senate Bill S7635

2021-2022 Legislative Session

Relates to low or moderate income housing projects

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 (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to housing, construction and community development

Co-Sponsors

S7635 (ACTIVE) - Details

See Assembly Version of this Bill:
A8883
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Public Housing Law
Laws Affected:
Add §14-a, Pub Hous L

S7635 (ACTIVE) - Summary

Relates to low or moderate income housing projects; allows local zoning boards of appeals to approve affordable housing developments; provides for an appeals process to the division of housing and community renewal; creates a state zoning board of appeals within the division to hear such appeals (view more) directs the division to conduct a study to integrate low income housing tax credit applications with the zoning application process under this act.

S7635 (ACTIVE) - Sponsor Memo

S7635 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7635
 
                             I N  S E N A T E
 
                              January 5, 2022
                                ___________
 
 Introduced  by  Sen.  MAY  --  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 public housing law, in relation to low or moderate
   income housing projects
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  The public housing law is amended by adding a new section
 14-a to read as follows:
   § 14-A. LOW OR MODERATE INCOME HOUSING PROJECTS. 1.  DEFINITIONS.  FOR
 THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOW-
 ING MEANINGS:
   (A)  "LOW  OR MODERATE INCOME HOUSING" MEANS ANY HOUSING SUBSIDIZED BY
 THE FEDERAL  OR  STATE  GOVERNMENT  UNDER  ANY  PROGRAM  TO  ASSIST  THE
 CONSTRUCTION  OF LOW OR MODERATE INCOME HOUSING AS DEFINED IN THE APPLI-
 CABLE FEDERAL OR STATE STATUTE, WHETHER BUILT OR OPERATED BY ANY  PUBLIC
 AGENCY  OR  ANY NONPROFIT ORGANIZATION OR LIMITED DIVIDEND ORGANIZATION.
 FOR A HOUSING PROJECT TO QUALIFY AS "LOW OR  MODERATE  INCOME  HOUSING",
 SUCH  HOUSING  PROJECT  SHALL:  (I) HAVE AT LEAST TWENTY-FIVE PERCENT OF
 SUCH HOUSING PROJECT'S UNITS BE AFFORDABLE TO  HOUSEHOLDS  WHO  EARN  NO
 MORE  THAN  EIGHTY PERCENT OF THE AREA MEDIAN INCOME; OR (II) FOR RENTAL
 HOUSING PROJECTS, HAVE AT LEAST TWENTY PERCENT OF SUCH HOUSING PROJECT'S
 UNITS AFFORDABLE TO HOUSEHOLDS EARNING BELOW FIFTY PERCENT OF  THE  AREA
 MEDIAN INCOME.
   (B)  "UNECONOMIC"  MEANS  ANY  CONDITION  BROUGHT  ABOUT BY ANY SINGLE
 FACTOR OR COMBINATION OF FACTORS TO THE EXTENT THAT IT MAKES IT SUBSTAN-
 TIALLY UNLIKELY FOR A PUBLIC AGENCY OR NONPROFIT ORGANIZATION TO PROCEED
 IN BUILDING OR OPERATING LOW OR MODERATE INCOME HOUSING  WITHOUT  FINAN-
 CIAL  LOSS,  OR FOR A LIMITED DIVIDEND ORGANIZATION TO PROCEED AND STILL
 REALIZE A REASONABLE RETURN IN BUILDING OR OPERATING SUCH HOUSING WITHIN
 THE LIMITATIONS SET BY THE SUBSIDIZING AGENCY OF GOVERNMENT ON THE  SIZE
 OR CHARACTER OF THE DEVELOPMENT OR ON THE AMOUNT OR NATURE OF THE SUBSI-
 DY  OR  ON  THE  TENANTS,  RENTALS  AND  INCOME PERMISSIBLE, AND WITHOUT
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13667-03-1

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