§ 10-25 Owner Obligations.
RCNY § 10-25
(a)A preliminary certificate of eligibility and a final certificate of eligibility will be issued in accordance with the requirements of 28 RCNY Chapter 60. An owner has six months from the date of issuance of the preliminary certificate of eligibility to complete repairs outlined in the application. Reimbursement for repairs will be limited to the amounts listed in the certified reasonable cost schedule, as such term is defined in 28 RCNY Chapter 60.
(b)After receipt of a final certificate of eligibility from HPD, an owner must enter into a one- or two-year lease, at the option of the tenant, with a household in possession of a shopping letter. (Added City Record 11/16/2023, eff. 12/16/2023)
