Bill Text: NY S09193 | 2021-2022 | General Assembly | Introduced

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

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-06-02 - SUBSTITUTED BY A10271 [S09193 Detail]

Download: New_York-2021-S09193-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          9193

                    IN SENATE

                                      May 12, 2022
                                       ___________

        Introduced  by  Sen. HINCHEY -- 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 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:

     1    Section 1.  Section 1262 of the private housing finance law, as  added
     2  by  section 1 of part X of chapter 56 of the laws of 2018, is amended to
     3  read as follows:
     4    § 1262. Residential emergency services to offer home  repairs  to  the
     5  elderly  contracts.  1. Within the limit of funds available in the resi-
     6  dential emergency services to offer home repairs to the elderly program,
     7  the corporation is hereby authorized to enter into contracts with eligi-
     8  ble applicants to provide financial assistance for the actual costs of a
     9  residential emergency services to offer  home  repairs  to  the  elderly
    10  program.  The financial assistance shall be either in the form of grants
    11  or loans, as the corporation shall determine. Funds  must  be  used  for
    12  one-  to  four-unit  dwellings  that  are owned and occupied by eligible
    13  households, and work undertaken  cannot  exceed  [ten]  twenty  thousand
    14  dollars  per  building.  No  more than fifty percent of the total amount
    15  awarded pursuant to this article in any fiscal year shall  be  allocated
    16  to  any  residential  emergency  services  to  offer home repairs to the
    17  elderly program located within any single municipality.
    18    2. From the date of the emergency referral,  [the  eligible  applicant
    19  has up to five business days to respond and inspect the eligible proper-
    20  ty;  from  the date of the inspection and assessment of emergency repair
    21  need, the eligible applicant must  start  the  repairs  within  fourteen
    22  business days;] all repairs must be completed within sixty business days
    23  of  the  start  of  the repairs provided, however, that the commissioner
    24  shall grant the eligible applicant additional time for good cause.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15811-01-2
        S. 9193                             2

     1    3. The total payment pursuant to any one  contract  shall  not  exceed
     2  five  hundred  thousand  dollars  and  the  contract  shall  provide for
     3  completion of the program within a reasonable period, as specified ther-
     4  ein, which shall not in any event exceed three years from its  commence-
     5  ment.  Upon request, the corporation may extend the term of the contract
     6  for up to two additional one year periods for good cause  shown  by  the
     7  eligible applicant.
     8    4.  The  corporation  shall  authorize the eligible applicant to spend
     9  [seven and one-half] ten percent of the  contract  amount  for  approved
    10  planning  and  administrative  costs  associated  with administering the
    11  program.
    12    § 2. This act shall take effect immediately.