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S09699 Summary:

S09699 Actions:

S09699 Committee Votes:

S09699 Floor Votes:

S09699 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         9699--A
 
                    IN SENATE
 
                                      May 22, 2024
                                       ___________
 
        Introduced  by  Sen. KAVANAGH -- (at request of the New York State Homes
          and Community Renewal) -- read twice and  ordered  printed,  and  when
          printed  to be 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 amend the private housing finance law, in relation to permit-
          ting certain home repairs to be financed in conjunction with  accessi-
          bility improvements through the access to home program
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 4  of  section  1201  of  the  private  housing
     2  finance  law, as added by chapter 159 of the laws of 2006, is amended to
     3  read as follows:
     4    4. "Access to home programs" or "programs"  shall  mean  a  series  of
     5  activities  by  an  eligible  applicant  to  administer funds to provide
     6  either loans or grants to homeowners and  renters  and  to  oversee  the
     7  adaptation   [or],  retrofitting  or  repairs  of  eligible  properties,
     8  provided that such repairs are related to the habitability of an  eligi-
     9  ble property and such repairs are related to the adaptation or retrofit-
    10  ting of an eligible property.
    11    §  2.  Section  1202  of  the private housing finance law, as added by
    12  chapter 159 of the laws of 2006, is amended to read as follows:
    13    § 1202. Access to home contracts. 1. Within the limit of funds  avail-
    14  able in the access to home program, the corporation is hereby authorized
    15  to  enter  into  contracts with eligible applicants to provide financial
    16  assistance for the actual costs of an access  to  home  program.    Such
    17  costs  may include the costs of repairs of eligible properties, provided
    18  that such repairs are related to the adaptation or retrofitting of  such
    19  eligible  properties,  that such repairs are related to the habitability
    20  of such eligible properties, and that the access to home funds  provided
    21  to  cover  the cost of such repairs does not exceed sixty percent of the
    22  access to home program grant or loan. The financial assistance shall  be
    23  either  in  the form of grants or loans, as the corporation shall deter-
    24  mine. No more than fifty percent of the total amount awarded pursuant to
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14347-03-4
        S. 9699--A                          2
 
     1  this article in any fiscal year shall be allocated  to  access  to  home
     2  programs located within any single municipality.
     3    2.  The  total  payment  pursuant to any one contract shall not exceed
     4  five hundred  thousand  dollars  and  the  contract  shall  provide  for
     5  completion of the program within a reasonable period, as specified ther-
     6  ein,  which shall not in any event exceed three years from its commence-
     7  ment. Upon request, the corporation may extend the term of the  contract
     8  for  up  to  two additional one year periods for good cause shown by the
     9  eligible applicant.
    10    3. The corporation may authorize the eligible applicant to spend up to
    11  [seven and a half] ten percent  of  the  contract  amount  for  approved
    12  administrative costs associated with administering the program.
    13    4.  The  corporation  shall  require  that,  in order to receive funds
    14  pursuant to this article, the eligible applicant  shall  submit  a  plan
    15  which  shall include, but not be limited to, program feasibility, impact
    16  on the community, budget for expenditure of program  funds,  a  schedule
    17  for  completion of the program, affirmative action and minority business
    18  participation.
    19    § 3. Subdivision 5 of section 1271 of the private housing finance law,
    20  as added by section 1 of part Y of chapter 56 of the laws  of  2018,  is
    21  amended to read as follows:
    22    5.  "Access  to  home  for heroes programs" or "programs" shall mean a
    23  series of activities by an eligible applicant  to  administer  funds  to
    24  provide  grants  to homeowners and renters and to oversee the adaptation
    25  [or], retrofitting or repairs of eligible properties, provided that such
    26  repairs are related to the habitability of an eligible property and such
    27  repairs are related to the adaptation or  retrofitting  of  an  eligible
    28  property.
    29    §  4.  Subdivisions  1  and  3  of section 1272 of the private housing
    30  finance law, as added by section 1 of part Y of chapter 56 of  the  laws
    31  of 2018, are amended to read as follows:
    32    1.  Within  the  limit  of  funds  available in the access to home for
    33  heroes program, the corporation  is  hereby  authorized  to  enter  into
    34  contracts  with  eligible applicants to provide financial assistance for
    35  the actual costs of an access to home for heroes program. Such costs may
    36  include the costs of repairs of eligible properties, provided that  such
    37  repairs  are  related to the adaptation or retrofitting of such eligible
    38  properties, that such repairs are related to the  habitability  of  such
    39  eligible  properties,  and  that  the  access  to  home for heroes funds
    40  provided to cover the cost of such repairs does not exceed sixty percent
    41  of the access to home for heroes program grant or  loan.  The  financial
    42  assistance shall be in the form of grants. No more than fifty percent of
    43  the  total  amount  awarded  pursuant to this article in any fiscal year
    44  shall be allocated to access to home programs located within any  single
    45  municipality.
    46    3.  The  corporation  shall  authorize the eligible applicant to spend
    47  [seven and one-half] ten percent of the  contract  amount  for  approved
    48  administrative costs associated with administering the program.
    49    §  5.  This  act shall take effect on the ninetieth day after it shall
    50  have become a law.