Int 1113-2016
Requiring increased transparency regarding the sale of housing development fund company units.
IntroductionFiledCommittee on Housing and Buildingsintroduced 2016-03-09
Filed — closed without being enacted.
Official record · Legistar
Agenda: 2016-03-09Passed: 2017-12-31
Summary
This local law would require the Department of Housing Preservation and Development (HPD) to report to the Council on the average sale price of Housing Development Fund Company units sold within each Community Board District.
Committee on Housing and Buildings — Department of Housing Preservation and Development, Department of Buildings and rent regulation.
How it compares
20% of similar bills passed
10 passed · 40 died
This bill: 662 days in committee
Similar bills: median 663 days · 548 days when passed
Compared against 50 Introduction bills in Committee on Housing and Buildings.
Ranked by how closely each matches this bill's topic — closest first:
Int 0248-2018
Requiring increased transparency regarding the sale of housing development fund company units.
1430dFiled
Int 0327-2022
Requiring increased transparency regarding the sale of housing development fund company units.
605dFiled
Int 0572-2024
Requiring increased transparency regarding the sale of housing development fund company units.
664dFiled
Int 0059-2018
Required disclosures by persons making buyout offers.
460dEnacted
Int 1104-2016
Requiring transparency regarding the tax arrears and housing maintenance code violations of housing development fund companies.
662dFiled
Int 0942-2015
Increasing transparency regarding city financial assistance provided to developers.
747dEnacted
+ 44 more comparable bills
Sponsors (6)
Lifecycle
IntroducedIntroduced by Council
2016-03-09 · City Council
ActionReferred to Comm by Council
2016-03-09 · City Council
ClosedFiled (End of Session)
2017-12-31 · City Council
Heard at (2)
Committee on Housing and Buildings · 2017-04-04 · 10:00 AM · 250 Broadway - Committee Rm, 16th Fl.
City Council · 2016-03-09 · 12:00 PM · Council Chambers - City Hall
Attachments (2)
Full text
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 12 to read as follows:
CHAPTER 12
HOUSING DEVELOPMENT FUND COMPANIES
� 26-1201 Definitions.
� 26-1202 Sales.
� 26-1201 Definitions. For the purposes of this chapter:
Department. The term "department" means the department of housing preservation and development.
Housing development fund company. The term "housing development fund company" means housing development fund company as defined by subdivision 8 of the private housing finance law.
� 26-1202 Sales. By no later than June 1 of each year, the department shall report to the council on the average sale price of housing development fund company units sold within each community board district where a housing development fund company unit exists, in the prior year.
� 2. This local law takes effect 90 days after it becomes law, except that the commissioner of housing preservation and development shall take such measures as are necessary for its implementation, including the promulgation of rules, before such effective date.
EAA/GP
LS 6328
1/25/2016 9:08 AM
2