Authorizes state of New York mortgage agency to purchase labor organization assisted forward commitment mortgages from banks; sets criteria for labor organization participation; requires them to guarantee up to twenty percent of outstanding indebtedness.
Relates to the timely cashing of rent checks; requires a landlord to cash a rent check provided by a tenant in his or her possession within thirty days after the check is postmarked.
Requires the installation and maintenance of playground equipment by the New York city housing authority to substantially comply with the guidelines and criteria contained in the handbook for public playground safety produced by the United States Consumer Products Safety Commission or any successor thereof.
Requires manufactured home park owners to provide a written justification for rent increases in excess of three percent of the current rent; provides that increases in costs to justify such rent increase for ordinary maintenance or repair to meet the warranty of habitability obligations must be shown to be necessary.
Requires that any limited liability company who files a rent registration statement shall include a list of all members of such limited liability company and each member's ownership interest.
Establishes the "New York student loan assistance and home purchase act", for the purposes of facilitating the purchase of homes by individuals who are burdened by student debt, by providing financing opportunities for the consolidation of student debt into a mortgage.
Requires the New York city housing authority to provide written notice to residents of disruptions to water services when water is not safe for drinking or cooking; requires the New York city housing authority to establish measures to ensure all contractors and subcontractors who deal with the collection and examining of water samples to comply with federal, state and local laws, rules and regulations regarding the examination of water quality.
Relates to veterans' eligibility for public housing; expands eligibility requirements to include veterans of the recent conflicts; requires granting of a preference for public housing to veterans or families of veterans who have a military service connected disability.
Extends the time period for tenancy rights from 30 days to 45 days of possession; adds squatting to the definition of criminal trespass in the third degree.
Authorizes a city of one million or more to remove the cap on the floor area ratio of certain dwellings being converted from non-residential to residential units; requires that no less than 40% of such units remain affordable for those who are below 60% of the area median income; requires certain labor standards in converting such units; prohibits conversion of floor area ration under certain circumstances.
Prohibits certain regulations of the state division of housing and community renewal, for cities having a population of less than one million and towns and villages, from permitting an owner to refuse to renew a lease on grounds that the housing accommodation is sought for personal use or occupancy (i.e. use or occupancy by the owner or the owner's immediate family); repeals provisions which permit evictions for personal use and occupancy.
Relates to an action for willful neglect of residential real property and treble damages; requires landlords to finance the tenant's temporary relocation.