Requires, in cities having a population of one million or more, supportive housing be disbursed throughout the boroughs of such city in proportion to the borough population.
Establishes the New York state short-term rental property commission which shall assess and address the current housing stock in the state of New York and the state of short-term rental property regulation.
Establishes the rental improvement fund pilot program to provide capital grants to small landlords to renovate rental units in certain cities; creates the rental improvement fund.
Requires DHCR to develop a common application and web portal for certain funding, tax credits, loans, and grants for housing; requires such application to be available upon request from relevant state agencies; requires such web portal to be manageable by relevant state agencies; makes relevant provisions.
Expands eligibility for loans and grants pursuant to the resilient retrofits loan and grant program for private sewer repairs and upgrades; establishes the resilient retrofits loan and grant fund.
Prohibits the imposition of any surcharge for the installation or use of a tenant-installed appliance where the tenant pays for electric utility service.
Authorizes the establishment of the home equity protection insurance program directing the agency to issue a commitment to insure and insure the full value of certain residences which are owner-occupied by persons who meet certain income qualifications.
Establishes an accessory dwelling unit incentive program to encourage the creation of accessory dwelling units; includes accessory dwelling units in the definition of the term housing accommodations in the human rights law; provides for a temporary property tax exemption on the increase in value of property resulting from the addition of an accessory dwelling unit.
Relates to the de-regulation of rent-stabilized housing accommodations; eliminates rent regulation for any regulated housing accommodation that becomes vacant on or after June 16, 2024; makes exceptions.