Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 01, 2022 |
returned to senate passed assembly ordered to third reading rules cal.542 substituted for a8098 |
Apr 26, 2022 |
referred to housing delivered to assembly passed senate |
Mar 14, 2022 |
advanced to third reading |
Mar 10, 2022 |
2nd report cal. |
Mar 09, 2022 |
1st report cal.691 |
Jan 05, 2022 |
referred to housing, construction and community development |
Jun 07, 2021 |
referred to rules |
Senate Bill S7235
2021-2022 Legislative Session
Sponsored By
(D) 27th Senate District
Archive: Last Bill Status - Passed Senate & Assembly
- 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
Actions
Votes
co-Sponsors
(D) 30th Senate District
2021-S7235 (ACTIVE) - Details
2021-S7235 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7235 SPONSOR: KAVANAGH TITLE OF BILL: An act to amend the private housing finance law, in relation to rental assistance and legal regulated rents in affordable housing projects PURPOSE: This bill is intended to allow public agencies that subsidize affordable housing projects, such as the NYC Department of Housing Preservation and Development, to provide rental assistance to cover rents that are higher than the rents that might otherwise be permitted under rent regulation, without affecting the legal rent beyond the period during which the subsidy is available. SUMMARY OF PROVISIONS: Section 1 of the bill amends article 13 of the private housing finance law adding a new section 612 relating to rental assistance and legal
2021-S7235 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7235 2021-2022 Regular Sessions I N S E N A T E June 7, 2021 ___________ 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 private housing finance law, in relation to rental assistance and legal regulated rents in affordable housing projects 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 section 610 to read as follows: § 610. RENTAL ASSISTANCE AND LEGAL REGULATED RENTS. 1. (A) NOTWITH- STANDING THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR OR THE RENT STABILIZATION LAW OF NINETEEN HUNDRED SIXTY-NINE, ANY REGU- LATION PROMULGATED PURSUANT TO SUCH ACT OR LAW, OR ANY OTHER PROVISION OF LAW, WHERE A HOUSING ACCOMMODATION IS SUBJECT TO A REGULATORY AGREE- MENT WITH A STATE OR MUNICIPAL AGENCY OR PUBLIC BENEFIT CORPORATION, OR A POLITICAL SUBDIVISION OF THE STATE, AND WHERE A FEDERAL, STATE, OR LOCAL PROGRAM PROVIDES RENTAL ASSISTANCE FOR SUCH HOUSING ACCOMMODATION, SUCH STATE OR MUNICIPAL AGENCY OR PUBLIC BENEFIT CORPORATION, OR POLI- TICAL SUBDIVISION OF THE STATE, MAY ALLOW IN SUCH REGULATORY AGREEMENT THE OWNER OF SUCH HOUSING ACCOMMODATION TO CHARGE AND COLLECT A RENT FOR SUCH HOUSING ACCOMMODATION THAT (I) DOES NOT EXCEED THE MAXIMUM PAYMENT STANDARD OR CONTRACT RENT THAT THE RENTAL ASSISTANCE PROGRAM MAY PROVIDE FOR SUCH HOUSING ACCOMMODATION, BUT (II) DOES EXCEED THE LEGAL REGULATED RENT FOR THE HOUSING ACCOMMODATION. (B) IF ANY SUCH RENTAL ASSISTANCE ENDS UPON THE VACANCY OF THE HOUSING ACCOMMODATION, THE OWNER OF SUCH HOUSING ACCOMMODATION SHALL THEREAFTER CHARGE AND COLLECT A RENT FOR SUCH HOUSING ACCOMMODATION THAT DOES NOT EXCEED THE LESSER OF (I) THE PREVIOUSLY ESTABLISHED LEGAL REGULATED RENT FOR SUCH HOUSING ACCOMMODATION, AS ADJUSTED BY THE MOST RECENT APPLICA- BLE GUIDELINES INCREASES APPROVED BY A RENT GUIDELINES BOARD ESTABLISHED PURSUANT TO THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR AND ANY OTHER INCREASES AUTHORIZED BY LAW, REGARDLESS OF WHEN THE PREVI- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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