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NY A10377
Bill
Status
5/13/2022
Primary Sponsor
Phara Souffrant Forrest
Click for details
AI Summary
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Division of Housing and Community Renewal must conduct a study on alternative options to section 421-a of the real property tax law (the Affordable New York housing program)
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Study shall investigate new models and partnerships to provide affordable housing to state residents, conducted in consultation with any relevant agencies or organizations
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Division must prepare a report within one year of the act's effective date containing findings and recommendations for legislative and regulatory actions
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Report must be submitted to the Governor, Senate Temporary President, Assembly Speaker, and both legislative minority leaders
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Act takes effect immediately
Legislative Description
Directs the division of housing and community renewal to conduct a study on alternatives to the affordable New York housing program by investigating new models and partnerships to provide affordable housing to residents of the state.
Last Action
referred to housing
5/13/2022