Assembly Bill A7830

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7830
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 11, 2025
                                ___________
 
 Introduced  by M. of A. JACKSON -- read once and referred to the Commit-
   tee on Housing
 
 AN ACT to amend the real property law, in relation to the rental assist-
   ance payment standard pilot program; and providing for the  repeal  of
   such provisions upon expiration thereof

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The real property law is amended by adding  a  new  section
 226-d to read as follows:
   §  226-D.  RENTAL  ASSISTANCE PAYMENT STANDARD PILOT PROGRAM. 1. WHERE
 THE REQUIREMENTS OF THIS SECTION ARE SATISFIED, THE OWNER OF  A  HOUSING
 ACCOMMODATION  SHALL  BE  ENTITLED TO CHARGE AND COLLECT A RENT EQUAL TO
 THE MAXIMUM AMOUNT THAT THE RENTAL  ASSISTANCE  PROGRAM  PRESCRIBES  FOR
 LIKE  HOUSING  ACCOMMODATIONS,  SUBJECT  TO  RENT  REASONABLENESS CALCU-
 LATIONS, NOTWITHSTANDING THAT SUCH RENTAL AMOUNT MIGHT EXCEED RENT LIMI-
 TATIONS UNDER ANY OTHER APPLICABLE LAW OR REGULATION.
   2. A HOUSING ACCOMMODATION SHALL  BE  SUBJECT  TO  THE  PROVISIONS  OF
 SUBDIVISION  ONE  OF THIS SECTION IF THE HOUSING ACCOMMODATION IS REGIS-
 TERED AS VACANT WITH THE STATE HOUSING AGENCY FOR REGISTRATION YEAR  TWO
 THOUSAND  TWENTY-FIVE  AND IS SUBSEQUENTLY RENTED TO A TENANT WHO IS THE
 RECIPIENT OF A RENTAL ASSISTANCE  HOUSING  VOUCHER  UNDER  ANY  FEDERAL,
 STATE, OR LOCAL PROGRAM, AND SUCH RENTAL ASSISTANCE IS PROVIDED PURSUANT
 TO  A  PAYMENT AGREEMENT BETWEEN THE OWNER AND APPLICABLE HOUSING AGENCY
 WITH RESPECT TO THE HOUSING ACCOMMODATION. ONLY  HOUSING  ACCOMMODATIONS
 IN BUILDINGS CONSTRUCTED PRIOR TO JANUARY FIRST, NINETEEN HUNDRED SEVEN-
 TY-FOUR SHALL BE ELIGIBLE.
   3.  WHERE A RENT PRESCRIBED BY A RENTAL ASSISTANCE PROGRAM PURSUANT TO
 SUBDIVISION ONE OF THIS SECTION EXCEEDS THE LEGAL REGULATED RENT,  PREF-
 ERENTIAL  RENT,  OR  MAXIMUM  COLLECTIBLE RENT FOR SUCH HOUSING ACCOMMO-
 DATION, SUCH LEGAL REGULATED RENT, PREFERENTIAL RENT, OR MAXIMUM COLLEC-
 TIBLE RENT SHALL BE PRESERVED AND  REGISTERED  WITH  THE  STATE  HOUSING
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11281-01-5
              

 A. 7830                             2
 
 AGENCY, AS APPLICABLE, SUBJECT TO ANY INCREASES ALLOWED BY LAW AS IF THE
 APARTMENT  WERE RENTED IN THE NORMAL COURSE DURING THE SAME TIME PERIOD.
 THE LEGAL RENT SHALL BE REINSTATED, SUBJECT TO ANY ALLOWABLE  INCREASES,
 WHEN  THE  HOUSING  ACCOMMODATION  IS  NO  LONGER  SUBJECT TO THE RENTAL
 ASSISTANCE PROGRAM.
   § 2. This act shall take effect immediately and shall  expire  and  be
 deemed  repealed  June  15,  2027, except that any housing accommodation
 with a vacancy lease start date before June 15, 2027 shall  continue  to
 be  covered  by  this  act  for as long as such housing accommodation is
 occupied by a tenant  with  a  rental  assistance  housing  voucher  and
 covered by a payment agreement with a government entity.