Bill Text: NY A03728 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to the aggregate annual income of low income persons or families eligible for accommodations in a company project.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Engrossed - Dead) 2016-03-01 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [A03728 Detail]

Download: New_York-2015-A03728-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3728
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 27, 2015
                                      ___________
       Introduced by M. of A. WRIGHT -- read once and referred to the Committee
         on Housing
       AN  ACT  to  amend  the  private housing finance law, in relation to the
         aggregate annual income of low income persons or families eligible for
         accommodations in a company project
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Paragraph (a) of subdivision 2 of section 31 of the private
    2  housing  finance  law, as amended by chapter 260 of the laws of 1996, is
    3  amended to read as follows:
    4    (a) The dwelling or non-housekeeping accommodations without board in a
    5  company project shall be available for persons or families of low income
    6  whose probable aggregate annual income at  the  time  of  admission  and
    7  during  the  period of occupancy does not exceed, the greater of (i) the
    8  median income for such persons or families for the metropolitan  statis-
    9  tical  area  in which the project is located, or if a project is located
   10  outside a metropolitan statistical area,  the  median  income  for  such
   11  persons  or  families for the county in which the project is located, as
   12  most recently determined by the United States department of housing  and
   13  urban  development, in which case any person or family becoming eligible
   14  for admission pursuant to this subparagraph shall pay, from the time  of
   15  admission,  a  rental  surcharge as provided for in subdivision three of
   16  this section, computed on the basis of the income limitations applicable
   17  to such persons or families in the absence of this subparagraph, or (ii)
   18  [seven] EIGHT times the rental, including the value or cost to  them  of
   19  heat,  light,  water  and  cooking  fuel,  of  the dwellings that may be
   20  furnished to such persons or families, except that in the case of  fami-
   21  lies  with three or more dependents, such ratio shall not exceed [eight]
   22  NINE to one. The "probable aggregate  annual  income"  in  the  case  of
   23  dwelling accommodations means the annual income of the chief wage earner
   24  of the family, plus all other income of other members of the family over
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05287-01-5
       A. 3728                             2
    1  the  age  of  twenty-one years, plus a proportion of income of gainfully
    2  employed members under the age of twenty-one years, the proportion to be
    3  determined by the company as approved by the commissioner or the  super-
    4  vising  agency,  as  the case may be, excluding therefrom a deduction of
    5  fifteen thousand dollars from the income of secondary  wage  earners  of
    6  the  family or a larger deduction if approved by the commissioner or the
    7  supervising agency, as the case may be,  except  that  the  company,  as
    8  approved  by the commissioner or the supervising agency, as the case may
    9  be, may exclude a proportion of the income of other members of the fami-
   10  ly over the age of twenty-one  years  for  the  purpose  of  determining
   11  eligibility  for  admission  or continued occupancy, or for establishing
   12  the rental of such family, or for all such purposes; in the case of such
   13  non-housekeeping accommodations it means the annual income of the  occu-
   14  pant,  provided that the commissioner or supervising agency, as the case
   15  may be, may make rules and regulations relative to the allocation of the
   16  income of a family among the members thereof for the purpose  of  deter-
   17  mining the income attributable to such occupant.
   18    S 2. This act shall take effect immediately.
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