Senate Bill S566

2023-2024 Legislative Session

Establishes the sustainable affordable housing incentive program

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Housing, Construction And Community Development Committee


  • 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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2023-S566 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Add Art 32 §§1290 - 1292, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8053
2021-2022: S2732

2023-S566 (ACTIVE) - Summary

Establishes the sustainable affordable housing incentive program to provide assistance in the form of payments, grants and loans for reasonable and necessary expenses to an eligible applicant for sustainable housing activities; defines terms.

2023-S566 (ACTIVE) - Sponsor Memo

2023-S566 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    566
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              January 5, 2023
                                ___________
 
 Introduced by Sens. KAVANAGH, MANNION -- 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, in relation  to  estab-
   lishing the sustainable affordable housing incentive program

   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
 article 32 to read as follows:
                               ARTICLE XXXII
             SUSTAINABLE AFFORDABLE HOUSING INCENTIVE PROGRAM
 SECTION 1290. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE.
         1291. DEFINITIONS.
         1292. SUSTAINABLE AFFORDABLE HOUSING INCENTIVE PROGRAM.
   § 1290. STATEMENT OF LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE
 FINDS  AND  DECLARES  THAT CLIMATE CHANGE IS HAVING A SIGNIFICANT IMPACT
 UPON OUR ENVIRONMENT, HEALTH, AND SAFETY AND IT IS NECESSARY  TO  IMPLE-
 MENT  PROGRAMS AND POLICIES THAT IMMEDIATELY REDUCE GREENHOUSE GAS EMIS-
 SIONS. THE LEGISLATURE FURTHER  FINDS  THAT  RESIDENTIAL  HOUSING  IS  A
 SOURCE  FOR  SUCH  EMISSIONS AND WE CAN ONLY ADDRESS CLIMATE CHANGE IN A
 MEANINGFUL MANNER IF WE CHANGE  OUR  PRACTICES  AND  BEHAVIORS  AS  THEY
 RELATE  TO THE CONSTRUCTION OF AND IMPROVEMENTS TO SUCH HOUSING, SUCH AS
 THE USE OF ENVIRONMENTALLY-SENSITIVE DESIGN AND THE  CONSTRUCTION  PRAC-
 TICES  AND MATERIALS; THE INSTALLATION OF ENERGY EFFICIENT PRODUCTS; AND
 ACCESS TO RENEWABLE ENERGY SOURCES.    ESTABLISHING  A  NEW  PROGRAM  TO
 ENCOURAGE AND PUBLICLY SUBSIDIZE MORE ENVIRONMENTALLY-FRIENDLY PRACTICES
 AND MATERIALS WILL REDUCE GREENHOUSE GAS EMISSIONS FROM MULTI-UNIT HOUS-
 ING THROUGHOUT NEW YORK STATE AND HELP ADDRESS CLIMATE CHANGE FOR FUTURE
 GENERATIONS.
   §  1291.  DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, THE FOLLOWING
 TERMS SHALL HAVE THE FOLLOWING MEANINGS:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01709-01-3
              

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