Relates to the conversion to condominium ownership for the preservation of expiring affordable housing in the city of New York; provides expanded homeownership opportunities from the conversion of certain residential rental buildings to condominium status by property owners that commit to preserve the inventory of expiring affordable housing in the city of New York.
Relates to tax abatement for rent-controlled and rent regulated property occupied by and real property owned by senior citizens or persons with disabilities.
This bill prohibits individuals who own or manage more than four rental units in New York State from serving as public members on rent guidelines boards. It directly affects small-scale landlords (those managing 5+ units) by barring them from these boards, which set rent guidelines in areas with housing emergencies. The key provision amends existing law to add this restriction, ensuring public members have no direct financial stake in rental properties covered by the law. The change applies to all such boards statewide, including New York City's.
Establishes a housing project revolving loan program and housing project revolving loan fund to encourage the development of mixed income housing by providing zero-percent interest or low-interest loans.
This bill (S 6971) sets new documentation requirements for lenders seeking to foreclose on residential mortgages in New York. It requires lenders to prove ownership of the mortgage note, provide a complete payment history from loan origination, and document the physical location and chain of custody of the original note. These rules apply specifically to foreclosures on one- to four-family residential properties. The bill also clarifies that defendants can raise statute of limitations or "lack of standing" defenses at any time during the case, not just in initial pleadings.
Relates to establishing the housing access voucher program; provides that the commissioner of the division of housing and community renewal shall implement a program of rental assistance in the form of housing vouchers for eligible individuals and families who are homeless or who face an imminent loss of housing; provides that the commissioner shall designate housing access voucher local administrators in the state to administer the program.
Prohibits the issuance of violations or tickets during certain weekend hours to residential occupants for violations of the sanitation department regulations regarding placing trash or garbage out for collection earlier than allowed under the city routing system designated hours.
Requires the modification of restrictive covenants prior to the sale of real property when covenants, conditions and restrictions exist which discriminate on the basis of race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income or ancestry.
Authorizes the commissioner of general services to transfer and convey certain lands in the town of Wilton, county of Saratoga, to the Veterans and Community Housing Coalition.
S 8313 authorizes the transfer of a specific state-owned parcel at 39 Sullivan Road in North Salem and Lewisboro, Westchester County, to The Arc Westchester New York, a nonprofit supporting adults with disabilities, for $1 and additional considerations. The land must be used solely for a group home serving adults with disabilities, with a reverter clause requiring the property to return to the state if that purpose ends. The transfer requires The Arc to submit a formal resolution within one year of the bill's effective date, approved by its managing board, to secure the conveyance. The bill expires two years after enactment.