NYC Council Introduction 362

intro.nyc/0362-2022 2022-2023 Legislative Session
Requiring the department of housing preservation and development to report on the disposition of city property for affordable housing development.
Status: Filed (End of Session) Committee on Housing and Buildings
Sponsored by Rafael Salamanca, Jr.
Introduced: May 5, 2022

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.

Sponsors: 9