SB 4937

State Land Use Enacted Legislation

Bill #	State	Year	Party	Topic
SB 4937	NY	2022	D	Affordable housing incentives and financing, Commercial land

Provided by Furman

Summary

Allows dwellings that are authorized as Class B hotels to also be authorized as dwellings for permanent residences.
Requires that for occupancy of Class B hotels for permanent residence:

Such occupancy shall be subject to the approval of the local housing agency.
A portion of the dwelling shall be located within a district zoned for residential uses and is not located in an industrial business zone.
For hotels with workers represented by a collective bargaining representative the representative must be notified and agree to the conversion.
Units must be financed by the state or purchased, acquired or financed by a local housing agency for the purposes of creating supportive and/or permanently affordable housing to be operated by a nonprofit organization to serve low-income households or people experiencing homelessness.

Defines low-income as households earning no more than sixty percent of the area median income.

Provided by lawmakers

Bill Title

Relates to authorizing any dwelling with a certificate authorizing occupancy as a Class B hotel to also authorize occupancy of such units in such dwelling for permanent residence purposes