Meeting Name: Committee on Housing and Buildings Agenda status: Final
Meeting date/time: 9/30/2024 1:00 PM Minutes status: Final  
Meeting location: 250 Broadway - Committee Room, 14th Floor
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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            Roll call Not available
T2024-2479 *   Oversight - Third Party Transfer Program.Oversight Hearing Held by Committee  Action details Not available
T2024-2479 *   Oversight - Third Party Transfer Program.Oversight Filed, by Committee  Action details Not available
Int 1063-2024 *Pierina Ana Sanchez  Third party transfer program, and to repeal sections 11-425, 11-426, and 11-427 of such code, relating to agreements for payment of delinquent taxes and charges in installments.IntroductionThis bill would make amendments to the Third Party Transfer (“TPT”) program. Through the TPT program, the City forecloses on financially and physically distressed properties and transfers them to a third party for rehabilitation. This bill would expand the definition of distressed properties, create additional notice requirements to property owners and building residents, and provide opportunities for building owners to avoid the transfer of their property in particular circumstances, among other changes to the program.Hearing Held by Committee  Action details Not available
Int 1063-2024 *Pierina Ana Sanchez  Third party transfer program, and to repeal sections 11-425, 11-426, and 11-427 of such code, relating to agreements for payment of delinquent taxes and charges in installments.IntroductionThis bill would make amendments to the Third Party Transfer (“TPT”) program. Through the TPT program, the City forecloses on financially and physically distressed properties and transfers them to a third party for rehabilitation. This bill would expand the definition of distressed properties, create additional notice requirements to property owners and building residents, and provide opportunities for building owners to avoid the transfer of their property in particular circumstances, among other changes to the program.Laid Over by Committee  Action details Not available