· NY legislature · 2025-2026

Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state

Requires out-of-state affordable housing owners to maintain an escrow account for the purpose of financing utility costs, property tax obligations, fire services, and regular maintenance costs for affordable housing rental units located in New York state.

Sponsor

Joe Griffo (R-NY)

Introduced

2025-03-07

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT