Bill Text: NY S04455 | 2017-2018 | General Assembly | Introduced

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Bill Title: Establishes that area median income shall be calculated per each zip code in the city of New York.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO CITIES [S04455 Detail]

Download: New_York-2017-S04455-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          4455
                               2017-2018 Regular Sessions
                    IN SENATE
                                    February 15, 2017
                                       ___________
        Introduced  by  Sen.  AVELLA -- read twice and ordered printed, and when
          printed to be committed to the Committee on Cities
        AN ACT to require all affordable housing programs in  a  city  having  a
          population  over one million to calculate the area median income based
          on the zip code in which the project will be located
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Notwithstanding any law, rule or regulation to the contra-
     2  ry, within cities having a  population  of  one  million  or  more,  any
     3  affordable  housing  program  initiated after the effective date of this
     4  act shall use an area median income proportional  to  the  zip  code  in
     5  which the program is located.
     6    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09774-01-7