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Int 1769-2019

Requiring the dept of housing preservation and development to report on the disposition of city property for affordable housing development.

IntroductionFiledCommittee on Housing and Buildingsintroduced 2019-10-17

Filed — closed without being enacted.

Official record · Legistar

Agenda: 2019-10-17Passed: 2021-12-31

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.

Committee on Housing and BuildingsDepartment of Housing Preservation and Development, Department of Buildings and rent regulation.

How it compares

24% of similar bills passed

12 passed · 38 died

This bill: 805 days in committee

Similar bills: median 657 days · 436 days when passed

Sponsors (3)

Lifecycle

IntroducedIntroduced by Council
2019-10-17 · City Council
ActionReferred to Comm by Council
2019-10-17 · City Council
ClosedFiled (End of Session)
2021-12-31 · City Council

Heard at (1)

City Council · 2019-10-17 · 1:30 PM · Council Chambers - City Hall

Attachments (7)

Full text
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 1 1