Assembly Bill A10271

Signed By Governor
2021-2022 Legislative Session

Increases the timeline for completion and amount spent on emergency home repairs for low-moderate income senior citizens through the RESTORE program

download bill text pdf

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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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2021-A10271 (ACTIVE) - Details

See Senate Version of this Bill:
S9193
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §1262, Priv Hous Fin L

2021-A10271 (ACTIVE) - Summary

Increases the timeline for completion and amount spent on emergency home repairs for low-moderate income senior citizens through the RESTORE program.

2021-A10271 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10271
 
                           I N  A S S E M B L Y
 
                               May 13, 2022
                                ___________
 
 Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Woerner) --
   read once and referred to the Committee on Housing
 
 AN ACT to amend the private housing finance law, in relation to increas-
   ing the timeline for completion and amount  spent  on  emergency  home
   repairs  for  low-moderate  income senior citizens through the RESTORE
   program

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section 1262 of the private housing finance law, as added
 by section 1 of part X of chapter 56 of the laws of 2018, is amended  to
 read as follows:
   § 1262. Residential  emergency  services  to offer home repairs to the
 elderly contracts. 1. Within the limit of funds available in  the  resi-
 dential emergency services to offer home repairs to the elderly program,
 the corporation is hereby authorized to enter into contracts with eligi-
 ble applicants to provide financial assistance for the actual costs of a
 residential  emergency  services  to  offer  home repairs to the elderly
 program. The financial assistance shall be either in the form of  grants
 or  loans,  as  the  corporation shall determine. Funds must be used for
 one- to four-unit dwellings that are  owned  and  occupied  by  eligible
 households,  and  work  undertaken  cannot  exceed [ten] TWENTY thousand
 dollars per building. No more than fifty percent  of  the  total  amount
 awarded  pursuant  to this article in any fiscal year shall be allocated
 to any residential emergency services  to  offer  home  repairs  to  the
 elderly program located within any single municipality.
   2.  From  the  date of the emergency referral, [the eligible applicant
 has up to five business days to respond and inspect the eligible proper-
 ty; from the date of the inspection and assessment of  emergency  repair
 need,  the  eligible  applicant  must  start the repairs within fourteen
 business days;] all repairs must be completed within sixty business days
 of the start of the repairs provided,  however,  that  the  commissioner
 shall grant the eligible applicant additional time for good cause.
   3.  The  total  payment  pursuant to any one contract shall not exceed
 five hundred  thousand  dollars  and  the  contract  shall  provide  for
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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