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NY S02707
Bill
Status
6/10/2025
Primary Sponsor
Rachel May
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AI Summary
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Requires the Commissioner of Housing and Community Renewal to develop a common application and web portal for businesses and organizations to apply for and manage state funding, tax credits, loans, and grants for housing development
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Mandates the web portal be accessible by all state agencies that administer housing development funding, and requires those agencies to upload incorporating documents, bylaws, and other relevant information to assist applicants
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Limits the common application system to statewide programs where applications are submitted to state agencies, excluding locally managed programs or those administered by not-for-profit corporations
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Grants the commissioner authority to obtain any necessary information from state agencies to implement the portal system
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Takes effect 180 days after becoming law
Legislative Description
Requires DHCR to develop a common application and web portal for certain funding, tax credits, loans, and grants for housing; requires such application to be available upon request from relevant state agencies; requires such web portal to be manageable by relevant state agencies; makes relevant provisions.
Last Action
REPORTED AND COMMITTED TO FINANCE
1/27/2026