Initiates a five-year moratorium on the dissolution of any urban rental Mitchell-Lama company and establishes a Mitchell-Lama housing program study

This bill halts the voluntary dissolution of urban rental Mitchell-Lama housing companies for five years, preventing these developments from closing and protecting affordable housing for current residents. It also mandates a state study by New York Homes and Community Renewal to examine program preservation, expansion, financing models, income criteria, and geographic planning for Mitchell-Lama housing. The study will produce a preliminary report within two years and a final report with recommendations within four years. These provisions directly affect Mitchell-Lama housing companies, their residents, and future affordable housing policy in New York.