NY Priv Hous Fin L § 65-A (2021)
2021 New York Laws PVH - Private Housing Finance Article 3-A - Permanent Housing for Homeless Families 65-A - Permanent Housing Projects for Homeless Families.

§  65-a.  Permanent  housing  projects  for homeless families. 1. Site   identification; initial project description. For each proposed permanent   housing project for homeless families, the city will identify a site  or   sites for development of permanent housing for homeless families. If the   site or sites are proposed to the board for rehabilitation, any building   or  buildings  on  the  site  must be vacant. Prior to any action by the   board, the city must submit to the board an initial project  description   which  sets  forth,  to  the  extent  known,  (a)  a  detailed  physical   description of the property and the number of eligible homeless families   estimated to be served by the project; (b) the  tenant  population  that   will be served by the project and how the project will address the needs   of  these  tenants; (c) a description of other funding sources that will   be used to develop the project, if any; (d) the  category  of  permanent   housing  proposed  to be established; (e) a plan which provides that the   units for eligible homeless families provided under this article will to   the maximum extent practicable be occupied by eligible homeless families   referred from hotels, motels or shelters that  are  regulated  by  title   eighteen  of the official compilation of codes, rules and regulations of   the state of New York; (f) where relevant, information  stating  whether   the  city  intends to convey the project to a not-for-profit corporation   or housing development fund company, and, unless  stated  otherwise,  it   will  be  assumed  that  the  city  will  hold title to the project once   completed;  (g)  a  proposed  development  timetable;  (h)  the   names,   addresses and business background of the principals involved, the nature   of  their fiduciary relationship and their financial relationship, past,   present and future, to the project and to each  other;  (i)  information   regarding  the  operation  of such project and the affordability of such   project for eligible homeless families; and (j) such  other  information   as  the  board  may  require. The board will also require in the project   description  that  the  costs  associated  with  the   construction   or   rehabilitation  of  those portions of projects that are not designed for   occupancy by eligible homeless families are paid for  by  other  funding   programs   or  sources,  and  that  completed  projects  must  meet  all   applicable  city  or  state  codes  governing   such   construction   or   rehabilitation.   With  the  approval  of  the  city,  a  not-for-profit   corporation, housing development fund  company  or  a  person,  firm  or   corporation  that  will  agree to limit its profits or rate of return of   investors in accordance with a formula established or  approved  by  the   agency,  may  submit to the board one or more sites along with a project   description in the form prescribed above.2. After receipt of the initial project description  described  above,   the  board  will review each proposed site and identify those sites that   the  board  finds  suitable  for  construction  or  rehabilitation   for   permanent  housing  for  eligible  homeless  families.  No  site  may be   considered by the board unless the project proposed for  the  site  will   carry  out  the  objectives  of the homeless families plan most recently   submitted to the council  of  the  city  by  the  New  York  city  human   resources administration.  In its review, the board will give preference   to  those projects that will result in the lowest costs per unit, can be   completed in the least amount of time, serve the greatest need for  such   housing  and  also  provide  housing  for occupants who are not eligible   homeless families.3. After it has completed its review, the board shall advise the mayor   of the  city  of  its  recommendations  concerning  the  suitability  of   proposed sites for development as permanent housing for the homeless. No   project  shall  be  undertaken  by  the  agency pursuant to this article   unless the project site has been approved by the advisory board.