NYC Council Introduction 572

intro.nyc/0572-2024 2024-2025 Legislative Session
Requiring increased transparency regarding the sale of housing development fund company units.
Status: Committee Committee on Housing and Buildings
Sponsored by Gale A. Brewer
Introduced: March 7, 2024

This bill would require the Department of Housing Preservation and Development to submit a report to the Mayor and the Speaker of the Council on the total number of housing development fund company units sold within each community board district, and the average sale price and median sale price of housing development fund company units sold within each community board district.