[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},"mediaId",6642085,"mediaKeyId","3378923-b830ac800560952b87c956d502f3d040","parentId",3378923,"title","Committee advances bill extending shelter-rent tax reduction to Article 5 cooperatives","audioSeconds",0,"startMs",733000,"endMs","viewUrl","/Search/View?dp=1&key=3378923-b830ac800560952b87c956d502f3d040&start=733&end=733","thumbnailUrl","https://assets.pipeline.soar.com/3378923-b830ac800560952b87c956d502f3d040/thumbnail_733000.jpg","articleUrl","/articles/6642085/New-York/Committee-advances-bill-extending-shelter-rent-tax-reduction-to-Article-5-cooperatives","mediaUrl","https://secure.pipeline.soar.com/6642085-a4cbd66f49c351eba138cf492d66c8cc/orig.mp4?Expires=1775870040&Signature=UPi8YzhLi5ZkXghdUDus4cuMU-nM-TF~k0O-1yVlyRUDFBg1fN0lTt~qXhJK4vAUK8tUdnasE5aKRChWUXDmfczxujtStORPf6aysLdLITRJHue~3i37cnlIK~vlrsTMFBV~mZlw7frFlEjWVfZ7SFID8RSK5n0k7g9EDf2fq~1~UJp8tJ5mVuCITlrdDhFAYyYdCIYQJZoWRiH0~lOs6-xC65zl3cfxfsvVMhYAPbkKzGQB8rs1aGI20r6Vi9wBkyKa~kn~kFQrNdcrWCfRG8Pl0GFnVwOuDrL4X-s3Zl3HPXXkukdurvyus~Ku3WUKkPav2aebx670IG0ArFzcgg__&Key-Pair-Id=KUT5TJCACFTXG","author","New York Legislature","date","2025-05-19T15:34:32Z","article","The New York State Senate Committee on Housing, Construction and Community Development reported S 77 80 a, a measure described in the transcript as sponsored by Royalman Segal, which would amend the Private Housing Finance Law to extend a reduced shelter-rent tax treatment to specified Article 5 cooperative developments that are similar to Mitchell-Lama housing.

Committee members said the bill mirrors a provision included in the enacted budget that reduced the tax on shelter rent from 10% to 5% in New York City and authorized other localities to adopt the same reduced rate by local resolution. The sponsor and other senators explained that Article 5 cooperatives are limited-equity, subsidized developments that predate Mitchell-Lama and are supervised by housing agencies; by extending the budget change to those developments, the bill would make their tax treatment consistent with the budget provision.

Members asked whether Article 5 coops have affordability requirements and how the structure of the tax operates; staff and other senators explained that the shelter-rent tax is not a typical property tax but a payment structure that takes a portion of shelter rent revenue after allowable expense deductions. The transcript records that senators moved and seconded a motion to report the bill, and the committee chair announced the bill was reported; the excerpt contains no roll-call details or negative votes.

The committee did not specify a budgetary cost in the excerpt. Lawmakers characterized the change as conforming a small set of limited-equity cooperative developments to the budget treatment already enacted for similar affordable-housing stock.","mediaType","Video","parentTitle","Senate Standing Committee on Housing, Construction and Community Development - 05/19/2025","oneSentenceSummary","The committee reported S 77 80 a, a bill to extend the shelter-rent tax reduction enacted in the budget to certain Article 5 cooperatives, bringing them under the same 5% tax treatment afforded to Mitchell-Lama developments in New York City and giving localities the option to adopt the lower rate.","taxTitle","2025 Legislature NY, New York","taxId",77685,"location","New York","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_46":81,"_48":82,"_50":83,"_52":84,"_54":55,"_56":57,"_58":85,"_60":61,"_62":63,"_64":86,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},6642090,"Senate committee backs Manufactured Home Community Preservation Act, questions mortgage-insurance funding",716,154000,870000,"/Search/View?dp=1&key=3378923-b830ac800560952b87c956d502f3d040&start=154&end=870","https://assets.pipeline.soar.com/3378923-b830ac800560952b87c956d502f3d040/thumbnail_154000.jpg","/articles/6642090/New-York/Senate-committee-backs-Manufactured-Home-Community-Preservation-Act-questions-mortgage-insurance-funding","https://secure.pipeline.soar.com/6642090-f230799aaf44168845025fd0ecf0b518/orig.mp4?Expires=1775870040&Signature=P2B3~a9XI67LMEbRwKjmCuFfHAn9ZjU0T3iV7YrmKau05gdxs95WuRXlE0XtOTjEwxhm8hKaXMtICqG~rjqhwZsYI3Nu-95HENB07CCiTvfZZoV9BlT9~G6kPIuSOQzep55zsGTnb3m49ZBBODxmTQZvx9LUywm0Cxiols4gW9S42yuxDnsbxJSlwPp-akQiQJb8t893MPoVlMwL5Uq7jXrWfdo5pods20Z6cK-6XVsq8PCFiSlFs4VUqtQ-bTOp3XiqYaEsUit1lTANfiIGcrg3hcMtg-ysYGXP2hj855XWHOuMOiCY0WmWSwR68ls3m5gEIu8IJGDE2mjEYZRP~g__&Key-Pair-Id=KUT5TJCACFTXG","The New York State Senate Committee on Housing, Construction and Community Development reported S 38 35, a bill sponsored in the transcript as Senator Hinchey, that would establish the Manufactured Home Community Preservation Act and amend the Public Authorities Law to direct distributions from the mortgage insurance fund to support manufactured-home community preservation.

