This bill requires large cooperative housing corporations that generate their own electricity, steam, or water to pay an excise tax directly to the city instead of passing the cost onto tenants. The tax applies to cooperatives with at least 1,500 apartments that produce their own energy through cogeneration facilities and distribute it to residents. Under the new rules, the tax rate is set at zero percent, meaning the utility pays the tax but does not add it as a separate charge on customer bills. The legislation aims to clarify that such taxes are operating costs for the utility rather than fees for consumers.
Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.
This bill increases the penalty for landlords in New York who fail to file rent registration statements on time. It directly affects property owners who must submit annual or initial rent registration forms to the Division of Housing and Community Renewal. Under the new rules, owners who miss filing deadlines after receiving notice will face a fine of one thousand dollars per unregistered unit for each month the registration remains delinquent. The bill also clarifies that late filings will eliminate penalties related to rent increases made before the filing occurs, provided those increases were otherwise lawful. The fine can be enforced as a court judgment after the review period expires.
This bill modifies New York State's real property tax law to allow property owners of affordable housing buildings to receive tax reductions for making specific repairs and improvements that maintain the habitability of their units. It directly affects owners of multi-unit rental buildings, condominiums, cooperatives, and mutual housing companies that meet certain income and affordability requirements. To qualify, buildings must have at least three units, and owners must obtain a certificate from their local housing agency confirming the project's eligibility and cost limits, with improvements needing to be completed within a thirty-month window. The tax abatement is tied to a certified reasonable cost schedule that sets maximum dollar limits for approved alterations, ensuring funds are used for essential maintenance rather than expansion.
Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.
This bill allows low-income housing tax credits to be transferred multiple times between different owners or entities, rather than being limited to a single transfer. It directly affects taxpayers who own interests in low-income housing buildings and the entities that receive these tax credits. The key provision permits a transferee to pass the credit on to another person or entity, provided the transfer is properly documented and does not affect the project's eligibility for program benefits. The changes apply to tax credits allocated under the public housing law, regardless of whether the projects are under construction, completed, or in pre-development stages.
Establishes the CareForce first-time homebuyers program under which certain first-time homebuyers may receive below-market mortgage financing and forgivable down payment assistance.
This bill expands liability for construction project owners and contractors by making them jointly responsible for unpaid wages owed to employees of subcontractors at any level. It requires owners and contractors to pay debts resulting from wage theft claims made against subcontractors, while allowing them to seek reimbursement from the subcontractor afterward. The law establishes specific procedures including a 10-day notice period before legal action, limits claims to three years prior to filing, and clarifies that these obligations cannot be waived by individual employees or subcontractors except through collective bargaining agreements. The bill applies to most construction contracts but excludes certain residential home improvement projects and small residential developments.
Establishes a bill of rights for the unhoused; provides that no person shall be denied certain rights because of a state of homelessness nor shall such persons be harassed, cited, fined, or arrested by law enforcement, security personnel, public employees, or private citizens for the exercise of certain rights; describes rights; provides for a bill of benefits of the unhoused for the free provision of a postal address and the right to juridical services to ensure protection from the violation of their protected rights; requires the office of temporary and disability assistance to create a pamphlet of such rights; makes related provisions.
This bill expands tuition assistance awards to students experiencing homelessness by allowing them to qualify for financial aid without parental income consideration. It requires the state education commissioner to establish verification methods that align with federal standards for identifying homeless students under the McKinney-Vento Homeless Assistance Act. Additionally, the bill clarifies that students who have already qualified as orphans, foster children, or wards of the court cannot be considered emancipated for financial aid purposes, ensuring they maintain access to support. The changes take effect on July 1 following the bill's passage and apply to students applying for state-funded tuition assistance programs.
