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NY S00567
Bill
Status
1/7/2015
Primary Sponsor
George Latimer
Click for details
AI Summary
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Establishes definition of "mixed-use age-integrated housing" requiring at least 30% of residential units for persons age 60 or older and at least 10% affordable to households at 60% or less of area median income across cities, towns, and villages.
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Authorizes cities, towns, and villages to offer density increase incentives of at least 10% to developers in exchange for either setting aside 10% of units for age-integrated housing or paying reasonable fees into a trust fund for senior services including transportation, home health care, meals, and respite care.
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Requires cities, towns, and villages to adopt local laws specifying implementation details before offering these incentives, and mandates trust funds be kept separate and invested according to General Municipal Law provisions.
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Grants real property tax exemptions for mixed-use age-integrated housing with the exemption declining from 50% for years 1-3 to 5% by year 10, applied only to value increases from new construction or reconstruction.
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Directs the State Office for the Aging and Department of State to prepare model zoning guidelines and recommendations for age-integrated communities, including provisions for accessory senior units in single-family zones.
Legislative Description
Authorizes cities, towns and villages to establish mixed-use age-integrated communities by permitting the development of sites to combine residential units, commercial space and/or services for a multi-age population; 30% of such residential units shall be for persons 60 years of age or older, and at least 10% thereof shall be affordable by persons at 60% or less of the area median income; authorizes cities, town and villages to grant incentives for the construction of such communities; grants a real property tax exemption for such housing.
Last Action
REFERRED TO CITIES
1/6/2016