§ 630. Transfer of property. 1. NYCHA, acting by NYCHA board\nresolution and in accordance with a disposition or similar plan approved\nby the United States department of housing and urban development in\naccordance with applicable federal law, which shall include a letter of\napproval from the mayor or a designee of the mayor, may transfer to the\ntrust, with or without consideration and without any further\nauthorization, a leasehold interest in its housing facilities and any\nancillary personal property of such facilities. The aggregate number of\nresidential units transferred to the trust pursuant to this section\nshall not exceed twenty-five thousand. On an annual basis, NYCHA and the\ntrust shall review such limit and, if they determine that such limit\nshould be increased, NYCHA and the trust shall make recommendations to\nthe legislature regarding any such increase.\n 2. Within sixty days of the effective date of this article, NYCHA\nshall issue a set of proposed requirements related to the voting\nprocess. There shall be a comment period for the voting process, and\nthe comment period shall include at least one meeting open to the\npublic. NYCHA shall consider the comments before issuance of the final\nrequirements for the voting process. The comments, and the responses to\nsuch comments, shall be published publicly, including, but not limited\nto, on NYCHA's website. Within one hundred twenty days of the effective\ndate of this article, the final requirements for the voting process,\nwhich may be amended as needed pursuant to the process described in this\nsection, shall be posted. Such voting process requirements shall\ninclude: the minimum requirements for voter outreach that shall occur\nprior to any vote, which shall, at a minimum, conform to the\nrequirements set forth in subdivision five of this section, voting\neligibility, the form, substance, and timing of the voting process, the\nvoting requirements regarding the selection of any other proposed\nmodernization strategy at a housing facility in connection with the\nvoting process, and the criteria by which an option shall be deemed to\nbe accepted or rejected by residents of a particular housing facility\nfor a modernization strategy that addresses the capital needs of such\nhousing facility. The voting process shall ensure that all tenants of\nrecord above the age of eighteen are eligible to vote. The voting\nprocess shall include options to vote in person, by mail, and online.\nThe voting process shall also require a minimum percentage of tenants of\nrecord at such housing facility to participate in the voting process for\nsuch voting process to be valid. The voting process shall also include,\nbut shall not be limited to, the ability of residents at a particular\nhousing facility to reject the options proposed for such housing\nfacility submitted as part of the voting process. If all options are\nrejected at a particular housing facility, none of the proposed options\nshall be implemented at such housing facility until another vote is\nundertaken at such housing facility. NYCHA shall comply with a vote to\naccept or reject any such options. The trust shall not transfer, convey,\nassign, mortgage, pledge or otherwise encumber any interest in, or\npermit or suffer any transfer, conveyance, assignment, mortgage, pledge\nor other encumbrance of any interest in such housing facility, or any\npart thereof, prior to the posting of the final requirements for the\nvoting process, prior to the completed vote at such housing facility\napproving such option, and prior to the satisfaction of applicable\nfederal law and regulations. NYCHA shall not transfer, convey, assign,\nmortgage, or pledge to the trust, or permit or suffer any transfer,\nconveyance, assignment, mortgage, or pledge to the trust any interest in\nsuch housing facility, or any part thereof, prior to the posting of the\nfinal requirements for the voting process, prior to the completed vote\nat such ho
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