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A05785 Summary:

BILL NOA05785
 
SAME ASNo Same As
 
SPONSORCymbrowitz
 
COSPNSR
 
MLTSPNSR
 
Ren 402-a & 402-b to be 402-b & 402-c, add 402-a, ren 402-c to be 402-d, 402-c to be 402-e, Pub Hous L
 
Provides that the sale of real property owned by the NYC housing authority to a private entity must be approved by the state legislature.
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A05785 Actions:

BILL NOA05785
 
02/15/2017referred to housing
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A05785 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A5785
 
SPONSOR: Cymbrowitz
  TITLE OF BILL: An act to amend the public housing law, in relation to regulating the conveyance of certain public housing   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to protect the availability and affordabili- ty of the New York City public housing stock.   SUMMARY OF PROVISIONS: Section one of the bill adds a new section 402-a, and renumbers current sections 402-a and 402-b as sections 402-b and 402-c of the Public Hous- ing Law. This bill would provide that any contract for the sale or transfer of any real property owned or controlled by the New York City Housing Authority (NYCHA) to a private entity must be approved by the legislature.   DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE):   JUSTIFICATION: Created in the 1930's, public housing projects were meant to be afforda- ble homes for lower and middle class New Yorkers, now the buildings are crumbling, there is a S168 million yearly operating deficit, and a decade long waiting list. In light of such constant and deleterious conditions, the notion of selling public housing seems to some to be a plausible solution but it is at best an ill-advised alternative. The need for additional affordable housing in New York City is undeniable; however, the theory that supports the sale of current property for the creation of new housing in poorer neighborhoods is elitist and separa- tist. Such a plan would further the economic divide which the current housing market can potentially spurn if allowed to grow without balances and mechanisms such as the review and oversight this legislation envisions.   PRIOR LEGISLATIVE HISTORY: 2016: A.3753 - Referred to Housing. 2015: A.3573 Referred to Housing. 2014: A.4059- Referred to Housing. 2013: A.4059 -Referred to Housing. 2012: A.621- Referred to Housing. 2011: A.621 - Referred to Housing. 2010: A.1468- Referred to Housing. 2009: A.1468- Referred to Housing. 2008: A.9531- Referred to Housing. 2007: A.9531 -Referred to Housing.   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: None.   EFFECTIVE DATE: This act shall take effect immediately and shall apply to any contract for the sale or transfer or real property to a private entity by the New York City housing authority on or after such date.
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