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Bill > A01904


NY A01904

NY A01904
Provides that in cities with a population of one million or more, the rent following the dissolution date of Mitchell-Lama developments shall be the last rent authorized for the affected dwelling.


summary

Introduced
01/11/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Provides that in cities with a population of one million or more, the rent following the dissolution date of Mitchell-Lama developments shall be the last rent authorized for the affected dwelling.

AI Summary

This bill provides that in cities with a population of one million or more, the rent following the dissolution date of Mitchell-Lama developments (a type of affordable housing program) shall be the last rent authorized for the affected dwelling. Specifically, the initial legal regulated rent for any affected dwelling unit after the dissolution date will be the last rent authorized before the dissolution date, including any rental surcharges, and this rent cannot be subject to adjustment under certain rent regulation laws.

Committee Categories

Housing and Urban Affairs

Sponsors (12)

Last Action

referred to housing (on 01/05/2022)

bill text


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