A Local Law to amend the administrative code of the city of New York, in relation to the department of housing preservation and development requiring that a percentage of dwelling units in housing development projects receiving city financial assistance be set aside for homeless individuals and families

Summary

The proposed bill would require the Department of Housing and Preservation to require developers who receive City financial assistance for new construction of housing development projects to set aside for homeless individuals and families at least 15 percent of dwelling units offered for rent in each housing development project. The Department would also be required to annually report to the Mayor and the Speaker the number of units set aside for homeless individuals and families in each housing development project and housing preservation project that has received City financial assistance, as well as whether the project is a supportive housing project.

Official summary of legislation · NYC Council