Committee members spent the longest portion of the meeting discussing how the proposed program would be funded and whether it would draw money from existing housing programs. The transcript records questions from multiple senators about the mortgage insurance fund’s revenue sources and current appropriations; committee staff in the meeting confirmed that the mortgage insurance fund is supported by mortgage-related fees and premiums and that the enacted budget did not cut the program identified in the transcript as \"Sunny May.\" Staff also explained that existing carve-outs in the fund include $18,800,000 for the Neighborhood Preservation Program and $8,050,000 for the Rural Preservation Program and that, as described during budget negotiations, the fund is treated as a pot of money used for a variety of housing purposes.

Proponents in the committee described the bill as a response to an increase in sales of manufactured-home park land, which they said has left many homeowners—who typically own structures but not the underlying land—at risk of displacement when a park’s land is sold or when owners seek large rent increases. The transcript includes a committee member remarking that \"private equity firms started making cash offers for the property at very large amounts,\" and that New York has about 190,000 households living in manufactured mobile homes, most of them in rural or small-village settings.

Committee members clarified that the bill would create a mechanism to review financial needs and to permit transfers of development rights so parks might be sold to local governments or homeowner associations; the bill itself does not appropriate a fixed dollar amount. As the sponsor and other senators noted in the meeting, the legislation would authorize the state to create subsidy programs through the budget process but would not by itself obligate a specific appropriation.

The committee moved and seconded a motion to report the bill to the Finance Committee; no negative votes were recorded in the excerpt and the chair announced the bill was reported.

The discussion made clear the bill seeks to address displacement of manufactured-home residents but leaves key questions about program funding and the size of any future appropriation to budget negotiations and to subsequent implementation steps by housing agencies.","The committee reported S 38 35, a bill to establish a Manufactured Home Community Preservation Act and change distribution rules for the mortgage insurance fund; lawmakers questioned how the program would be funded and staff clarified the mortgage insurance fund’s revenue sources and carve-outs.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_46":93,"_48":94,"_50":95,"_52":96,"_54":55,"_56":57,"_58":97,"_60":61,"_62":63,"_64":98,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},6642095,"Senate housing committee reports bill clarifying marshal eviction-notice service",82,112000,194000,"/Search/View?dp=1&key=3378923-b830ac800560952b87c956d502f3d040&start=112&end=194","https://assets.pipeline.soar.com/3378923-b830ac800560952b87c956d502f3d040/thumbnail_112000.jpg","/articles/6642095/New-York/Senate-housing-committee-reports-bill-clarifying-marshal-eviction-notice-service","https://secure.pipeline.soar.com/6642095-ddeb23785ac45cf5a2287f4fa69370dd/orig.mp4?Expires=1775870040&Signature=FobQfK915VEpNqSTO8nczBjgc7rtGqHSRwSSNakDen0CIqXRJx-gERaIfeIebPXehTiYH0aVtvJOJjEzZ1fKSpQ6kUSJqO3q1w-ENInQFwUzndGEBIr0C6XkQ0n7RomzsPLYbXLOru2GDcT7uDx9K75d3ejlCqIANxTbxY1kyZjwmJAJKpwVgHH-WoXGQvyWjUf6JWJ~IaSJ1PWrwwyZGTkFl7EKuqrqgAdao7yohdT8xwhH1vDYdi5UVKESCUjWuCydtoTMD8LQJfemLrMwOrjPo~ONv~fFKOXPpp2ZMCufGdm0W1PKzm80cL8qWClsC35a72BBae-GVCDf9zAIGw__&Key-Pair-Id=KUT5TJCACFTXG","The New York State Senate Committee on Housing, Construction and Community Development on Jan. 1, 2025, reported S 30 43 a, a bill sponsored in the transcript as Senator Hoylman Siegel, that would amend the Real Property Actions and Proceedings Law to clarify compliance by New York City marshals with filing and service requirements for eviction notices.

The bill, described to the committee as a technical clarification to a process established by prior legislation, was put forward for a motion to report to the floor and advanced by voice vote. Committee Chair Brian Kavanaugh announced the motion, and the committee proceeded without extended debate.

Committee members registered procedural positions during the vote. The transcript records an \"AWR\" (aye with reservations) from Senator Hillman and a \"Nay\" recorded for a senator identified in the transcript as Center Volzak; the committee chair then announced that the bill was reported. No further amendments or substantive policy debate on the bill were recorded in the committee transcript excerpt.

The measure as discussed does not change the underlying eviction standard; according to the committee exchange, it clarifies filing and service procedures for marshals in New York City previously established by last year’s legislation. The committee did not specify in the excerpt any implementation timetable or additional funding related to the change.

Votes at the committee meeting produced the formal result that the bill was reported to the floor for further consideration by the full Senate.","The New York State Senate Committee on Housing, Construction and Community Development reported S 30 43 a, a technical amendment to the Real Property Actions and Proceedings Law that clarifies marshal service requirements for eviction notices in New York City.","actionData","errors"]

Article not found

Committee advances bill extending shelter-rent tax reduction to Article 5 cooperatives

Senate committee backs Manufactured Home Community Preservation Act, questions mortgage-insurance funding

Senate housing committee reports bill clarifying marshal eviction-notice service