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NY A07664

Bill

Official Source

Status

Introduced

5/19/2021

Primary Sponsor

Victor Pichardo

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Amends Chapter 449 of the Laws of 1986 to extend provisions relating to establishing initial rents for loans to owners of existing multiple dwellings

  • Extends the expiration date of sections one, two, and four from June 30, 2021 to June 30, 2024

  • Maintains rent stabilization protections for dwelling units made subject to the rent stabilization law of 1969 under these provisions

  • Takes effect immediately upon enactment, with retroactive application if passed after June 30, 2021

Legislative Description

Extends the authority of the local housing agency in New York city to restructure rents in certain residential buildings.

Last Action

substituted by s6604

6/7/2021

Committee Referrals

Rules5/24/2021
Housing5/19/2021

Full Bill Text

No bill text available