New York City Council Header
File #: Int 1645-2017    Version: Name: Contributions to and expenditures from the mandatory inclusionary housing affordable housing fund.
Type: Introduction Status: Enacted
Committee: Committee on Housing and Buildings
On agenda: 6/6/2017
Enactment date: 11/17/2017 Law number: 2017/212
Title: A Local Law to amend the administrative code of the city of New York, in relation to contributions to and expenditures from the mandatory inclusionary housing affordable housing fund
Sponsors: Donovan J. Richards, Vincent J. Gentile, Helen K. Rosenthal, Rafael Salamanca, Jr., Carlos Menchaca
Council Member Sponsors: 5
Summary: This bill would require the Department of Housing Preservation and Development to produce a quarterly report on the affordable housing fund and the mandatory inclusionary housing developments that fund it.
Indexes: Oversight, Report Required
Attachments: 1. Legislative History Report, 2. Summary of Int. No. 1645-A, 3. Summary of Int. No. 1645, 4. Int. No. 1645, 5. June 6, 2017 - Stated Meeting Agenda with Links to Files, 6. Committee Report 6/19/17, 7. Hearing Testimony 6/19/17, 8. Hearing Transcript 6/19/17, 9. Proposed Int. No. 1645-A - 10/12/17, 10. Committee Report 10/16/17, 11. Hearing Transcript 10/16/17, 12. Fiscal Impact Statement, 13. October 17, 2017 - Stated Meeting Agenda with Links to Files, 14. Int. No. 1645-A (FINAL), 15. Hearing Transcript - Stated Meeting 10-17-17, 16. Legislative Documents - Letter to the Mayor, 17. Local Law 212, 18. Minutes of the Stated Meeting - October 17, 2017
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
11/17/2017ADonovan J. Richards Administration City Charter Rule Adopted  Action details Meeting details Not available
11/6/2017ADonovan J. Richards Mayor Hearing Held by Mayor  Action details Meeting details Not available
10/17/2017ADonovan J. Richards City Council Sent to Mayor by Council  Action details Meeting details Not available
10/17/2017ADonovan J. Richards City Council Approved by CouncilPass Action details Meeting details Not available
10/16/2017*Donovan J. Richards Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
10/16/2017*Donovan J. Richards Committee on Housing and Buildings Amendment Proposed by Comm  Action details Meeting details Not available
10/16/2017*Donovan J. Richards Committee on Housing and Buildings Amended by Committee  Action details Meeting details Not available
10/16/2017ADonovan J. Richards Committee on Housing and Buildings Approved by CommitteePass Action details Meeting details Not available
6/19/2017*Donovan J. Richards Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
6/19/2017*Donovan J. Richards Committee on Housing and Buildings Laid Over by Committee  Action details Meeting details Not available
6/6/2017*Donovan J. Richards City Council Introduced by Council  Action details Meeting details Not available
6/6/2017*Donovan J. Richards City Council Referred to Comm by Council  Action details Meeting details Not available

Int. No. 1645-A

 

By Council Members Richards, Gentile, Rosenthal, Salamanca and Menchaca

 

A Local Law to amend the administrative code of the city of New York, in relation to contributions to and expenditures from the mandatory inclusionary housing affordable housing fund

 

Be it enacted by the Council as follows:

 

Section 1. Section 26-1701 of the administrative code of the city of New York, as added by a local law for the year 2017 amending the administrative code of the city of New York relating to reporting on inclusionary housing programs, as proposed in introduction number 336-B, is amended to read as follows:

§ 26-1701 Definitions. a. Unless otherwise indicated, the following terms, as used in this chapter, shall have the meanings ascribed to such terms by the New York city zoning resolution: administering agent; affordable floor area; affordable housing fund; affordable housing unit; compensated development; dwelling unit; generating site; inclusionary housing designated area; income band; MIH development; MIH site and zoning lot.

§ 2. Chapter 17 of title 26 of the administrative code of the city of New York is amended by adding a new section 26-1703 to read as follows:

§ 26-1703 Reporting on affordable housing fund. On or before September 30, 2018, and annually thereafter, the department shall publish on the department’s website a report on contributions to and expenditures from the affordable housing fund. The information in such report shall be indexed by borough and community district and shall include the total amount of money in such fund available for exclusive use in each community district and for use in each borough without regard to community district. Such report shall include, at a minimum, the following information about each zoning lot for which a contribution is made to such fund: (i) the name of the owner of such lot; (ii) the address, block and lot number; (iii) the total number of dwelling units located at such lot; (iv) the amount of affordable floor area that would otherwise be required at such lot in lieu of such contribution pursuant to section 23-154 of the New York city zoning resolution; and (v) the total amount of contributions made in connection with such lot.

§ 3. This local law takes effect immediately.

 

 

JHC/MPC

LS #6878

10/6/2017 7:05 PM