New York Assembly Bill A06738 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 6738 2025-2026 Regular Sessions  IN ASSEMBLY March 11, 2025 ___________ Introduced by M. of A. BOLOGNA -- read once and referred to the Commit- tee on Housing AN ACT to amend the private housing finance law, in relation to direct- ing the housing trust fund corporation to administer a New York small cities community development program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 45-a of the private housing finance law is amended 2 by adding a new subdivision 11-a to read as follows: 3 11-a. The corporation shall create and administer a New York small 4 cities community development program to encourage the rehabilitation and 5 repair of local housing in cities, as accounted in the most recent 6 United States census, with a population less than one hundred thousand 7 for the physical improvement and revitalization of single and two family 8 homes including, but not limited to, the replacement or significant 9 repair of roofs, sidings, exterior doors, windows, foundations, gutters, 10 porches, driveways, detached garages, and other improvements necessary 11 to correct any building code violations. The program shall follow the 12 regulations as defined for the federal small cities community develop- 13 ment block grant by the federal Housing and Community Development Act of 14 1974. This program shall be subject to appropriation by the state. 15 § 2. This act shall take effect April 1, 2026. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05564-01-5