR
REPLACEMENT  OF  MOBILE  AND MANUFACTURED HOMES. SUCH PLAN SHALL, TO THE
GREATEST EXTENT POSSIBLE: PROVIDE  FOR  BOTH  RENTAL  AND  HOMEOWNERSHIP
OPPORTUNITIES  AFFORDABLE  TO LOW- AND MODERATE-INCOME HOUSEHOLDS ACROSS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

                      [ ] is old law to be omitted.
                                                           LBD16399-02-0

S. 8488                             2

THE STATE; ADDRESS AREAS AND POPULATIONS WITH CRITICAL AFFORDABLE  HOUS-
ING  NEEDS;  AND  ADVANCE  THE  SPECIFIC  HOUSING PRIORITIES OF NEW YORK
STATE.
  3.  ON  OR  BEFORE  SEPTEMBER FIRST, TWO THOUSAND TWENTY-TWO AND ON OR
BEFORE SEPTEMBER FIRST ANNUALLY  THEREAFTER,  AND  ON  OR  BEFORE  MARCH
FIRST,  TWO  THOUSAND TWENTY-THREE AND ON OR BEFORE MARCH FIRST ANNUALLY
THEREAFTER, THE GOVERNOR SHALL, AS PART OF THE  STATEWIDE  COMPREHENSIVE
FIVE-YEAR  CAPITAL  PLAN  TO  SUPPORT  THE DEVELOPMENT, PRESERVATION AND
CAPITAL IMPROVEMENT OF AFFORDABLE HOUSING IN  NEW  YORK  STATE  REQUIRED
PURSUANT TO SUBDIVISION ONE OF THIS SECTION AND IN CONSULTATION WITH THE
COMMISSIONER  OF HOUSING AND COMMUNITY RENEWAL, SUBMIT AND MAKE PUBLICLY
AVAILABLE TO THE LEGISLATURE AND ON THE DIVISION'S  WEBSITE  INFORMATION
SUMMARIZING  THE  ACTIVITIES  UNDERTAKEN  PURSUANT  TO  THE FUNDING MADE
AVAILABLE IN THE ENACTED AFFORDABLE HOUSING CAPITAL PLAN. SUCH  INFORMA-
TION  SHALL  BE  CUMULATIVE  AND  SHALL INCLUDE AN ITEMIZED LIST OF EACH
PROJECT UTILIZING FUNDS APPROPRIATED BY THE AFFORDABLE  HOUSING  CAPITAL
PLAN  SUBSEQUENT TO THE ENACTMENT OF THE CAPITAL PLAN, INCLUDING A BRIEF
DESCRIPTION OF THE PROJECT, STREET ADDRESS, COUNTY, AWARDEE, TOTAL BUDG-
ET, AMOUNT OF CAPITAL SUBSIDY APPROPRIATED  BY  THE  AFFORDABLE  HOUSING
CAPITAL  PLAN,  RELEVANT SECTION OF THE AFFORDABLE HOUSING CAPITAL PLAN,
BONDED OR CASH, AMOUNT OF EACH ADDITIONAL PUBLIC FUNDING SOURCE, FUNDING
PROGRAM, NUMBER OF UNITS, AREA MEDIAN INCOME REQUIREMENTS IF APPLICABLE,
MONTH AND YEAR CONSTRUCTION WILL COMMENCE, PROJECTED DATE OF  OCCUPANCY,
AND  PROJECT PHASE (IN DEVELOPMENT, ENGINEERING, CONSTRUCTION, COMPLETE,
DEFUNDED).
  § 2. This act shall take effect one year after it shall have become  a
law.

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The New York State Senate

senate Bill S8488

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Archive: Last Bill Status - In Senate Committee Rules Committee

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S8488 (ACTIVE) - Details

S8488 (ACTIVE) - Summary

S8488 (ACTIVE) - Sponsor Memo

S8488 (ACTIVE) - Bill Text download pdf

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senate Bill S8488

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Sponsored By

Brian Kavanagh

Archive: Last Bill Status - In Senate Committee Rules Committee

Your Voice

Actions

S8488 (ACTIVE) - Details

S8488 (ACTIVE) - Summary

S8488 (ACTIVE) - Sponsor Memo

S8488 (ACTIVE) - Bill Text download pdf

Comments