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Levy signs co-op housing ownership act
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Suffolk County Executive Steve Levy today is today signing landmark legislation implementing a local law that provides prospective cooperative buyers with protection against discriminatory approval practices.
The Fairness in Cooperative Home Ownership Act requires that cooperative boards provide a written explanation within 45 days if an ownership application is rejected, and provides enforcement power through the Human Rights Commission.
"Cooperative home buyers face a unique set of circumstances that purchasers of single-family homes do not, in that approval is required from the board of directors," said Levy, who authored the legislation. "This law will ensure that no cooperative home purchaser is denied because of their race, perceived race, ethnicity, creed, gender, age, disability or sexual orientation."
The legislation was developed with the support of the Long Island Board of Realtors.
Levy was set to the sign the resolution after the organization's annual Fair Housing and Diversity Conference.
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