senate Bill S7772

Signed By Governor
2021-2022 Legislative Session

Relates to the housing our neighbors with dignity program

download bill text pdf

Sponsored By

Current Bill Status - Signed by Governor

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 21, 2022 signed chap.450
Jul 11, 2022 delivered to governor
Apr 25, 2022 returned to senate
passed assembly
ordered to third reading rules cal.89
substituted for a8792
Jan 24, 2022 referred to housing
delivered to assembly
passed senate
Jan 18, 2022 ordered to third reading cal.143
Jan 11, 2022 referred to rules

S7772 (ACTIVE) - Details

See Assembly Version of this Bill:
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§1280, 1281 & 1282, Priv Hous Fin L (as proposed in S.5257C & A.6593B)

S7772 (ACTIVE) - Summary

Makes technical corrections to the housing our neighbors with dignity program.

S7772 (ACTIVE) - Sponsor Memo

S7772 (ACTIVE) - Bill Text download pdf

                     S T A T E   O F   N E W   Y O R K
                             I N  S E N A T E
                             January 11, 2022
 Introduced  by Sen. GIANARIS -- 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  the
   housing our neighbors with dignity program

   Section 1. Section 1280 of the private housing finance law,  as  added
 by  a  chapter  of the laws of 2021 amending the private housing finance
 law relating to enacting the "housing our neighbors with  dignity  act",
 as proposed in legislative bills numbers S.5257C and A.6593B, is amended
 to read as follows:
   §  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,
 operated  and managed by appropriate nonprofit organizations through the
 use of government agency funding,  PURSUANT  TO  SUCH  APPROPRIATION  TO
 acquire AND/OR CONVERT the property.
   The acquired properties shall be converted into permanently affordable
 housing modeled as financially and operationally deemed necessary by the
 state or appropriate nonprofit organization for the purposes of creating
 supportive  or  permanently  affordable housing units; provided that the
 housing shall remain affordable as defined by the term affordable  hous-
 ing included in this article.
   §  2.  Subdivisions  2  and  3  of section 1281 of the private housing
 finance law, as added by a chapter of the  laws  of  2021  amending  the
 private housing finance law relating to enacting the "housing our neigh-
 bors with dignity act", as proposed in legislative bills numbers S.5257C
 and A.6593B, are amended to read as follows:
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.


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