2021 New York Laws
PVH - Private Housing Finance
Article 31 - Housing Our Neighbors With Dignity Program
1282 - Housing Our Neighbors With Dignity Program.

§  1282. Housing our neighbors with dignity program. 1. Establishment.
Subject to amounts available by appropriation therefor, the  corporation
shall  develop a housing our neighbors with dignity program (hereinafter
referred to as "the program"), which shall provide a mechanism  for  the
state  to  finance  the  acquisition of distressed hotels and commercial
office properties by appropriate nonprofit organizations for the purpose
of maintaining or increasing affordable housing. All affordable  housing
properties  produced  through  this  program  shall  remain  permanently
affordable, and all converted properties in a city with a population  of
one  million  or  more, with the exception of small converted properties
and exempt supportive housing, shall be required to pay building service
employees the applicable prevailing wage pursuant to  subdivision  one-a
of  this  section.  Permanent affordability restrictions shall require a
regulatory agreement with the corporation or  local  housing  agency  or
other  affordability restrictions in recorded documents not specifically
listed in this subdivision, provided the corporation  or  local  housing
agency  determines  that such restrictions are enforceable and likely to
be enforced. Such enforcement measures shall include but not be  limited
to  the  ability  to  cancel  or  transfer  the  regulatory agreement or
property to another entity for violating the terms  of  such  regulatory
agreement,  such as failure to meet the minimum obligations set forth in
this article when such failure is not cured.
  1-a. In a city with a population of one million or more, all  building
service employees employed by an appropriate nonprofit organization at a
converted property or otherwise employed at a converted property that is
not  a  small  converted  property  or  exempt  supportive housing shall
receive at least the applicable prevailing wage in such city for  craft,
trade,  or  occupation  of  such  building  service employee. The fiscal
officer shall have the power to enforce  such  provisions  in  the  same
manner  as  provided  under  subparagraph  (iii)  of  paragraph  (g)  of
subdivision seventeen of section four hundred twenty-one-a of  the  real
property  tax  law. In addition, the fiscal officer shall have the power
to conduct an investigation and hearing and file a determination  as  to
the payment of wages owed by a lessee, owner, successor, or any employer
of building service employees, as provided under subdivisions one, four,
five,  six,  eight  and  nine  of section two hundred thirty-five of the
labor law.
  2. Purpose. The program shall seek to:

(a) Finance the acquisition of distressed hotels and commercial office properties by appropriate nonprofit organizations for the purpose of stabilizing communities and the housing market;

(b) Finance the conversion and rehabilitation of the physical condition of acquired property by appropriate nonprofit organizations in order to enhance the condition of such property for future occupants, such as habitability and environmental sustainability; and

(c) Provide an appropriate, expedient and efficient manner for owners of such distressed properties to transfer ownership to an appropriate nonprofit organization so as to promote the state's interest in the conversion of such properties to new supportive and affordable permanent housing units. 3. Powers. The state may finance the purchase, acquisition and holding by appropriate nonprofit organizations of distressed hotel or commercial office properties in any part of the state, and may take such actions as may be necessary to identify such distressed properties, for the purpose of maintaining or increasing the stock of affordable, stable, quality housing; provided that in the case of a property at which any hotel workers are represented by a collective bargaining representative, prior to the proposed acquisition, the collective bargaining representative shall be notified in writing of the proposed acquisition, and the property owner shall certify prior to the state initiating such acquisition that the collective bargaining representative has mutually agreed in a separate writing with the property owner to take the specific acquisition described in the written notice. 4. Converted properties. All properties converted to affordable housing pursuant to this section shall meet the minimum standards of habitability, safety and quality of life for all established housing. Additional operating expenses shall be met through any combination of subsidies, vouchers, commercial rents, or other sources of income available to the housing provider under the model the non-profit chooses to pursue. All units shall be rent stabilized as defined in this article in localities that have adopted or opted in to the rent stabilization law. At least fifty percent of all converted properties shall be set aside for individuals and families who were experiencing homelessness immediately prior to entering such converted affordable housing. Each unit must contain, at a minimum, a living/sleeping space, private bathroom with bath or shower, and either a full kitchen or a kitchenette with at least a 24-inch refrigerator, sink, cooktop, microwave oven and outlets for countertop appliances. 5. Restrictions. The state shall not, in any case, facilitate the sale or transfer of property unless the state has entered into an agreement with the appropriate nonprofit organization to ensure that any actions necessary to bring the property into compliance with applicable building, safety, health and habitability codes and requirements will be taken before such property is occupied. 6. Tenant protections. Tenants residing in properties converted to affordable housing pursuant to this section shall have full tenancy rights, including all the tenant protections pursuant to rent stabilization as defined in this article in localities that have adopted or opted in to the rent stabilization laws. Tenancy in such affordable housing shall not be restricted on the basis of sexual identity or orientation, gender identity or expression, conviction or arrest record, credit history, credit score, or immigration status.

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