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NY A11408
Bill
Status
Engrossed
6/16/2010
Primary Sponsor
Alec Brook-Krasny
Click for details
AI Summary
- Increases the income-to-rent ratio for low income persons or families from 7 to 8 times the rental cost (including heat, light, water, and cooking fuel)
- Increases the income-to-rent ratio for families with three or more dependents from 8 to 9 times the rental cost
- Applies to dwellings and non-housekeeping accommodations in company projects under the Private Housing Finance Law
- Takes effect 60 days after becoming law
Legislative Description
Relates to the aggregate annual income of low income persons or families eligible for accommodations in a company project.
Last Action
3RD READING CAL.1430
8/3/2010
Committee Referrals
Rules6/16/2010
Rules6/15/2010
Housing6/10/2010
Full Bill Text
No bill text available