Assembly Bill A8495

Signed By Governor
2023-2024 Legislative Session

Requires the division of housing and community renewal to provide an annual report on the New York access to home programs

download bill text pdf

Sponsored By

Current 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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2023-A8495 (ACTIVE) - Details

See Senate Version of this Bill:
S8054
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§1203 & 1200, Priv Hous Fin L (as proposed in S.3139-A & A.1686-A)

2023-A8495 (ACTIVE) - Summary

Requires the division of housing and community renewal to provide an annual report on the New York access to home programs.

2023-A8495 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8495
 
                           I N  A S S E M B L Y
 
                              January 4, 2024
                                ___________
 
 Introduced by M. of A. HUNTER -- read once and referred to the Committee
   on Housing
 
 AN  ACT to amend the private housing finance law, in relation to requir-
   ing the division of housing and community renewal to provide an annual
   report on the New York access to home programs
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Section 1203 of the private housing finance law, as added
 by a chapter of the laws of 2023 amending the  private  housing  finance
 law  relating to requiring the division of housing and community renewal
 to provide an annual report on the New York access to home programs,  as
 proposed  in  legislative  bills  numbers  S.  3139-A  and A. 1686-A, is
 amended to read as follows:
   § 1203. Report. 1. The division of housing and community renewal shall
 issue an annual report on the access to home programs regarding  certain
 data and program progress for the previous year, PROVIDED THAT REPORTING
 ON  PARAGRAPHS  (E),  (F)  AND  (G)  OF THIS SUBDIVISION SHALL RELATE TO
 CONTRACTS THAT HAVE CONCLUDED IN THE PREVIOUS YEAR, AS APPLICABLE.  Such
 report shall include, but not be limited to:
   (a)  the number of [contracts the corporation entered into with eligi-
 ble applicants and the amount of funding both awarded  and  expended  by
 successful applicants] RECEIVED APPLICATIONS TO BECOME LOCAL ADMINISTRA-
 TORS;
   (b)  the number of [projects each eligible recipient completed] APPLI-
 CATIONS TO BECOME LOCAL ADMINISTRATORS SELECTED FOR AWARD AND CONTRACT;
   (c) the [types of  projects  completed  by  each  eligible  recipient,
 including  the  average  cost of each type of project] AMOUNT OF FUNDING
 AWARDED TO LOCAL ADMINISTRATORS;
   (d) the geographic [diversity of the beneficiaries of  each  completed
 project;
   (e) the demographic information of the beneficiaries of each completed
 project, including differentiating between renters and homeowners;
   (f) the unmet demand for access to home programs who applied for fund-
 ing through an access to home programs;

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

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