Bill > A04098

This bill makes provisions for affordable housing within the city of Yonkers. It provides $25,000 in the affordable housing development account for new construction of affordable housing and acquisition of existing housing stock cooperatives, condominiums, and fee simple multi-family housing within Yonkers where appropriate. The bill also amends the Private Housing Finance Law to allow for grants to be used for these purposes, with a per-dwelling-unit limitation of $25,000 for new construction and acquisition within Yonkers.