Assembly Bill A9487

Signed By Governor
2009-2010 Legislative Session

Authorizes the N.Y. city housing authority to transfer or restructure the ownership of all or part of certain housing developments

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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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Bill Amendments

co-Sponsors

2009-A9487 - Details

See Senate Version of this Bill:
S6430
Law Section:
Housing
Laws Affected:
Add §402-b, Pub Hous L

2009-A9487 - Summary

Authorizes the NYC housing authority to transfer or restructure the ownership of all or part of certain housing developments.

2009-A9487 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9487

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 6, 2010
                               ___________

Introduced by M. of A. V. LOPEZ -- read once and referred to the Commit-
  tee on Housing

AN  ACT  authorizing a certain housing authority to sell or lease all or
  part of certain housing developments

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings and declaration. The legislature finds
and  declares  that  the  state  has  a  vital interest in the continued
viability of public housing. It is necessary to ensure that public hous-
ing continues to serve low-income individuals  and  families  who  would
otherwise face homelessness or be forced into unsafe or unsanitary hous-
ing.  Public  housing functions as a safety net for persons most in need
of safe, decent and affordable housing. The  legislature  further  finds
that  the  New  York  City  Housing Authority has made, and continues to
make, a concerted effort to provide public housing  to  individuals  and
families  in  need.  Certain projects owned by the New York City Housing
Authority have suffered deterioration over time, and the housing author-
ity does not have sufficient resources to address this deterioration. An
infusion of private capital is necessary to ensure the continued success
and long term viability of these projects.  This  legislature  therefore
finds and declares that enactment of this legislation would enable rede-
velopment  and rehabilitation of those certain projects owned by the New
York City  Housing  Authority,  and  the  continued  operation  of  said
projects for persons and families of low income.
  S  2.  Upon  approval  by  the  commissioner  of housing and community
renewal and the city council of the city of New York, the New York  City
Housing  Authority  is hereby authorized to sell or lease all or part of
the projects commonly known as Marlboro Houses, Chelsea  Houses,  Castle
Hill  Houses, 344 East 28th Street, Amsterdam Addition, Bushwick Houses,
Stephen Wise Towers, Arthur H. Murphy Houses, Baychester  Houses,  Jona-
than  Williams Plaza, Drew-Hamilton Houses, Independence Towers, Rutgers
Houses, Stapleton Houses and Manhattanville Houses, located in the  city
of  New York, counties of Bronx, Kings, New York and Richmond, upon such

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

co-Sponsors

2009-A9487A - Details

See Senate Version of this Bill:
S6430
Law Section:
Housing
Laws Affected:
Add §402-b, Pub Hous L

2009-A9487A - Summary

Authorizes the NYC housing authority to transfer or restructure the ownership of all or part of certain housing developments.

2009-A9487A - Sponsor Memo

2009-A9487A - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 9487--A

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 6, 2010
                               ___________

Introduced  by  M.  of  A.  V. LOPEZ, SILVER, FARRELL, ARROYO, BENJAMIN,
  BROOK-KRASNY,  CYMBROWITZ,  ESPAILLAT,  HEASTIE,  JEFFRIES,  KAVANAGH,
  LENTOL,  MAISEL,  P. RIVERA,  TITONE  -- read once and referred to the
  Committee on Housing -- committee discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  authorizing a certain housing authority to transfer or restruc-
  ture the ownership of all or part of certain housing developments

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings and declaration. The legislature finds
and  declares  that  the  state  has  a  vital interest in the continued
viability of public housing. It is necessary to ensure that public hous-
ing continues to serve low-income individuals  and  families  who  would
otherwise face homelessness or be forced into unsafe or unsanitary hous-
ing.  Public  housing functions as a safety net for persons most in need
of safe, decent and affordable housing. The  legislature  further  finds
that  the  New  York  City  Housing Authority has made, and continues to
make, a concerted effort to provide public housing  to  individuals  and
families  in  need.  Certain projects owned by the New York City Housing
Authority have suffered deterioration over time, and the housing author-
ity does not have sufficient resources to address this deterioration. An
infusion of private capital is necessary to ensure the continued success
and long term viability of these projects.  This  legislature  therefore
finds and declares that enactment of this legislation would enable rede-
velopment  and rehabilitation of those certain projects owned by the New
York City  Housing  Authority,  and  the  continued  operation  of  said
projects for persons and families of low income.
  S  2.  Upon  approval  by  the  commissioner  of housing and community
renewal and the city council of the city of New York, the New York  City
Housing  Authority  is hereby authorized to sell or lease all or part of
the projects commonly known as Marlboro Houses, Chelsea  Houses,  Castle
Hill  Houses, 344 East 28th Street, Amsterdam Addition, Bushwick Houses,
Stephen Wise Towers, Arthur H. Murphy Houses, Baychester  Houses,  Jona-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

