Senate Bill S1096

2009-2010 Legislative Session

Includes mixed residential and commercial property within the affordable home ownership program

download bill text pdf

Sponsored By

Archive: Last 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2009-S1096 (ACTIVE) - Details

See Assembly Version of this Bill:
A4283
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd ยง1111, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: S755, A2515
2013-2014: S2048, A3212
2015-2016: A4023
2017-2018: A7667
2019-2020: A6183
2021-2022: A5631
2023-2024: A4679

2009-S1096 (ACTIVE) - Summary

Includes mixed residential and commercial property within the provisions of the affordable home ownership development program thus authorizing the affordable housing corporation to fund the construction or rehabilitation of housing that also contains a commercial retailing business.

2009-S1096 (ACTIVE) - Sponsor Memo

2009-S1096 (ACTIVE) - Bill Text download pdf 

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

                                  1096

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            January 26, 2009
                               ___________

Introduced  by  Sen.  YOUNG  -- 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 includ-
  ing mixed residential and commercial property within the provisions of
  the affordable home ownership development program

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

  Section  1.  Subdivision  1  of  section  1111  of the private housing
finance law, as added by chapter 67 of the laws of 1985, is  amended  to
read as follows:
  1.  "Home" shall mean a one to four family dwelling which has at least
one owner occupant [or], an owner occupied unit in a  cooperative  or  a
condominium  OR  A  ONE  TO  FOUR FAMILY DWELLING WHICH HAS AT LEAST ONE
OWNER OCCUPANT AND CONTAINS AN AREA WHICH MAY BE UTILIZED FOR A  COMMER-
CIAL  RETAILING BUSINESS PROVIDED THAT THE PORTION OF THE PAYMENT, GRANT
OR LOAN FINANCED BY THE CORPORATION FOR SUCH COMMERCIAL  FACILITY  SHALL
NOT EXCEED TWENTY-FIVE PERCENT OF THE TOTAL PAYMENT, GRANT OR LOAN.
  S  2.    Subdivision  6 of section 1111 of the private housing finance
law, as amended by chapter 898 of the laws of 1986, is amended  to  read
as follows:
  6.  "Rehabilitation"  or "home improvement" shall mean all work neces-
sary to bring a structure into compliance with all applicable  laws  and
regulations  including  but not limited to the installation, replacement
or repair of heating, plumbing, electrical and related systems  and  the
elimination of all hazardous and immediately hazardous violations in the
structure  in  accordance  with  state and local laws and regulations of
state and local agencies. Rehabilitation or home  improvement  may  also
include  reconstruction  or  work to improve the habitability or prolong
the useful life of residential property OR MIXED RESIDENTIAL AND COMMER-
CIAL PROPERTY.
  S 3. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.