Brooklyn since 2014All five boroughsSame-day response during business hours

What is NYC AC § 26-2204?

Quick Answer

This section mandates an annual review by the department of affordable housing units citywide, specifically focusing on various categories of expiring affordable housing units. The review must be completed by December 31 each year following the implementation of the tracking system. Applies to entities involved in affordable housing management.

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

Michael Nacmias - Founding PartnerMichael Sargo - Partner
From the team atNacmias Law Firm, PLLCBrooklyn-based attorneys representingproperty owners across all five boroughsMeet the team →

§ 26-2204 Annual review.

AC § 26-2204

By no later than December 31 in each year following the implementation of the tracking system required by section 26-2202, the department shall conduct a review of affordable housing units citywide to determine: 1. The number of ELI-AH units that are expiring affordable housing units; 2. The number of VLI-AH units that are expiring affordable housing units; 3. The number of LI-AH units that are expiring affordable housing units; 4. The number of MI-AH units that are expiring affordable housing units; and 5. The number of MIDI-AH units that are expiring affordable housing units. (L.L. 2018/136, 7/29/2018, eff. 7/29/2018)

Common Questions

Our team

Meet the people you will work with

Free case review

Talk to an attorney before you act on NYC code.

Free 15-minute case review with the attorney handling your matter. Same-day response during business hours across all five boroughs — OATH hearings, Housing Court, and real estate closings.

Or email us

[email protected]

An attorney reads every message.

  • Same-day response

    During business hours

  • Direct attorney access

    Same lawyer from intake to close

  • Flat-fee pricing

    On most OATH and closing matters