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This bill extends deadlines for tax abatements on eligible renovations to multiple dwelling buildings. It changes the deadline for completing eligible construction from June 30, 2025, to June 30, 2026, and extends the period cities can grant tax abatements until June 30, 2026. The bill directly affects building owners making eligible improvements and local governments administering these tax breaks under the multiple dwelling law. It does not create new programs but provides additional time for compliance with existing tax abatement rules. The key change is the one-year extension to both construction completion dates and local government authorization periods.
Provides that any tenant who is evicted or otherwise removed from a dwelling unit as a result of a vacate order issued by any governmental agency or department due to fire shall be entitled to a suitable accommodation; defines suitable accommodation; makes related provisions.
Bill S 2289 expands the eligibility for veterans' preference in Mitchell-Lama housing projects. Currently, this preference is available to veterans who served during a time of war. This bill removes that wartime service requirement, making the housing preference available to all veterans and their surviving spouses as defined by the civil service law. This change applies to projects with open waiting lists and will be implemented when closed lists reopen. The bill also maintains that current residents have first priority for internal transfers within their existing projects.
Relates to preferences under the affordable home ownership development program for veterans with service-related disabilities; defines "veteran with a service-related disability".
Establishes the small rental housing development initiative to provide funding to eligible applicants to construct small rental housing developments in eligible areas.
Requires the modification of restrictive covenants prior to the sale of real property when covenants, conditions and restrictions exist which discriminate on the basis of a protected class in violation of state or federal law.
Prohibits unfair residential real estate service agreements which are certain service agreements which are not to be performed within two years following the time such agreement is entered into.
Provides for a continuation of senior citizen rent increase exemption benefits after a period of ineligibility due to a head of household's temporary increase in income.
Provides retroactivity to the original date of eligibility for the senior citizens rent increase exemption (SCRIE) and disability rent increase exemption (DRIE).
Relates to unlawful tenancies under the emergency tenant protection act of 1974; prohibits owners from entering or renewing leases where such owner has reason to know that such tenant will not occupy the housing accommodation as the tenant's primary residence.