Int 0248-2018
Requiring increased transparency regarding the sale of housing development fund company units.
IntroductionFiledCommittee on Housing and Buildingsintroduced 2018-01-31
Filed — closed without being enacted.
Official record · Legistar
Agenda: 2018-01-31Passed: 2021-12-31
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: 1430 days in committee
Similar bills: median 662 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 1113-2016
Requiring increased transparency regarding the sale of housing development fund company units.
662dFiled
Int 0572-2024
Requiring increased transparency regarding the sale of housing development fund company units.
664dFiled
Int 0327-2022
Requiring increased transparency regarding the sale of housing development fund company units.
605dFiled
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 (1)
Lifecycle
IntroducedIntroduced by Council
2018-01-31 · City Council
ActionReferred to Comm by Council
2018-01-31 · City Council
ClosedFiled (End of Session)
2021-12-31 · City Council
Heard at (1)
City Council · 2018-01-31 · 1:30 PM · Council Chambers - City Hall
Attachments (5)
- Summary of Int. No. 248
- Int. No. 248
- January 31, 2018 - Stated Meeting Agenda
- Hearing Transcript - Stated Meeting 01-31-2018
- Minutes of the Stated Meeting - January 31, 2018
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 21 to read as follows:
CHAPTER 21
HOUSING DEVELOPMENT FUND COMPANIES
� 26-2101 Definitions.
� 26-2102 Sales.
� 26-2101 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.
� 26-1802 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 120 days after it becomes law, except that the commissioner of housing preservation and development may take such measures as are necessary for its implementation, including the promulgation of rules, before such effective date.
EAA/GP/MPC
LS 327
LS 6328/Int. No. 1113-2016
12/6/17 10:09am
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