Bill > S02707

This bill requires the New York State Division of Housing and Community Renewal (DHCR) to develop a comprehensive, unified online application and web portal system for businesses and organizations seeking housing-related funding, tax credits, loans, and grants at the state level. The common application must be available upon request from state agencies and can be completed and submitted through the web portal. The web portal will be accessible to state agencies for administering housing development funding and will allow agencies to upload supporting documents and information to help applicants. Importantly, the bill specifies that this system only applies to statewide funding opportunities and does not include locally managed programs or applications to not-for-profit corporations. The DHCR commissioner will have the authority to request any necessary information from state agencies to implement this system, and the bill defines a "state agency" broadly to include any state department, commission, division, office, bureau, or subdivision. The legislation will take effect 180 days after becoming law, providing time for agencies to develop and implement the new unified application system.