Requires NYCHA to provide information and trainings to residents regarding resident management corporations

2025 Regular Session Introduced by Cordell Cleare

Creates resident management corporations (RMCs) in NYCHA housing with elected boards, by-laws, and resident approval, supported by $2 million for startup and training.

PRINT NUMBER 9723A

Summary of Bill S. 9723 (2025-2026) – New York

Purpose and intent

Establishes a framework for resident management corporations (RMCs) within New York public housing.

Requires the New York City Housing Authority (NYCHA) to provide information and trainings to residents about forming and operating RMCs.

Allocates state funding to support implementation of these provisions.

Key definitions and structure (new section 402-i)

An RMC is a nonprofit corporation composed of residents of a housing authority.

An RMC may be formed by more than one resident council if:

The resident councils approve its establishment, and
The councils have representation on the RMC board.

An RMC must have:

An elected board of directors with elections at least every three years.
By-laws that include:
Representation requirements for resident council members on the board,
Qualification requirements to run for office,
Election frequency,
Recall procedures,
Optional term limits.
Voting members who are heads of households or other residents aged 18+ on the lease.

Approval process:

If a resident council exists, the RMC requires approval by the resident council board and a majority of residents.
If no resident council exists, a majority of residents in the public housing development must approve the RMC.

An RMC may also serve as the resident council if it meets the statutory requirements.

NYCHA responsibilities

NYCHA must provide information and trainings to all residents about:

How to form an RMC,
The requirements of RMCs,
The potential benefits of creating RMCs.

State funding

The Division of Housing and Community Renewal (DHCR) shall provide NYCHA with $2 million to implement the provisions of this section.

Effective date and regulations

The act takes effect on the 120th day after enactment.

Authorities to adopt or amend rules/regulations necessary to implement the act are granted immediately and may be completed before the effective date.

Administrative history and sponsors

Co-sponsor: Sen. Cordell Cleare.

Latest action: Referred to Housing, Construction and Community Development (April 2, 2026); amended and recommitted (May 11, 2026) for further consideration.

Potential impact and considerations

Expands resident participation in housing governance by creating a formal vehicle (RMC) that can manage certain housing operations if approved by residents and compliant with by-laws.

Requires NYCHA to actively educate residents about governance options, potentially increasing resident engagement and empowerment.

Provides a finite state funding stream ($2 million) to support start-up activities, trainings, and information campaigns.

The measure sets clear governance standards for RMCs, including elections every three years, recall mechanisms, and eligibility criteria for voting members.

Practical implications will depend on how many developments form RMCs, the capacity of resident councils to participate in the approval process, and NYCHA’s effectiveness in delivering trainings.