Bill Text: NY S07512 | 2013-2014 | General Assembly | Introduced

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Bill Title: Provides a unified funding point advantage for developers creating housing units that provide certain affordable housing which is intended for and dedicated to municipal workers who currently reside in shelters or homeless persons programs.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-05-15 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S07512 Detail]

Download: New_York-2013-S07512-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7512
                                   I N  S E N A T E
                                     May 15, 2014
                                      ___________
       Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
         printed to be committed to the Committee on Housing, Construction  and
         Community Development
       AN  ACT  to  amend  the  public  housing law, in relation to providing a
         unified funding point advantage for developers creating housing  units
         that provide certain affordable housing
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The public housing law is amended by adding a  new  section
    2  22-a to read as follows:
    3    S  22-A.  UNIFIED FUNDING POINT ADVANTAGE. ANY DEVELOPER WHICH CREATES
    4  AN ELIGIBLE LOW-INCOME BUILDING PURSUANT TO SUBDIVISION FIVE OF  SECTION
    5  TWENTY-ONE OF THIS ARTICLE WHICH IS INTENDED FOR AND DEDICATED TO MUNIC-
    6  IPAL  WORKERS  WHO  CURRENTLY  RESIDE  IN  SHELTERS  OR HOMELESS PERSONS
    7  PROGRAMS, SHALL BE GRANTED A UNIFIED FUNDING POINT ADVANTAGE.
    8    S 2. This act shall take effect immediately; provided,  however,  that
    9  effective immediately, the addition, amendment and/or repeal of any rule
   10  or regulation necessary for the implementation of this act on its effec-
   11  tive  date  are  authorized  and directed to be made and completed on or
   12  before such effective date.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15218-01-4