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NY A05648
Bill
Status
2/19/2025
Primary Sponsor
Stefani Zinerman
Click for details
AI Summary
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Requires public housing authorities to file a physical needs assessment every five years with the Commissioner of Housing and Community Renewal, the Senate Temporary President, and the Assembly Speaker
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Defines "physical needs assessment" as a periodic examination and evaluation of real estate to determine long-term schedules and costs for replacing major property components
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Assessments must provide data to evaluate whether properties can continue serving their intended purpose into the future
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Assessments can be used for multiple management functions including replacement reserve scheduling, preventative maintenance planning, due diligence for sales/purchases/financing, budgeting, and grant support
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
1/7/2026