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NY A01907
Bill
Status
1/23/2023
Primary Sponsor
Stefani Zinerman
Click for details
AI Summary
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Requires public housing authorities to file a physical needs assessment with the commissioner and legislative leaders every five years
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Defines "physical needs assessment" as a periodic examination of real estate to determine long-term schedules and costs for replacing major property components
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Establishes physical needs assessments as foundational documents for replacement reserve scheduling, preventative maintenance planning, due diligence activities, and budgeting purposes
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Takes effect immediately upon enactment
Legislative Description
Requires a public housing authority to file in the office of the commissioner of housing and community renewal and with the temporary president of the senate and the speaker of the assembly a physical needs assessment every five years; defines "physical needs assessment".
Last Action
referred to housing
1/3/2024