STATE OF NEW YORK
________________________________________________________________________
4960--A
2023-2024 Regular Sessions
IN SENATE
February 17, 2023
___________
Introduced by Sens. JACKSON, CLEARE, SEPULVEDA -- read twice and ordered
printed, and when printed to be committed to the Committee on Cities 1
-- recommitted to the Committee on Cities 1 in accordance with Senate
Rule 6, sec. 8 -- reported favorably from said committee and committed
to the Committee on Housing, Construction and Community Development --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
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.
LBD07357-02-4
