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Division of Housing and Community Renewal: Physical and Financial Conditions at Selected Mitchell-Lama Developments in New York City
… Objectives To determine whether tenants living in Mitchell-Lama developments supervised by Homes and … The Mitchell-Lama Housing program (Program) was created in 1955 by the Limited Profit Housing Act, to provide … over 105,000 apartments, were built under the Program. In exchange for low-interest mortgage loans and real property …
https://www.osc.ny.gov/state-agencies/audits/2023/06/15/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellDiNapoli: Weak Oversight Leads to Tax Breaks for Ineligible Properties
… aspects of DEC’s oversight of the 480a program, starting with poor monitoring and enforcement that undermined the … in the program and found 45 (33%) were not in compliance with its requirements and may have improperly received the … Auditors found the absence of such a database, along with administrative inefficiencies and insufficient staffing …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-weak-oversight-leads-tax-breaks-ineligible-propertiesOpinion 88-71
… us that the unpaid water rents have not yet been relevied with the city taxes. You inquire whether the city, in the … Law authorizes a city "[t]o contract and be contracted with and to institute, maintain and defend any action or … are not prohibited from settling cases if they act with competent authority, in good faith, and for sufficient …
https://www.osc.ny.gov/legal-opinions/opinion-88-71Opinion 89-11
… or statutory amendments that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Exempt … expend foreign fire insurance tax moneys to rent a room in which to meet, if the meetings are for the purpose of … fire insurance tax moneys "except as otherwise provided in any special law". Sections 9104 and 9105 provide that the …
https://www.osc.ny.gov/legal-opinions/opinion-89-11DiNapoli: Majority of Contracts with Not-For-Profit Organizations Still Approved Late
… were late 61 percent of the time in approving contracts with not-for-profit providers (NFPs) last year, with half of all agencies reporting contracts as late as 90 … contracts were approved late by agencies. The agencies with the highest number of late contracts were the Office of …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-majority-contracts-not-profit-organizations-still-approved-lateEnvironment, Energy and Agriculture – 2023 Financial Condition Report
… of $135.3 million (10.1 percent) from SFY 2021-22, with local assistance spending growing 33 percent … and resilience programs. Has been primarily funded with a portion of the State’s real estate transfer tax. … Clean Air, and Green Jobs Environmental Bond Act of 2022.” With nearly 68 percent of voters who voted on the ballot …
https://www.osc.ny.gov/reports/finance/2023-fcr/environment-energy-and-agricultureState Comptroller DiNapoli Releases Municipal Audits
… or deposit fees totaling approximately $3,000 within three business days of being collected for total daily aggregate … provided for our review. As a result, auditors could not confirm whether they were for a valid and legal town purpose. …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: NYC’s Solid Housing Growth at Risk As Permits Fall
… have led to a growth in supply that outpaced that of the state, but a drop in permits suggests slower growth may … part of that review, greater information is needed on just how much of the housing being added is affordable to low- and … York City: Housing (Jan. 2024) Residential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities (Sept. …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-nycs-solid-housing-growth-risk-permits-fallXI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… part of the needs evaluation and can play a crucial role in the decision making process. Sections 160.5 and 160.6 of … but is not limited to, when applicable and when specified in the solicitation, delivery charges, installation charges and other costs. METHODS OF ACQUISITION In the determination of need, a decision must be made as to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… made by the New York State Common Retirement Fund’s (Fund) In-State Private Equity Program. The Fund recently invested in Ambrell through the Hamilton Lane’s Hudson River … of industry sectors and businesses. www.trillium-group.com … State Comptroller Thomas P DiNapoli today toured …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundDiNapoli Releases Analysis of Executive Budget
… in the coming fiscal year is projected at $168.2 billion, with more than one in every three dollars supported by …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-releases-analysis-executive-budgetComptroller DiNapoli and A.G. Underwood Announce Guilty Plea of Queens Pharmacy Owner for $1.5 Million Medicaid Fraud Scheme
… Comptroller DiNapoli said. "Thanks to our partnership with the Attorney General’s Office, Goldin has been … months incarceration, five years’ probation, and, along with Value, will be required to pay $1.5 million as … was located in Corona, Queens, had a kickback arrangement with a former employee of Nassau University Medical Center …
https://www.osc.ny.gov/press/releases/2018/06/comptroller-dinapoli-and-ag-underwood-announce-guilty-plea-queens-pharmacy-owner-15-million-medicaidDiNapoli: Energy Companies Agree to Report on Impact of Paris Agreement Goals
… (Fund) has withdrawn the shareholder requests it had filed with DTE Energy, Dominion Energy and Southwestern Energy. … this new reality. We will continue to monitor and engage with these companies as they report on their efforts to … investments across asset classes, including: $400 million with Generation Asset Management; $300 million with the …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-energy-companies-agree-report-impact-paris-agreement-goalsDiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… one-third of this was replaced with borrowed funds, $507.2 million, or nearly 15 percent of total appropriations … Average annual disbursements are projected to be $242.4 million over the six years ending in SFY 2022-23. Based on … fiscal year that ended March 31, 2017. Of this, some $2.6 billion had been spent on environmental protection, parks …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentOpinion 92-5
… supersede those prior opinions to the extent inconsistent with the analysis and conclusion herein. It is a …
https://www.osc.ny.gov/legal-opinions/opinion-92-5Opinion 92-42
… §1; TOWN LAW, §64(2-a): A town may enter into an agreement with the owner of a parking lot pursuant to which the town … other consideration provided by the town, is commensurate with the value of the benefit received by the town under the … lease. You ask whether a town may enter into an agreement with the owner of a parking lot to permit the town to use a …
https://www.osc.ny.gov/legal-opinions/opinion-92-42Opinion 96-16
… necessary to be set aside in the reserve fund, together with any other remaining moneys of the district, must be … in the proposition ( id .). If the proposition is silent with respect to the distribution of excess proceeds, then the … purposes only and is not a recommendation of this Office with respect to any particular measure. May 24, 2000 Gerald …
https://www.osc.ny.gov/legal-opinions/opinion-96-16DiNapoli: NYC Has Recovered Nearly All Private Sector Jobs Unevenly Across Sectors
… level in 2019. Workers continue to return to the office, with the latest data showing an office occupancy rate of …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-has-recovered-nearly-all-private-sector-jobs-unevenly-across-sectorsOversight of New York State Forest Tax Programs
… and landowners are adhering to requirements to assist in the protection of the environmental benefits of the … of both healthy forests and a stable forest economy, in 1974 New York enacted Real Property Tax Law 480a – a tax … qualifying private forest landowners. Forest land enrolled in the 480a Program receives an annual property tax exemption …
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsDiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… the challenges that lie ahead. The full op-ed is below: In the last 20 years, New York City has had to recover from a … the only certainty is that the city will face uncertainty in the months and years to come. Predicting the city’s fiscal … could deliver basic services, leveraging nearly $4 billion in reserves to maintain budget balance at the beginning of …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-ahead