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NYC Administrative Code

§ 26-808 — Long term affordability.

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What is NYC AC § 26-808?

Quick Answer

This section mandates that a tenant association or qualified entity that exercises rights under sections 26-805 or 26-806 must ensure that assisted rental housing remains affordable. Applies to tenant associations and qualified entities involved in maintaining affordable housing.

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

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§ 26-808 Long term affordability.

AC § 26-808

A tenant association, or if applicable, a qualified entity, including all successors in interest, which chooses to exercise the rights provided for in section 26-805 or section 26-806 of this chapter will be obligated to maintain the assisted rental housing as affordable. Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2005/079.

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