New Paltz Village, N.Y., Code of Ordinances ch. 132 (eCode360 ed. 2026) § 132-4
Income eligibility
Operative Text
A. To qualify for rental housing, family income must be at or below 60% of the Ulster County median income adjusted for family size. To qualify for purchased housing, family income must be at or below 100% of the Ulster County median income adjusted for family size. B. The Housing Board shall require complete disclosure of all income and assets. Family income shall include the gross income from all sources for all family members, utilizing the latest federal income tax returns, in addition to full disclosure of assets. Non-income-producing assets may be assigned an income-producing value and deemed income by the Housing Board. Complete disclosure of income and assets is to be made on forms and/or applications provided by the Housing Board. Full income and asset disclosure is the responsibility of the applicant and is to be provided to the Housing Board with a notarized certification of accuracy and completeness of all information provided. C. For the purposes of these regulations, "family" shall be defined as it is applied by HUD at the time of the application submission. D. For the purposes of these regulations, family income shall exclude any earned income from a minor or full-time student, up to a maximum of $5,000. E. Applicants for AH rental units referred to in this section shall, if eligible and if certified for occupancy by the Housing Board, sign leases for a term of no more than two years. F. In the case of an owner-occupied AH unit, title to said property shall be restricted so that in the event of any resale by the owner or any successor, the resale price shall not exceed the then-maximum sales price for said AH unit, regardless of improvement or condition. G. All personal and financial information submitted by applicants shall be kept confidential by the Village and shall not be subject to disclosure under New York's Freedom of Information Law. Disclosure of such information shall only be made pursuant to the laws, rules and regulations of any local, federal or state agency having jurisdiction over affordable housing matters or by a so-ordered subpoena issued by a court of competent jurisdiction.
New Paltz Village Code ch. 132 § 132-4 establishes income eligibility thresholds and disclosure requirements for affordable housing (AH) units in the village. Renters must have family income at or below 60% of the Ulster County median income (adjusted for family size), while buyers must be at or below 100% of that median. The Housing Board oversees a comprehensive income and asset verification process, and all personal and financial information submitted by applicants is kept confidential and is not subject to disclosure under New York's Freedom of Information Law.
Plain English — not legal advice.
Under New Paltz Village Code ch. 132 § 132-4, operators of affordable housing units work in coordination with the Housing Board to verify that prospective tenants or buyers meet the applicable income thresholds before occupancy is certified. Compliant operators ensure that applicants complete the Housing Board's official forms, submit notarized certifications of accuracy, and provide documentation such as federal income tax returns. Lease terms for AH rental units are capped at two years, and owner-occupied AH units carry resale price restrictions that run with the property regardless of improvements or condition.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 132-4 of the New Paltz Village Code sets out the income limits and disclosure steps that determine whether a household qualifies for an affordable housing unit in the village. Applicants should be aware that the Housing Board may assign an income-producing value to non-income-producing assets, and that earned income from minors or full-time students is excluded from family income calculations up to $5,000. Personal and financial information submitted during the application process is protected from public disclosure under this provision; tenants or applicants who believe their eligibility was improperly assessed or their confidential information was mishandled may wish to contact the Housing Board directly or consult a tenant-rights organization familiar with New York affordable housing regulations.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 9, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
References Out
No outbound references recorded yet for this provision.
References In
Rules and statutes that cite this regulation