senate Bill S5257

2021-2022 Legislative Session

Enacts the "Housing Our Neighbors with Dignity act"

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

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 01, 2021 referred to housing, construction and community development

Co-Sponsors

S5257 (ACTIVE) - Details

See Assembly Version of this Bill:
A6593
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1282, Priv Hous Fin L; add §99-ii, St Fin L

S5257 (ACTIVE) - Summary

Enacts the "Housing Our Neighbors with Dignity act" in order to provide a mechanism for the state to purchase, acquire and hold distressed commercial real estate and other commercial properties for the purpose of maintaining or increasing affordable housing in cities with a population of one million or more.

S5257 (ACTIVE) - Sponsor Memo

S5257 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5257
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               March 1, 2021
                                ___________
 
 Introduced  by Sen. GIANARIS -- 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 state finance
   law, in relation to enacting the "housing our neighbors  with  dignity
   act"

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "housing our neighbors with dignity act".
   §  2. The private housing finance law is amended by adding a new arti-
 cle 31 to read as follows:
                               ARTICLE XXXI
                HOUSING OUR NEIGHBORS WITH DIGNITY PROGRAM
 SECTION 1280. LEGISLATIVE FINDINGS AND PURPOSE.
         1281. DEFINITIONS.
         1282. HOUSING OUR NEIGHBORS WITH DIGNITY PROGRAM.
   § 1280. LEGISLATIVE FINDINGS AND  PURPOSE.  THE  STATE  OF  NEW  YORK,
 THROUGH  THE  DIVISION OF HOUSING AND COMMUNITY RENEWAL, IS EMPOWERED TO
 PURCHASE AND CONVERT DISTRESSED HOTELS  AND  COMMERCIAL  PROPERTIES,  IN
 CITIES  WITH  A POPULATION OF ONE MILLION OR MORE, FOR USE AS AFFORDABLE
 PERMANENT HOUSING THAT MEETS STANDARDS  ESTABLISHED  TO  ENSURE  SAFETY,
 HABITABILITY, QUALITY, AND ACCESS TO SUPPORTIVE SERVICES AS APPROPRIATE,
 TO  BE  MADE  AVAILABLE TO LOW-INCOME HOUSEHOLDS AND PEOPLE EXPERIENCING
 HOMELESSNESS IMMEDIATELY PRIOR TO ENTERING SUCH HOUSING.  THESE  PROPER-
 TIES  WILL  BE  MANAGED  BY  APPROPRIATE NONPROFIT ORGANIZATIONS, EITHER
 THROUGH TRANSFER OF OWNERSHIP OR LONG-TERM NET LEASE  BY  THE  NEW  YORK
 GOVERNMENTAL ENTITY THAT ACQUIRED THE PROPERTY.
   THE ACQUIRED PROPERTIES MAY BE CONVERTED INTO HOUSING MODELS AS DEEMED
 NECESSARY  BY  THE  STATE  OR  APPROPRIATE  NONPROFIT  AUTHORITY FOR THE
 PURPOSES  OF  CREATING  SUPPORTIVE  AND/OR  AFFORDABLE  HOUSING   UNITS;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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