Int 0861-2024

Be it enacted by the Council as follows: Section 1. Section 22-821 of the administrative code of the city of New York, as added by local law number 222 for the year 2017, is amended by adding new definitions of "community-based organization" and "community benefit" in alphabetical order to read as follows: Community benefit. The term "community benefit" means an initiative, investment or service provided by a person to improve the well-being or quality of life of persons who reside in a neighborhood or area of the city. Community-based organization. The term "community-based organization" means a nonprofit organization that provides services to persons who reside in a neighborhood or area of the city. � 2. Subparagraph (o) of paragraph 2 of subdivision b of section 22-823 of the administrative code of the city of New York, as added by local law number 222 for the year 2017, is amended, and a new subparagraph (p) is added to such paragraph, to read as follows: (o) A statement of compliance indicating whether, during the reporting year, the contracted entity has reduced, cancelled or recaptured assistance provided to a person in connection with such project, and, if so, the total amount of such reductions, cancellations or recaptures, and any penalty assessed and the reasons therefor; and (p) Whether, during such fiscal year, the contracted entity has committed in writing to a community-based organization or other person to provide community benefits for residents of a neighborhood or area of the city affected by the project, and if so: (1) The date of such written commitment; (2) The community-based organization or other person to which the contracted entity has made such commitment; and (3) A summary of the community benefits the contracted entity has committed to provide. � 2. This local law takes effect July 1, 2026 Session 12 ARP LS #13622 4/12/25 2 1