Add Art 2-A Title 5 S53, Soc Serv L; add S92-h, St Fin L
Establishes a revolving loan program whereby short term loans are made available through local social services districts to families receiving public assistance who are in danger of homelessness by reason of eviction; appropriates $3,000,000 therefor.
STATE OF NEW YORK
________________________________________________________________________
4644
2009-2010 Regular Sessions
IN ASSEMBLY
February 5, 2009
___________
Introduced by M. of A. V. LOPEZ, SEMINERIO -- Multi-Sponsored by -- M.
of A. CLARK -- read once and referred to the Committee on Social
Services
AN ACT to amend the social services law and the state finance law, in
relation to establishing a revolving loan program whereunder short
term loans are made available to families receiving public assistance
who are threatened with eviction; and making an appropriation therefor
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Article 2-A of the social services law is amended by
2 adding a new title 5 to read as follows:
3 TITLE 5
4 REVOLVING LOAN PROGRAM
5 Section 53. Revolving loan program.
6 § 53. Revolving loan program. 1. The commissioner of the office of
7 temporary and disability assistance is hereby authorized, within the
8 limits of funds available in the revolving loan program fund established
9 pursuant to section ninety-two-h of the state finance law, to enter into
10 contracts with up to twenty social services districts to provide finan-
11 cial assistance in the form of loans to public assistance recipients who
12 are in danger of becoming homeless. Such grants shall be provided to
13 create a revolving loan program administered by the local district to
14 provide short term loans to families receiving public assistance pursu-
15 ant to article five of this chapter who are in imminent danger of home-
16 lessness by reason of eviction. Such loans:
17 (a) shall be in an amount not to exceed six hundred dollars per loan;
18 (b) shall be interest free and five years in duration;
19 (c) shall be limited to one such loan per eligible family; and
20 (d) shall be provided in accordance with the terms of the contract
21 between the office of temporary and disability services and the social
22 services district.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06234-01-9
A. 4644 2
1 2. From time to time, the commissioner of the office of temporary and
2 disability assistance, in consultation with the commissioner of housing
3 and community renewal, may issue requests for proposals and application
4 forms for financial assistance under this title. The social services
5 districts to be included in the revolving loan program shall be selected
6 competitively from requests for proposals. The application forms may
7 require the submission of such information as the commissioner of the
8 office of temporary and disability assistance deems necessary.
9 § 2. The state finance law is amended by adding a new section 92-h to
10 read as follows:
11 § 92-h. Revolving loan program fund. 1. There is hereby established in
12 the joint custody of the state comptroller and the commissioner of taxa-
13 tion and finance a special fund to be known as the "revolving loan
14 program fund".
15 2. The revolving loan program fund shall consist of moneys appropri-
16 ated to it from the general fund and allocated pursuant to a certificate
17 of approval of availability issued by the director of the budget and all
18 other moneys credited, appropriated or transferred thereto from any
19 other fund or sources.
20 3. Moneys of the fund, following appropriation by the legislature, may
21 be expended in accordance with title five of article two-A of the social
22 services law, pursuant to a certificate of approval of availability
23 issued by the director of the budget.
24 4. Moneys of the fund may be invested by the state comptroller and
25 income from such investments shall be credited to the general fund.
26 § 3. The sum of three million dollars ($3,000,000), or so much thereof
27 as may be necessary, is hereby appropriated to the revolving loan
28 program fund established pursuant to section 92-h of the state finance
29 law from any moneys in the state treasury in the general fund to the
30 credit of the state purposes account not otherwise appropriated for the
31 purposes of making short term loans available to families receiving
32 public assistance who are in imminent danger of homelessness by reason
33 of eviction. Such sum shall be payable on the audit and warrant of the
34 state comptroller on vouchers certified or approved in the manner
35 prescribed by law.
36 § 4. This act shall take effect January 1, 2010.
