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S 9674 New York Senate · 2025 Regular Session

Authorizes cities and towns, except New York city, to establish community housing funds

Summary
Authorizes cities and towns, except a city with a population of one million or more, to establish community housing funds; authorizes such cities and towns to impose a real estate transfer tax with revenues to be deposited in such funds; makes related provisions.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill authorizes cities to impose a real estate transfer tax to fund community housing, directly increasing revenue for essential public services.85% confidence ✓ HousingSupports HousingBill authorizes cities to establish community housing funds via real estate transfer taxes, directly funding affordable housing initiatives.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2026
Committee Review
Floor Vote
Governor
Introduced Apr 1, 2026 Last action Apr 1, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Apr 1, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of April Baskin
April Baskin
DDemocratic
NY
63