Legislation Details

File #: Int 1769-2019    Version: Name: Requiring the dept of housing preservation and development to report on the disposition of city property for affordable housing development.
Type: Introduction Status: Filed (End of Session)
Committee: Committee on Housing and Buildings
On agenda: 10/17/2019
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to additional reporting requirements for the department of housing preservation and development related to affordable housing development
Sponsors: Rafael Salamanca, Jr., Ben Kallos, Robert E. Cornegy, Jr.
Council Member Sponsors: 3
Summary: This bill would require the Department of Housing Preservation and Development to submit quarterly reports to the Council regarding affordable housing development projects that involve any form of city financial assistance. The quarterly reports would include the amount of city financial assistance received by the developer, the date the project received ULURP approval, and the estimated and actual closing dates for any financial assistance provided by the city.
Indexes: Report Required
Attachments: 1. Summary of Int. No. 1769-A, 2. Summary of Int. No. 1769, 3. Int. No. 1769, 4. October 17, 2019 - Stated Meeting Agenda with Links to Files, 5. Hearing Transcript - Stated Meeting 10-17-19, 6. Minutes of the Stated Meeting - October 17, 2019, 7. Proposed Int. No. 1769-A - 10/23/19
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/31/2021ARafael Salamanca, Jr. City Council Filed (End of Session)  Action details Meeting details Not available
10/17/2019*Rafael Salamanca, Jr. City Council Referred to Comm by Council  Action details Meeting details Not available
10/17/2019*Rafael Salamanca, Jr. City Council Introduced by Council  Action details Meeting details Not available

Proposed Int. No. 1769-A

 

By Council Members Salamanca, Kallos and Cornegy

 

A Local Law to amend the administrative code of the city of New York, in relation to additional reporting requirements for the department of housing preservation and development related to affordable housing development

 

Be it enacted by the Council as follows:

 

Section 1.  Subdivision d of section 26-903 of the administrative code of the city of New York, as added by local law number 202 for the year 2017, is amended to read as follows:

d. No later than October 31, [2018] 2020, and [by October 31 in each year] quarterly thereafter, the department shall submit to the mayor and, by electronic mail, the council, and shall publish online a report on housing development projects. Such report shall include, at a minimum, the following information for each housing development project, provided that such report need not include any housing development project that was completed more than five years before the date of such report or where the developer was selected before the effective date of the local law that added this subdivision:

(1) the project identifier;

(2) the address;

(3) the anticipated completion date or the actual completion date for completed projects;

(4) the name of the developer and each contractor; [and]

(5) [the information required by paragraph four of subdivision a of this section.]the source, type and value of all city financial assistance and other financial assistance provided by the city, disaggregated by source and type;

(6)  the date the project received approval pursuant to section 197-c or 197-d of the charter;

(7)  the anticipated date of financial closing for any city financial assistance; and

(8)   the actual date of financial closing for any city financial assistance.

§3.   This local law takes effect immediately.

AW

LS #11192

10/8/19