Int 1226-2013

Be it enacted by the Council as follows: Section 1. Title 26 of the administrative code of the city of New York is amended by adding a new chapter 11 to read as follows: CHAPTER 11 PERIODIC REPORTS ON INCLUSIONARY HOUSING PROGRAMS � 26-1101 Definitions. For the purposes of this chapter, the following terms shall mean as follows: ADMINISTERING AGENT. (1) An administering agent, as such term is defined by section 23-911 of the New York City Zoning Resolution, and (2) an individual or entity responsible for ensuring that (i) income-restricted housing units at a generating site are occupied in accordance with the income restrictions for such units or (ii) sleeping quarters for persons with special needs at a generating site are used as sleeping quarters for persons with special needs. COMPENSATED DEVELOPMENT. (1) A compensated development, as such term is defined by section 23-911 of the New York City Zoning Resolution, and (2) a development, enlargement of the floor area of an existing building or a conversion of a building, or portion thereof, from non-residential use to dwelling units, as such terms are defined by section 12-10 of the New York City Zoning Resolution, that is located within a compensated zoning lot. COMPENSATED ZONING LOT. (1) A compensated zoning lot, as such term is defined by section 23-911 of the New York City Zoning Resolution, and (2) a zoning lot that receives an increased floor area ratio, as such terms are defined by section 12-10 of the New York City Zoning Resolution, as a result of (i) income-restricted housing units being provided at a generating site or (ii) sleeping quarters for persons with special needs being provided at a generating site. DEPARTMENT. The department of housing preservation and development. GENERATING SITE. (1) A generating site, as such term is defined by section 23-911 of the New York City Zoning Resolution, and (2) a building or building segment, as such terms are defined by section 12-10 of the New York City Zoning Resolution, containing income-restricted housing units or sleeping quarters for persons with special needs. INCOME-RESTRICTED HOUSING UNIT. A dwelling unit or rooming unit, as such terms are defined by section 12-10 of the New York City Zoning Resolution, the occupancy of which is or will be restricted based on the income of the occupant or intended occupant. � 26-1102 Annual report. No later than June 1 of each year, the department, in consultation with the department of buildings and the department of city planning, shall report to the council, and make available on the department's website, the following information for each compensated development: (1) the address, block and lot number; (2) the source and type of all financial assistance, including but not limited to grants, loans, subsidies, tax credits and tax exemptions or abatements, provided for the compensated development by any federal, state or local agency or instrumentality for the purpose of promoting the creation, preservation or rehabilitation of income-restricted housing units or sleeping quarters for persons with special needs; (3) the following information for each generating site related to the compensated zoning lot: (i) the address, block and lot number; (ii) the number of income-restricted housing units located at the generating site, disaggregated by income restriction; and (iii) the administering agent. �2. This local law shall take effect immediately. EAA LS# 5081 12/16/13 11:30AM 1