Creates a homeownership rehabilitation credit; allows a taxpayer to be credited for fifteen percent of the qualified rehabilitation expenses made by such taxpayer with respect to a qualified residence against the tax imposed; defines qualified residence and qualified rehabilitation expenses.
Declares any conveyances of real property to a landlord identified on the city of New York's office of the public advocate's worst landlord watchlist as void as against public policy; provides for a $50,000 civil penalty for violations of such provisions.
Prohibits a person or entity from knowingly or with reckless disregard facilitate an agreement between or among two or more residential rental property owners or managers to not compete with respect to residential rental dwelling units, including by operating or licensing a software, data analytics service, or algorithmic device that performs a coordinating function on behalf of or between and among such residential rental property owners or managers.
This bill extends the deadline for New York's COVID-19 emergency rental assistance program from September 30, 2024, to September 30, 2025. It directly affects renters experiencing housing instability during the pandemic and local governments administering the program. The key provision amends the existing law to delay the expiration of program funding and operational provisions by one year, ensuring continued access to rental aid.
Provides for a partial exemption from taxation of certain residential real property transferred by a governmental entity, nonprofit housing organization, land bank or community land trust to low-income households; sets forth conditions for the discontinuance of such exemption.
This bill requires electric and gas utilities to offer reduced rates of 25-35% to low-income households enrolled in specific assistance programs like SSI, TANF, SNAP, or home energy assistance. It directs utilities to simplify enrollment through data sharing with social services agencies and provide clear application information on bills and websites. Utilities must cover the cost of these discounts using existing profits (not raising rates for other customers) and implement the program by 2027. The policy directly affects over 1 million low-income New York households currently receiving federal or state aid.
Prohibits utility service terminations in multiple dwellings; authorizes utility companies or municipalities to commence an action against the owner of the premises affected to seek the appointment of a receiver of rents or payments for use and occupancy or common charges.
Relates to establishing ground rent rebates for eligible homeowners and renters in the Battery Park project area; provides for a rebate program; provides for a process for application and certification.
This bill requires landlords to install safety covers on uncovered radiators exceeding 165°F when a tenant with a child under 12 requests it. Landlords must complete installation within 90 days of a written request. If they fail, tenants may deduct the reasonable installation cost from rent without risk of eviction. The law directly affects residential tenants with young children and landlords in New York, aiming to prevent burns from hot radiators.
Requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events.