Creates a middle income home ownership subsidy program to assist persons with an income below the current median income for the city of New York with the purchase of a residence in an urban area.
Provides that penalties may be levied against a person who intentionally withholds a housing accommodation from the market, including for the purpose of future co-operative conversion.
Requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events.
Establishes a housing task force addressing affordable housing for millennials in suburban counties to provide a continuing forum to discuss concerns and issues related to the formulation of state policy designed to help address this issue.
Relates to establishing the housing access voucher program; provides that the commissioner of the division of housing and community renewal shall implement a program of rental assistance in the form of housing vouchers for eligible individuals and families who are homeless or who face an imminent loss of housing; provides that the commissioner shall designate housing access voucher local administrators in the state to administer the program.
Enacts the "NYCHA utility accountability act"; requires the NYCHA to provide a rent reduction to tenants who experience a disruption in utility service.
Enacts the "all-electric building act"; provides that the state energy conservation construction code shall prohibit infrastructure, building systems, or equipment used for the combustion of fossil fuels in new construction statewide no later than December 31, 2023 if the building is less than seven stories and July 1, 2027 if the building is seven stories or more.
Establishes the sustainable affordable housing incentive program to provide assistance in the form of payments, grants and loans for reasonable and necessary expenses to an eligible applicant for sustainable housing activities; defines terms.
Requires public housing authorities with housing complexes containing one hundred or more units to provide at least three meals or meal vouchers and drinking water for all tenants in the affected buildings each day of a disruption in water services that requires a pause of tenant use of water for drinking or cooking lasting over twenty-four hours.
Expands eligibility requirements for rent increase exemptions for persons with disabilities; includes children who qualify as a person with a disability.
Authorizes the state division of housing and community renewal to study housing programs for low and middle income families; provides for a moratorium on the voluntary dissolution of limited profit, limited dividend and redevelopment housing companies.