co-Sponsors

multi-Sponsors

2009-A9487B (ACTIVE) - Details

See Senate Version of this Bill:
S6430
Law Section:
Housing
Laws Affected:
Add §402-b, Pub Hous L

2009-A9487B (ACTIVE) - Summary

Authorizes the NYC housing authority to transfer or restructure the ownership of all or part of certain housing developments.

2009-A9487B (ACTIVE) - Sponsor Memo

2009-A9487B (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 9487--B

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 6, 2010
                               ___________

Introduced  by  M.  of  A.  V. LOPEZ, SILVER, FARRELL, ARROYO, BENJAMIN,
  BROOK-KRASNY,  CYMBROWITZ,  ESPAILLAT,  HEASTIE,  JEFFRIES,  KAVANAGH,
  LENTOL,  MAISEL,  P. RIVERA,  TITONE  -- read once and referred to the
  Committee on Housing -- committee discharged,  bill  amended,  ordered
  reprinted  as amended and recommitted to said committee -- recommitted
  to the Committee on Housing in accordance with Assembly Rule 3, sec. 2
  -- reported and referred to the Committee on Ways and Means -- commit-
  tee discharged, bill amended, ordered reprinted as amended and  recom-
  mitted to said committee

AN  ACT  to amend the public housing law, in relation to authorizing the
  New York city housing authority to  enter  into  mixed-finance  trans-
  actions  in order to preserve the continued availability of low-income
  housing to public housing residents of the city of New York

  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
402-b to read as follows:
  S 402-B. POWER OF AUTHORITY TO ENTER INTO  MIXED-FINANCE  TRANSACTIONS
TO  CONTINUE  VIABILITY  OF  PUBLIC HOUSING. 1. LEGISLATIVE FINDINGS AND
DECLARATION. THE LEGISLATURE FINDS AND DECLARES THAT  THE  STATE  HAS  A
VITAL  INTEREST  IN  THE  CONTINUED  VIABILITY  OF PUBLIC HOUSING. IT IS
NECESSARY TO ENSURE THAT PUBLIC HOUSING CONTINUES  TO  SERVE  LOW-INCOME
INDIVIDUALS  AND  FAMILIES  WHO  WOULD OTHERWISE FACE HOMELESSNESS OR BE
FORCED INTO UNSAFE OR UNSANITARY HOUSING. PUBLIC HOUSING FUNCTIONS AS  A
SAFETY NET FOR PERSONS MOST IN NEED OF SAFE, DECENT AND AFFORDABLE HOUS-
ING.  THE  LEGISLATURE  FURTHER  FINDS  THAT  THE  NEW YORK CITY HOUSING
AUTHORITY HAS MADE, AND CONTINUES TO MAKE, A CONCERTED EFFORT TO PROVIDE
PUBLIC HOUSING TO INDIVIDUALS AND FAMILIES  IN  NEED.  CERTAIN  PROJECTS
OWNED BY THE NEW YORK CITY HOUSING AUTHORITY HAVE SUFFERED DETERIORATION
OVER  TIME, AND THE HOUSING AUTHORITY DOES NOT HAVE SUFFICIENT RESOURCES
TO ADDRESS THIS DETERIORATION. AN INFUSION OF PRIVATE CAPITAL IS  NECES-
SARY  TO  ENSURE  THE CONTINUED SUCCESS AND LONG TERM VIABILITY OF THESE
PROJECTS.  THE LEGISLATURE FURTHER FINDS THAT  BRINGING  STATE  FINANCED

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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