REMARKS
Additional legislation on affordable housing reporting and homeowner rights
0:04:35
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49 sec
Council Member Sanchez introduces two additional pieces of legislation to be discussed during the hearing, focusing on affordable housing transparency and homeowner rights.
- Introduction 850: Requires the Department of Housing Preservation and Development to report on the disposition of city property for affordable housing development
- Resolution 524: Calls on the New York State legislature to pass and the governor to sign legislation providing a right to counsel for homeowners facing foreclosure
- These bills aim to improve transparency in affordable housing development and protect homeowners' rights
Pierina Sanchez
0:04:35
In addition to the basements and ADU legislation, we will also be hearing 2 other pieces of legislation.
0:04:42
Introduction number 850 by council member Rafael Salamanca is in relation to requiring the Department of Housing Preservation and Development to report on the disposition of city property for affordable housing development with the goal of improving transparency on where city finance projects are located and how long financing is taking for these developments.
0:05:01
Finally, resolution number 524 by council member Kevin Riley calls upon New York state the New York state legislature to pass and the governor to sign Assembly Bill 8591, Senate 1709 in relation to legal representation in certain mortgage foreclosure actions.
0:05:17
The resolution calls attention to the need for a statewide right to counsel for homeowners facing foreclosure proceedings.
