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§ 26-808 — Long term affordability

New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · NYC Admin. Code § 26-808

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§ 26-808 Long term affordability.

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.