Senate Bill S5257B

Signed By Governor
2021-2022 Legislative Session

Enacts the "Housing Our Neighbors with Dignity act"

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor


  • 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

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Actions
Votes

Bill Amendments

co-Sponsors

2021-S5257 - Details

See Assembly Version of this Bill:
A6593
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1282, Priv Hous Fin L; add §99-nn, St Fin L; amd §301, Mult Dwell L

2021-S5257 - Summary

Enacts the "Housing Our Neighbors with Dignity act" in order to provide a mechanism for the state to finance the acquisition of distressed hotels and commercial office properties by the appropriate nonprofit organizations for the purpose of maintaining or increasing affordable housing.

2021-S5257 - Sponsor Memo

2021-S5257 - 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.
              

co-Sponsors

2021-S5257A - Details

See Assembly Version of this Bill:
A6593
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1282, Priv Hous Fin L; add §99-nn, St Fin L; amd §301, Mult Dwell L

2021-S5257A - Summary

Enacts the "Housing Our Neighbors with Dignity act" in order to provide a mechanism for the state to finance the acquisition of distressed hotels and commercial office properties by the appropriate nonprofit organizations for the purpose of maintaining or increasing affordable housing.

2021-S5257A - Sponsor Memo

2021-S5257A - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5257--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               March 1, 2021
                                ___________
 
 Introduced  by  Sens. GIANARIS, KAVANAGH, MYRIE, RIVERA, SALAZAR -- read
   twice and ordered printed, and when printed to  be  committed  to  the
   Committee  on  Housing,  Construction  and  Community  Development  --
   reported favorably from said committee and committed to the  Committee
   on Finance -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN  ACT  to amend the private housing finance law, the state finance law
   and the multiple dwelling 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, ACQUIRE, HOLD AND/OR CONVERT OR FINANCE THE PURCHASE, ACQUISI-
 TION, HOLDING AND/OR CONVERSION  OF  DISTRESSED  HOTELS  AND  COMMERCIAL
 OFFICE  PROPERTIES  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 PROPERTIES SHALL BE OWNED, OPER-
 ATED AND MANAGED BY APPROPRIATE NONPROFIT ORGANIZATIONS, EITHER  THROUGH
 TRANSFER  OF  OWNERSHIP  OR  LONG-TERM NET LEASE BY THE NEW YORK GOVERN-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

2021-S5257B - Details

See Assembly Version of this Bill:
A6593
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1282, Priv Hous Fin L; add §99-nn, St Fin L; amd §301, Mult Dwell L

2021-S5257B - Summary

Enacts the "Housing Our Neighbors with Dignity act" in order to provide a mechanism for the state to finance the acquisition of distressed hotels and commercial office properties by the appropriate nonprofit organizations for the purpose of maintaining or increasing affordable housing.

2021-S5257B - Sponsor Memo

2021-S5257B - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5257--B
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               March 1, 2021
                                ___________
 
 Introduced by Sens. GIANARIS, BRISPORT, KAVANAGH, MYRIE, RIVERA, SALAZAR
   -- read twice and ordered printed, and when printed to be committed to
   the  Committee  on  Housing, Construction and Community Development --
   reported favorably from said committee and committed to the  Committee
   on Finance -- committee discharged, bill amended, ordered reprinted as
   amended  and  recommitted  to  said committee -- committee discharged,
   bill amended, ordered reprinted as amended  and  recommitted  to  said
   committee
 
 AN  ACT  to amend the private housing finance law, the state finance law
   and the multiple dwelling 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, ACQUIRE, HOLD AND/OR CONVERT OR FINANCE THE PURCHASE, ACQUISI-
 TION, HOLDING AND/OR CONVERSION  OF  DISTRESSED  HOTELS  AND  COMMERCIAL
 OFFICE  PROPERTIES  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 PROPERTIES SHALL BE OWNED, OPER-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

2021-S5257C (ACTIVE) - Details

See Assembly Version of this Bill:
A6593
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 31 §§1280 - 1282, Priv Hous Fin L; add §99-nn, St Fin L; amd §301, Mult Dwell L

2021-S5257C (ACTIVE) - Summary

Enacts the "Housing Our Neighbors with Dignity act" in order to provide a mechanism for the state to finance the acquisition of distressed hotels and commercial office properties by the appropriate nonprofit organizations for the purpose of maintaining or increasing affordable housing.

2021-S5257C (ACTIVE) - Sponsor Memo

2021-S5257C (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5257--C
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               March 1, 2021
                                ___________
 
 Introduced by Sens. GIANARIS, BRISPORT, KAVANAGH, MYRIE, RIVERA, SALAZAR
   -- read twice and ordered printed, and when printed to be committed to
   the  Committee  on  Housing, Construction and Community Development --
   reported favorably from said committee and committed to the  Committee
   on Finance -- committee discharged, bill amended, ordered reprinted as
   amended  and  recommitted  to  said committee -- committee discharged,
   bill amended, ordered reprinted as amended  and  recommitted  to  said
   committee  -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the private housing 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 HOUSING TRUST FUND CORPORATION, IS EMPOWERED TO FINANCE  THE
 PURCHASE,  ACQUISITION,  HOLDING  OR CONVERSION OF DISTRESSED HOTELS AND
 COMMERCIAL OFFICE PROPERTIES FOR USE  AS  AFFORDABLE  PERMANENT  HOUSING
 THAT  MEETS STANDARDS ESTABLISHED TO ENSURE SAFETY, HABITABILITY, QUALI-
 TY, AND ACCESS TO SUPPORTIVE SERVICES AS APPROPRIATE, TO BE MADE  AVAIL-
 ABLE TO LOW-INCOME HOUSEHOLDS AND PEOPLE EXPERIENCING HOMELESSNESS IMME-
 DIATELY PRIOR TO ENTERING SUCH HOUSING. THESE PROPERTIES SHALL BE OWNED,

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09863-10-1
              

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