New York A03203 amends the Emergency Tenant Protection Act to address rent regulation for housing affected by the dissolution of limited-profit.

New York A03203 amends the Emergency Tenant Protection Act of 1974 to address the regulation of rents and evictions for housing accommodations affected by the dissolution of limited-profit housing companies. The bill declares an emergency to prevent tenant hardship and dislocation due to the abrupt termination of rent and eviction regulation. It sets the initial legal regulated rent for affected housing accommodations as the rent charged 180 days prior to the effective date of the bill.

New York A03203 amends the Emergency Tenant Protection Act to address rent regulation for housing affected by the dissolution of limited-profit.

New York A03203 amends the Emergency Tenant Protection Act of 1974 to address the regulation of rents and evictions for housing accommodations affected by the dissolution of limited-profit housing companies. The bill declares an emergency to prevent tenant hardship and dislocation due to the abrupt termination of rent and eviction regulation. It sets the initial legal regulated rent for affected housing accommodations as the rent charged 180 days prior to the effective date of the bill.