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S 7939 New York Senate · 2025 Regular Session

Creates an affordable housing insurance relief fund program

Summary
Creates an affordable housing insurance relief fund program to provide grants to eligible projects for reasonable and necessary commercial insurance expenses.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates state budget appropriation for grants to cover housing insurance costs, directly funding affordable housing public service program.90% confidence ✓ HousingSupports HousingCreates grant program for insurance expenses on affordable housing projects, directly funding housing affordability as per bill title and summary.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 14, 2025 Last action Jan 7, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
May 14, 2025
Committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jamaal Bailey
Jamaal Bailey
DDemocratic/Working Families
NY
36
Co
Photo of Julia Salazar
Julia Salazar
DDemocratic/Working Families
NY
18