Senate Bill S9699A

Signed By Governor
2023-2024 Legislative Session

Permits certain home repairs to be financed in conjunction with accessibility improvements through the access to home program

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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Bill Amendments

2023-S9699 - Details

See Assembly Version of this Bill:
A10457
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§1201, 1202, 1271 & 1272, Priv Hous Fin L

2023-S9699 - Summary

Permits certain home repairs to be financed in conjunction with accessibility improvements through the access to home program.

2023-S9699 - Sponsor Memo

2023-S9699 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9699
 
                             I N  S E N A T E
 
                               May 22, 2024
                                ___________
 
 Introduced  by  Sen. KAVANAGH -- (at request of the New York State Homes
   and Community Renewal) -- 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  permit-
   ting  certain home repairs to be financed in conjunction with accessi-
   bility improvements through the access to home program
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  4  of  section  1201  of the private housing
 finance law, as added by chapter 159 of the laws of 2006, is amended  to
 read as follows:
   4.  "Access  to  home  programs"  or "programs" shall mean a series of
 activities by an eligible  applicant  to  administer  funds  to  provide
 either  loans  or  grants  to  homeowners and renters and to oversee the
 adaptation  [or],  retrofitting  OR  REPAIRS  of  eligible   properties,
 PROVIDED  THAT SUCH REPAIRS ARE RELATED TO THE HABITABILITY OF AN ELIGI-
 BLE PROPERTY AND SUCH REPAIRS ARE RELATED TO THE ADAPTATION OR RETROFIT-
 TING OF AN ELIGIBLE PROPERTY.
   § 2. Section 1202 of the private housing  finance  law,  as  added  by
 chapter 159 of the laws of 2006, is amended to read as follows:
   §  1202. Access to home contracts. 1. Within the limit of funds avail-
 able in the access to home program, the corporation is hereby authorized
 to enter into contracts with eligible applicants  to  provide  financial
 assistance  for  the  actual  costs  of an access to home program.  SUCH
 COSTS MAY INCLUDE THE COSTS OF REPAIRS OF ELIGIBLE PROPERTIES,  PROVIDED
 THAT  SUCH REPAIRS ARE RELATED TO THE ADAPTATION OR RETROFITTING OF SUCH
 ELIGIBLE PROPERTIES, THAT SUCH REPAIRS ARE RELATED TO  THE  HABITABILITY
 OF  SUCH ELIGIBLE PROPERTIES, AND THAT THE ACCESS TO HOME FUNDS PROVIDED
 TO COVER THE COST OF SUCH REPAIRS DOES NOT EXCEED SIXTY PERCENT  OF  THE
 ACCESS  TO HOME PROGRAM GRANT OR LOAN. The financial assistance shall be
 either in the form of grants or loans, as the corporation  shall  deter-
 mine. No more than fifty percent of the total amount awarded pursuant to
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14347-02-4
              

co-Sponsors

2023-S9699A (ACTIVE) - Details

See Assembly Version of this Bill:
A10457
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§1201, 1202, 1271 & 1272, Priv Hous Fin L

2023-S9699A (ACTIVE) - Summary

Permits certain home repairs to be financed in conjunction with accessibility improvements through the access to home program.

2023-S9699A (ACTIVE) - Sponsor Memo

2023-S9699A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9699--A
 
                             I N  S E N A T E
 
                               May 22, 2024
                                ___________
 
 Introduced  by  Sen. KAVANAGH -- (at request of the New York State Homes
   and Community Renewal) -- read twice and  ordered  printed,  and  when
   printed  to be committed to the Committee on Housing, Construction and
   Community Development -- committee discharged, bill  amended,  ordered
   reprinted as amended and recommitted to said committee

 AN  ACT to amend the private housing finance law, in relation to permit-
   ting certain home repairs to be financed in conjunction with  accessi-
   bility improvements through the access to home program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 4  of  section  1201  of  the  private  housing
 finance  law, as added by chapter 159 of the laws of 2006, is amended to
 read as follows:
   4. "Access to home programs" or "programs"  shall  mean  a  series  of
 activities  by  an  eligible  applicant  to  administer funds to provide
 either loans or grants to homeowners and  renters  and  to  oversee  the
 adaptation   [or],  retrofitting  OR  REPAIRS  of  eligible  properties,
 PROVIDED THAT SUCH REPAIRS ARE RELATED TO THE HABITABILITY OF AN  ELIGI-
 BLE PROPERTY AND SUCH REPAIRS ARE RELATED TO THE ADAPTATION OR RETROFIT-
 TING OF AN ELIGIBLE PROPERTY.
   §  2.  Section  1202  of  the private housing finance law, as added by
 chapter 159 of the laws of 2006, is amended to read as follows:
   § 1202. Access to home contracts. 1. Within the limit of funds  avail-
 able in the access to home program, the corporation is hereby authorized
 to  enter  into  contracts with eligible applicants to provide financial
 assistance for the actual costs of an access  to  home  program.    SUCH
 COSTS  MAY INCLUDE THE COSTS OF REPAIRS OF ELIGIBLE PROPERTIES, PROVIDED
 THAT SUCH REPAIRS ARE RELATED TO THE ADAPTATION OR RETROFITTING OF  SUCH
 ELIGIBLE  PROPERTIES,  THAT SUCH REPAIRS ARE RELATED TO THE HABITABILITY
 OF SUCH ELIGIBLE PROPERTIES, AND THAT THE ACCESS TO HOME FUNDS  PROVIDED
 TO  COVER  THE COST OF SUCH REPAIRS DOES NOT EXCEED SIXTY PERCENT OF THE
 ACCESS TO HOME PROGRAM GRANT OR LOAN. The financial assistance shall  be
 either  in  the form of grants or loans, as the corporation shall deter-
 mine. No more than fifty percent of the total amount awarded pursuant to
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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