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New York regulations

Title 9 Part 2656

Executive Department

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Compiled text through Sep 15, 2021Register checked through July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)

All 3 displayed sections in this Part carry the same compiled date. Status and warnings stay on each section.

9 NYCRR 2656.1 - Statutory authority

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Dates and status
Compiling agency
Executive Department
Text status
Source receipt
Compiled text through
Sep 15, 2021
Register checked through
July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status
No later Register activity identified in this check.
Source snapshot
Jun 6, 2026

This Part is adopted and promulgated pursuant to the powers granted to the New York State Division of Housing and Community Renewal by Public Housing Law, section 14(a) and Real Property Tax Law, section 581-a.

9 NYCRR 2656.2 - Definitions

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Dates and status
Compiling agency
Executive Department
Text status
Source receipt
Compiled text through
Sep 15, 2021
Register checked through
July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status
No later Register activity identified in this check.
Source snapshot
Jun 6, 2026

As used in this Part:

(a)Residential rental purposes shall mean all permitted uses on residential real property which has the same owner(s).
(b)Regulatory agreement shall mean any agreement, including but not limited to a contract or covenant, between the property owner(s) and the municipal, State or Federal government, or an instrumentality thereof, which requires the property owner(s) to rent at least 20 percent of the residential units to tenants who qualify in accordance with an income test.
(c)Income documentation shall mean the most recent financial statement, independent auditor's report and rent roll for the residential real property or, if the most recent financial statement does not reflect 12 months of occupancy, the most recent operating budget approved by the municipal, State, or Federal government, or instrumentality thereof, that is party to the regulatory agreement.

9 NYCRR 2656.3 - Submission requirements

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Dates and status
Compiling agency
Executive Department
Text status
Source receipt
Compiled text through
Sep 15, 2021
Register checked through
July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status
No later Register activity identified in this check.
Source snapshot
Jun 6, 2026

The property owner(s) shall provide the local assessing unit with a copy of all applicable regulatory agreements and, on an annual basis, income documentation prior to the taxable status date.

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