§ 28-05 Projects.
RCNY § 28-05
(a)EDA. The agency shall negotiate with each conditionally designated community group concerning the terms of the EDA pursuant to which such community group will perform one or more projects. Such negotiation shall continue until either the community group's conditional designation is terminated pursuant to these rules or an EDA is executed by the city and the community group. The city and the agency shall not disburse any syndication funds from the escrow account to the community group for any project until the city and the community group have executed an EDA in form approved by the law department and in form and substance acceptable to the agency. Each disbursement of syndication funds from the escrow account to a community group for a project shall be made in accordance with such EDA. The agency shall not be obligated to disburse any funds pursuant to an EDA beyond those syndication funds received from the developer of the applicable development.
(b)Scope of work. Each EDA shall include a scope of work describing the project in form and substance satisfactory to the agency. Such scope of work shall include, without limitation, a detailed description of the eligible activities to be performed with the syndication funds, and timetables for commencement, progress, and completion of the project.
(c)Eligible activities. The eligible activities to be included in the scope of work of any EDA may include, but shall not be limited to, the following: (1) Project activities: (i) Acquisition, rehabilitation (including all costs of maintenance and operation of occupied residential buildings during rehabilitation), and/or construction of housing accommodations and/or community facilities.
(ii)Rehabilitation or repair of city-owned occupied residential buildings.
(iii)Community improvements, including, but not limited to, (A) demolition or resealing and securing of buildings in accordance with an area improvement plan or housing strategy, (B) development and/or maintenance of permanent site improvement projects, (C) facade and street improvements, and (D) development, enhancement or maintenance of new or existing community facilities or open spaces.
(iv)Landlord/tenant activities, including, but not limited to, (A) tenant organizing, education and counseling, (B) negotiations and mediations of landlord-tenant disputes, (C) landlord-tenant referral services.
(2)Related administrative costs. Not more than twenty percent (20%) of the syndication funds disbursed to a community group shall be used for administrative expenses incurred by the community group in connection with the project, including, but not limited to, (i) salaries for staff who provide services which are particular to the project, (ii) consultant fees, (iii) office supplies, (iv) rent, (v) insurance, (vi) other costs directly related to the performance of the project.
(3)Other approved use. The agency may approve any other use of syndication funds which is consistent with these rules, even though such use is not listed in 28 RCNY § 28-05(c)(1) or (c)(2).
