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What is NYC AC § 26-2202?

Quick Answer

This section mandates the department to create a report detailing a plan for an integrated data tracking system for affordable housing regulatory agreements, including start and expiration dates and affordability requirements. The report is to be submitted to the mayor and city council speaker. Applies to stakeholders involved in affordable housing agreements.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-2202 Tracking system plan.

AC § 26-2202

By no later than April 30, 2019, the department shall submit to the mayor and the speaker of the council, and post publicly on the city's website, a report providing details of a plan for the development of an integrated data tracking system for (i) start dates and expiration dates for all department regulatory agreements containing requirements for affordable housing units to the extent such information is available in the regulatory agreements or department records, (ii) the affordability requirements contained in such regulatory agreements to the extent such information is available in the regulatory agreements or department records, and (iii) a target date for implementation of the plan. (L.L. 2018/136, 7/29/2018, eff. 7/29/2018)

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