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A06738 Summary:

BILL NOA06738
 
SAME ASNo Same As
 
SPONSORBologna
 
COSPNSR
 
MLTSPNSR
 
Amd §45-a, Priv Hous Fin L
 
Directs the housing trust fund corporation to administer a New York small cities community development program to encourage the rehabilitation and repair of local housing in cities, as accounted in the most recent United State census, with a population less than one hundred thousand.
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A06738 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6738
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 11, 2025
                                       ___________
 
        Introduced  by M. of A. BOLOGNA -- read once and referred to the Commit-
          tee on Housing
 
        AN ACT to amend the private housing finance law, in relation to  direct-
          ing  the housing trust fund corporation to administer a New York small
          cities community development program

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Section 45-a of the private housing finance law is amended
     2  by adding a new subdivision 11-a to read as follows:
     3    11-a. The corporation shall create and administer  a  New  York  small
     4  cities community development program to encourage the rehabilitation and
     5  repair  of  local  housing  in  cities,  as accounted in the most recent
     6  United States census, with a population less than one  hundred  thousand
     7  for the physical improvement and revitalization of single and two family
     8  homes  including,  but  not  limited  to, the replacement or significant
     9  repair of roofs, sidings, exterior doors, windows, foundations, gutters,
    10  porches, driveways, detached garages, and other  improvements  necessary
    11  to  correct  any  building code violations. The program shall follow the
    12  regulations as defined for the federal small cities  community  develop-
    13  ment block grant by the federal Housing and Community Development Act of
    14  1974. This program shall be subject to appropriation by the state.
    15    § 2. This act shall take effect April 1, 2026.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05564-01-5
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