Bill Text: NY S09699 | 2023-2024 | General Assembly | Amended
Bill Title: Permits certain home repairs to be financed in conjunction with accessibility improvements through the access to home program.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed) 2024-06-04 - returned to senate [S09699 Detail]
Download: New_York-2023-S09699-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 9699--A IN SENATE May 22, 2024 ___________ Introduced by Sen. KAVANAGH -- (at request of the New York State Homes and Community Renewal) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the private housing finance law, in relation to permit- ting certain home repairs to be financed in conjunction with accessi- bility improvements through the access to home program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 4 of section 1201 of the private housing 2 finance law, as added by chapter 159 of the laws of 2006, is amended to 3 read as follows: 4 4. "Access to home programs" or "programs" shall mean a series of 5 activities by an eligible applicant to administer funds to provide 6 either loans or grants to homeowners and renters and to oversee the 7 adaptation [or], retrofitting or repairs of eligible properties, 8 provided that such repairs are related to the habitability of an eligi- 9 ble property and such repairs are related to the adaptation or retrofit- 10 ting of an eligible property. 11 § 2. Section 1202 of the private housing finance law, as added by 12 chapter 159 of the laws of 2006, is amended to read as follows: 13 § 1202. Access to home contracts. 1. Within the limit of funds avail- 14 able in the access to home program, the corporation is hereby authorized 15 to enter into contracts with eligible applicants to provide financial 16 assistance for the actual costs of an access to home program. Such 17 costs may include the costs of repairs of eligible properties, provided 18 that such repairs are related to the adaptation or retrofitting of such 19 eligible properties, that such repairs are related to the habitability 20 of such eligible properties, and that the access to home funds provided 21 to cover the cost of such repairs does not exceed sixty percent of the 22 access to home program grant or loan. The financial assistance shall be 23 either in the form of grants or loans, as the corporation shall deter- 24 mine. No more than fifty percent of the total amount awarded pursuant to EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14347-03-4S. 9699--A 2 1 this article in any fiscal year shall be allocated to access to home 2 programs located within any single municipality. 3 2. The total payment pursuant to any one contract shall not exceed 4 five hundred thousand dollars and the contract shall provide for 5 completion of the program within a reasonable period, as specified ther- 6 ein, which shall not in any event exceed three years from its commence- 7 ment. Upon request, the corporation may extend the term of the contract 8 for up to two additional one year periods for good cause shown by the 9 eligible applicant. 10 3. The corporation may authorize the eligible applicant to spend up to 11 [seven and a half] ten percent of the contract amount for approved 12 administrative costs associated with administering the program. 13 4. The corporation shall require that, in order to receive funds 14 pursuant to this article, the eligible applicant shall submit a plan 15 which shall include, but not be limited to, program feasibility, impact 16 on the community, budget for expenditure of program funds, a schedule 17 for completion of the program, affirmative action and minority business 18 participation. 19 § 3. Subdivision 5 of section 1271 of the private housing finance law, 20 as added by section 1 of part Y of chapter 56 of the laws of 2018, is 21 amended to read as follows: 22 5. "Access to home for heroes programs" or "programs" shall mean a 23 series of activities by an eligible applicant to administer funds to 24 provide grants to homeowners and renters and to oversee the adaptation 25 [or], retrofitting or repairs of eligible properties, provided that such 26 repairs are related to the habitability of an eligible property and such 27 repairs are related to the adaptation or retrofitting of an eligible 28 property. 29 § 4. Subdivisions 1 and 3 of section 1272 of the private housing 30 finance law, as added by section 1 of part Y of chapter 56 of the laws 31 of 2018, are amended to read as follows: 32 1. Within the limit of funds available in the access to home for 33 heroes program, the corporation is hereby authorized to enter into 34 contracts with eligible applicants to provide financial assistance for 35 the actual costs of an access to home for heroes program. Such costs may 36 include the costs of repairs of eligible properties, provided that such 37 repairs are related to the adaptation or retrofitting of such eligible 38 properties, that such repairs are related to the habitability of such 39 eligible properties, and that the access to home for heroes funds 40 provided to cover the cost of such repairs does not exceed sixty percent 41 of the access to home for heroes program grant or loan. The financial 42 assistance shall be in the form of grants. No more than fifty percent of 43 the total amount awarded pursuant to this article in any fiscal year 44 shall be allocated to access to home programs located within any single 45 municipality. 46 3. The corporation shall authorize the eligible applicant to spend 47 [seven and one-half] ten percent of the contract amount for approved 48 administrative costs associated with administering the program. 49 § 5. This act shall take effect on the ninetieth day after it shall 50 have become a law.
