Bill > A00795

This bill requires the Division of Housing and Community Renewal to enhance transparency around temporary major capital improvement (MCI) increases in rental properties by mandating annual website publication of audit results. Specifically, the bill amends existing laws to require the division to conduct annual inspections and audits of 25% of approved MCI increase applications, which include in-person inspections and document reviews to ensure property owners have complied with legal requirements. The new provision compels the division to conspicuously display on its website the results of each annual audit and publish new audit results every year. This legislation applies to multiple housing laws, including the Administrative Code of New York City, the Emergency Tenant Protection Act, and the Emergency Housing Rent Control Law. The goal appears to be increasing accountability and providing tenants and other stakeholders with clear information about how MCI increases are being implemented and verified. The bill will take effect immediately, with some provisions tied to the continuation of the public emergency requiring residential rent regulation.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A795