A03342 Summary:

BILL NOA03342A
 
SAME ASSAME AS S04960-A
 
SPONSORCunningham
 
COSPNSRZinerman
 
MLTSPNSR
 
 
Establishes that area median income shall be calculated either per each zip code or per region in the city of New York, whichever is lower.
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A03342 Actions:

BILL NOA03342A
 
02/02/2023referred to housing
01/03/2024referred to housing
03/14/2024amend (t) and recommit to housing
03/14/2024print number 3342a
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A03342 Committee Votes:

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A03342 Floor Votes:

There are no votes for this bill in this legislative session.
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A03342 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         3342--A
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 2, 2023
                                       ___________
 
        Introduced  by  M.  of  A.  CUNNINGHAM  -- read once and referred to the
          Committee on Housing -- recommitted to the  Committee  on  Housing  in
          accordance  with Assembly Rule 3, sec. 2 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee

        AN  ACT to require certain calculations of area median income to be used
          by all affordable housing programs in a city having  a  population  of
          one million or more
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Notwithstanding any law, rule or regulation to the  contra-
     2  ry,  within  cities  having  a  population  of  one million or more, any
     3  affordable housing program initiated after the effective  date  of  this
     4  act  shall  use  the lower of the area median income proportional to the
     5  zip code in which the program is located or  the  regional  area  median
     6  income in which the program is located.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07357-03-4
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