Bill Text: NY A05350 | 2019-2020 | 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 2-0)

Status: (Passed) 2019-12-20 - APPROVAL MEMO.73 [A05350 Detail]

Download: New_York-2019-A05350-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          5350
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 11, 2019
                                       ___________
        Introduced  by  M.  of  A.  CYMBROWITZ  -- 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.
                                                                   LBD09545-01-9

        A. 5350                             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    § 2. This act shall take effect immediately.
feedback