Proposed Distribution Requirement Amendment for Buildings Receiving Benefits Pursuant to RPTL 421-a(1-15)

Proposed Rules: Closed to Comments

Agency:
Comment By: 
Tuesday, March 13, 2018

HPD’s proposed rule amendment adds an additional ground for waiver of the distribution requirements for the former 421-a program based upon a story containing a single dwelling unit This same additional ground for waiver already is available in the Affordable New York Housing Program for new 421-a benefits and HPD wants to clarify that the waiver is available for eligible buildings receiving benefits under either program.

Public Hearing
Subject: 

HPD’s adopted rules implementing the Affordable New York Housing Program included an additional ground for waiver of the distribution requirements based upon a story containing a single dwelling unit. HPD is now proposing to amend the distribution requirements adopted for the former 421-a program to reflect this same additional ground for waiver and to clarify that the waiver is available for eligible buildings receiving benefits under either program.

Public Hearing Date: 
Tuesday, March 13, 2018 -
11:00am to 12:30pm
Contact: 

No contact

Location: 
HPD
100 Gold Street 9th Floor Room 9P-10
New York, NY 10038