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A05525 Summary:

BILL NOA05525
 
SAME ASNo Same As
 
SPONSORBrown K
 
COSPNSR
 
MLTSPNSR
 
Add §602-a, Priv Hous Fin L
 
Requires five percent of affordable housing units to be offered to veterans.
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A05525 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5525
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 16, 2023
                                       ___________
 
        Introduced by M. of A. K. BROWN -- read once and referred to the Commit-
          tee on Housing
 
        AN  ACT to amend the private housing finance law, in relation to requir-
          ing five percent of affordable housing units to be offered to veterans
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. The private housing finance law is amended by adding a new
     2  section 602-a to read as follows:
     3    § 602-a.   Housing for  veterans.  All  companies,  corporations,  and
     4  programs  subject  to  the  provisions of this chapter shall offer, at a
     5  minimum, five percent of affordable housing units built by  such  compa-
     6  nies  corporations  and  programs  to  veterans, as such term is defined
     7  pursuant to section eighty-five of the civil service law.
     8    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06299-01-3
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