Assembly Bill A1967

2021-2022 Legislative Session

Relates to requiring affordable housing projects to calculate and only use the area median income for the specific zip code that the project is located in

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2021-A1967 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
Real Property Tax Law
Laws Affected:
Amd §421-a, RPT L
Versions Introduced in Other Legislative Sessions:
2017-2018: A5505
2019-2020: A3109
2023-2024: A5720

2021-A1967 (ACTIVE) - Summary

Relates to requiring affordable housing projects to calculate and only use the area median income for the specific zip code that the project is located in for determining affordability.

2021-A1967 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1967
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 13, 2021
                                ___________
 
 Introduced  by  M.  of  A.  BARNWELL, AUBRY, DE LA ROSA, EPSTEIN, REYES,
   VANEL, QUART, FERNANDEZ, J. RIVERA, KIM, TAYLOR, RODRIGUEZ,  D. ROSEN-
   THAL, CRUZ, FRONTUS, PICHARDO, JOYNER, DAVILA, SAYEGH, HYNDMAN, DILAN,
   GOODELL,  COOK,  BYRNES, NIOU, COLTON, WEPRIN, BARRON, BICHOTTE HERME-
   LYN, RICHARDSON -- read once and referred to the Committee on Housing

 AN ACT to amend the real property tax  law,  in  relation  to  requiring
   affordable  housing projects to calculate and only use the area median
   income for the specific zip code that the project is  located  in  for
   determining affordability
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 421-a of the real property tax law
 is amended by adding a new paragraph e to read as follows:
   E. "AREA MEDIAN INCOME (AMI)." WHENEVER CALCULATING THE  AFFORDABILITY
 OF  A  PROJECT, AMI SHALL BE BASED SOLELY ON THE SPECIFIC ZIP CODE WHERE
 THE PROJECT SHALL BE LOCATED.
   § 2. All affordable housing projects, including, but not  limited  to,
 421-a  projects,  shall  only  use  the area median income (AMI) for the
 specific zip code that the project is located in for determining afford-
 ability.  However, for any affordable housing project in the five  coun-
 ties  that  make up New York City, including, but not limited to a 421-a
 project, that is being located in a zip code  where  the  AMI  for  that
 specific  zip  code  is  higher  than  the  New York City Region AMI, as
 defined by HUD, the AMI for the affordability  project,  including,  but
 not  limited to a 421-a project, will be the AMI that HUD has determined
 to be the New York City Region AMI.
   § 3. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03189-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.