Senate Resolution 1242 amends the plan for New York's Economic Development Assistance Program to add two specific grants: $250,000 to Calvary Housing Development Fund Corporation for senior housing and $100,000 to New York City Department of Education for New York Sun Works, Inc. The resolution updates the schedule of approved grantees, requiring the revised list to be approved by the temporary Senate president, budget director, and a majority vote of the Senate. This change directly affects the two organizations receiving funds and the administrative process for allocating program monies originally appropriated in 2008 and reappropriated in 2025. The bill does not alter the program's overall structure but adjusts its current funding distribution.
Senate Resolution R 1238 amends a prior resolution to establish a required process for allocating $200,000 in state funds for housing initiatives during the 2024-25 fiscal year. It mandates that funds be distributed only after an itemized list of grantees (including specific organizations like Ali Forney Center and Broadway Housing Communities Inc.) and their allocated amounts is approved by the Senate's temporary president, budget director, and a majority vote of all elected senators. This procedural resolution directly affects the listed organizations by confirming their receipt of designated funding amounts, with no new policy changes to housing programs.
Prohibits residential landlords from charging tenants a fee for a dishonored rent check in excess of the actual costs or fees incurred by such landlord as a result thereof, provided such dishonored check fee was included in the initial lease.
Authorizes the town of Copake to establish community preservation funds and to impose a real estate transfer tax with revenues to be deposited into the community preservation fund; provides for the repeal of certain provisions upon expiration thereof.
Relates to actions and proceedings seeking an abatement of rent based on violations of the housing maintenance code, applicable housing standards, the building code, or the health code; relates to the number of housing judges assigned to certain actions.
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 race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income or ancestry.
Authorizes the commissioner of general services to transfer and convey certain lands in the town of Wilton, county of Saratoga, to the Veterans and Community Housing Coalition.
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.
This bill raises the maximum funding per housing unit from $125,000 to $250,000 for projects funded through New York's Housing Trust Fund Corporation. It directly affects low-income housing developers and projects that rehabilitate or construct affordable housing using these funds. The key change is increasing the per-unit funding cap, allowing more resources for modernizing housing while maintaining existing requirements like a 5% private developer equity investment. The bill does not alter other program rules, such as loan terms (up to 40 years) or geographic allocation limits.
S 7780 would allow cities with a population of over one million to grant mutual redevelopment companies an additional 50 years of tax exemption, following the initial maximum period. The exemption requires that the company pays at least 5% of annual rent (minus utilities) for residential units or the taxes paid during 2000-2001, whichever is lower. This applies only to companies already operating under the existing tax exemption framework in large cities.
