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.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A6283
SPONSOR: Norris TITLE OF BILL:
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
PURPOSE OR GENERAL IDEA OF BILL:
This bill create a new state program, modeled and paralleled off of the
federal small cities community development block grant program, to open
state investment dollars to revitalize and enhance the state's existing
housing stock.
SUMMARY OF PROVISIONS:
Section one amends section 45-a of the private housing finance law.
Section two creates a New York small cities community development
program to assist cities in New York state with a population under
100,000 people to rehabilitate and repair existing single and two family
homes that need physical improvements or revitalization. The state
program will use the existing requirements for the federal small cities
community development block grant program to create and administer the
state program.
Section three of the bill establishes the effective date.
JUSTIFICATION:
The housing stock in New York's small cities is deteriorating signif-
icantly and it is difficult for property owners to invest in their
single or two family homes due to increased inflation and high property
taxes. This new program would open up state housing investing funds to
revitalize and enhance our existing housing stock. Further, it would be
appropriate for the state to reinvest in existing and vacant housing in
our small cities to improve the existing housing stock, especially in
light of recent attention by the governor for housing opportunities
statewide.
PRIOR LEGISLATIVE HISTORY:
New bill.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
Subject to future appropriations.
EFFECTIVE DATE:
This act shall take effect April 1, 2024.
STATE OF NEW YORK
________________________________________________________________________
6283
2023-2024 Regular Sessions
IN ASSEMBLY
April 3, 2023
___________
Introduced by M. of A. NORRIS -- read once and referred to the Committee
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, 2024.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10001-01-3
