senate Bill S2731

2021-2022 Legislative Session

Relates to affordable housing in cities having a population of one million or more

download bill text pdf

Sponsored By

Current 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 05, 2022 referred to housing, construction and community development
Jan 22, 2021 referred to housing, construction and community development

Co-Sponsors

S2731 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1287, Priv Hous Fin L; amd §11.00, Loc Fin L
Versions Introduced in 2019-2020 Legislative Session:
S7782

S2731 (ACTIVE) - Summary

Establishes the affordability plus program in cities having a population of one million or more to provide loans and grants to increase the supply of housing accommodations for families and persons of low income; makes related provisions.

S2731 (ACTIVE) - Sponsor Memo

S2731 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2731
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 22, 2021
                                ___________
 
 Introduced  by Sen. KAVANAGH -- 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 and the local finance
   law, in relation to affordable housing in cities having  a  population
   of one million or more

   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 31 to read as follows:
                               ARTICLE XXXI
                        AFFORDABILITY PLUS PROGRAM
 SECTION 1280. SHORT TITLE.
         1281. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE.
         1282. DEFINITIONS.
         1283. LOANS AND GRANTS.
         1284. RENTS.
         1285. RULES; ENFORCEMENT.
         1286. SEVERABILITY.
         1287. REPORTING.
   §  1280.  SHORT TITLE. THIS ARTICLE SHALL BE KNOWN AND MAY BE CITED AS
 THE "AFFORDABILITY  PLUS PROGRAM".
   § 1281. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE
 HEREBY FINDS AND DECLARES THAT THERE IS, IN CITIES HAVING  A  POPULATION
 OF  ONE MILLION OR MORE, A SERIOUSLY INADEQUATE SUPPLY OF SAFE AND SANI-
 TARY HOUSING ACCOMMODATIONS WITHIN THE FINANCIAL REACH OF  FAMILIES  AND
 PERSONS OF LOW INCOME. THIS CONDITION IS CONTRARY TO THE PUBLIC INTEREST
 AND  THREATENS  THE HEALTH, SAFETY, WELFARE, COMFORT AND SECURITY OF THE
 PEOPLE OF SUCH CITIES. THE LEGISLATURE FURTHER FINDS AND  DECLARES  THAT
 THE ORDINARY OPERATIONS OF PRIVATE ENTERPRISE CANNOT PROVIDE AN ADEQUATE
 SUPPLY  OF  SAFE  AND SANITARY HOUSING ACCOMMODATIONS AT RENTAL AND SALE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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