NY A07233 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on April 15 2019 - 25% progression
Action: 2019-04-15 - referred to housing
Pending: Assembly Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that revenues from buyouts of Mitchell-Lama projects, whether state-aided or municipally-aided, must be used for affordable housing purposes by the state or the municipality; creates a special state fund, the Mitchell-Lama buyout affordable housing fund; provides that such fund's revenues may only be used for housing projects meeting Mitchell-Lama eligibility criteria.

Tracking Information

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Title

Provides that revenues from buyouts of Mitchell-Lama projects, whether state-aided or municipally-aided, must be used for affordable housing purposes by the state or the municipality; creates a special state fund, the Mitchell-Lama buyout affordable housing fund; provides that such fund's revenues may only be used for housing projects meeting Mitchell-Lama eligibility criteria.

Sponsors


History

DateChamberAction
2019-04-15Assemblyreferred to housing

New York State Sources


Bill Comments

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