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A07830 Summary:

BILL NOA07830
 
SAME ASSAME AS S06914
 
SPONSORJackson
 
COSPNSR
 
MLTSPNSR
 
Add §226-d, RP L
 
Establishes the rental assistance payment standard pilot program where the owner of a housing accommodation shall be entitled to charge and collect a rent equal to the maximum amount that the rental assistance program prescribes for like housing accommodations, subject to rent reasonableness calculations.
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A07830 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7830
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                     April 11, 2025
                                       ___________
 
        Introduced  by M. of A. JACKSON -- read once and referred to the Commit-
          tee on Housing
 
        AN ACT to amend the real property law, in relation to the rental assist-
          ance payment standard pilot program; and providing for the  repeal  of
          such provisions upon expiration thereof

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The real property law is amended by adding  a  new  section
     2  226-d to read as follows:
     3    §  226-d.  Rental  assistance payment standard pilot program. 1. Where
     4  the requirements of this section are satisfied, the owner of  a  housing
     5  accommodation  shall  be  entitled to charge and collect a rent equal to
     6  the maximum amount that the rental  assistance  program  prescribes  for
     7  like  housing  accommodations,  subject  to  rent  reasonableness calcu-
     8  lations, notwithstanding that such rental amount might exceed rent limi-
     9  tations under any other applicable law or regulation.
    10    2. A housing accommodation shall  be  subject  to  the  provisions  of
    11  subdivision  one  of this section if the housing accommodation is regis-
    12  tered as vacant with the state housing agency for registration year  two
    13  thousand  twenty-five  and is subsequently rented to a tenant who is the
    14  recipient of a rental assistance  housing  voucher  under  any  federal,
    15  state, or local program, and such rental assistance is provided pursuant
    16  to  a  payment agreement between the owner and applicable housing agency
    17  with respect to the housing accommodation. Only  housing  accommodations
    18  in buildings constructed prior to January first, nineteen hundred seven-
    19  ty-four shall be eligible.
    20    3.  Where a rent prescribed by a rental assistance program pursuant to
    21  subdivision one of this section exceeds the legal regulated rent,  pref-
    22  erential  rent,  or  maximum  collectible rent for such housing accommo-
    23  dation, such legal regulated rent, preferential rent, or maximum collec-
    24  tible rent shall be preserved and  registered  with  the  state  housing
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11281-01-5

        A. 7830                             2
 
     1  agency, as applicable, subject to any increases allowed by law as if the
     2  apartment  were rented in the normal course during the same time period.
     3  The legal rent shall be reinstated, subject to any allowable  increases,
     4  when  the  housing  accommodation  is  no  longer  subject to the rental
     5  assistance program.
     6    § 2. This act shall take effect immediately and shall  expire  and  be
     7  deemed  repealed  June  15,  2027, except that any housing accommodation
     8  with a vacancy lease start date before June 15, 2027 shall  continue  to
     9  be  covered  by  this  act  for as long as such housing accommodation is
    10  occupied by a tenant  with  a  rental  assistance  housing  voucher  and
    11  covered by a payment agreement with a government entity.
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