A05648 Summary:
| BILL NO | A05648 |
| SAME AS | No Same As |
| SPONSOR | Zinerman |
| COSPNSR | |
| MLTSPNSR | |
| Amd §37, Pub Hous L | |
| Requires a public housing authority to file in the office of the commissioner of housing and community renewal and with the temporary president of the senate and the speaker of the assembly a physical needs assessment every five years; defines "physical needs assessment". | |
A05648 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 5648 2025-2026 Regular Sessions IN ASSEMBLY February 19, 2025 ___________ Introduced by M. of A. ZINERMAN -- read once and referred to the Commit- tee on Housing AN ACT to amend the public housing law, in relation to physical needs assessments for public housing authorities The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 37 of the public housing law is amended by adding a 2 new subdivision 3-a to read as follows: 3 3-a. (a) An authority shall file in the office of the commissioner and 4 with the temporary president of the senate and the speaker of the assem- 5 bly a physical needs assessment. Each authority shall file the physical 6 needs assessment every five years. 7 (b) For purposes of this section, a "physical needs assessment" shall 8 mean a standard operating procedure for real estate management consist- 9 ing of a periodic examination and evaluation of real estate to determine 10 a long-term schedule and cost for replacement of major property compo- 11 nents. The physical needs assessment shall provide data to evaluate the 12 viability of the real estate to continue serving its intended purpose 13 into the future. The physical needs assessment shall be deemed a founda- 14 tional document which may be useful for a number of real estate manage- 15 ment functions, including: determining a replacement reserve schedule; 16 developing preventative maintenance plans; performing due diligence at 17 sale, purchase, or financing; marketing and repositioning strategy plan- 18 ning; budgeting; and obtaining or providing grant support. 19 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09279-01-5