Housing (Affordable Housing)

in committee · New York · Senate Jan 21, 2026

S 849: Establishes the USDA construction tax credit

Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for USDA mortgage homebuyers, providing tax relief to lower-income households through reduced tax burden on new home construction.95% confidence ✓ HousingSupports HousingTax credit incentivizes construction of homes for USDA mortgage qualifiers, directly advancing affordable housing development through financial incentives.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Housing Finance Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 1791: Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state

Requires out-of-state affordable housing owners to maintain an escrow account for the purpose of financing utility costs, property tax obligations, fire services, and regular maintenance costs for affordable housing rental units located in New York state.

Topics ✓ HousingSupports HousingMandates escrow for maintenance/financing of affordable units, ensuring ongoing affordability and upkeep per bill summary.95% confidence

Sub-Topics Affordable Housing Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 5633: Relates to the definition of construction contracts

Removes residential dwelling units that must be affordable to residents at a specific income level from the definition of "construction contracts" for the purposes of certain provisions of the General Business Law.

Topics ✗ HousingOpposes HousingRemoves affordable housing units from construction contract definition, weakening affordability requirements and opposing housing policy goals.90% confidence ✗ Labor & EmploymentOpposes Labor & EmploymentBill removes affordable housing projects from 'construction contracts' definition, likely exempting them from labor protections (e.g., prevailing wage) that apply to such contracts, weakening worker protections.80% confidence

Sub-Topics Affordable Housing

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in committee · New York · Assembly Apr 16, 2026

A 9255: Establishes the build up New York pilot program and the mass timber for affordable housing program to encourage the use of mass timber in affordable housing retrofits and additions

Establishes the build up New York pilot program to provide grants to eligible municipalities that construct new accessory dwelling unit housing projects built on top of existing buildings that utilize mass timber and serve certain households; establishes the mass timber for affordable housing program to provide tax credits for eligible taxpayers who use mass timber in certain new construction or major retrofits of existing buildings that primarily serve households up to one hundred fifty percent of the area median income; establishes tax credits for mass timber production.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credits for mass timber housing projects and grants for municipal affordable housing initiatives, advancing fiscal support for housing affordability.95% confidence ✓ HousingSupports HousingBill creates grant and tax credit programs specifically for affordable housing retrofits, additions, and new construction using mass timber, directly funding and advancing affordable housing development.95% confidence

Sub-Topics Affordable Housing Zoning

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passed · New York · Senate Feb 26, 2026

S 6274: Relates to preferences under the affordable home ownership development program for veterans with service-related disabilities

Relates to preferences under the affordable home ownership development program for veterans with service-related disabilities; defines "veteran with a service-related disability".

Topics ✓ HousingSupports HousingBill creates preference for veterans with service-related disabilities in affordable home ownership program, advancing access to affordable housing for a vulnerable group.92% confidence ✓ VeteransSupports VeteransBill provides housing preferences for veterans with service-related disabilities, expanding access to affordable home ownership benefits.95% confidence

Sub-Topics Affordable Housing Homeownership Property Development Veteran Employment Veteran Healthcare Veteran Housing

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in committee · New York · Senate Jan 7, 2026

S 631: Makes reclassification of rent controlled dwelling retroactive to time of decrease in income of members of household of dwelling

This bill (S 631) helps rent-controlled tenants with tax abatements who experience a significant income drop. If a household’s combined income decreases by more than 20% after receiving a tax abatement, they can apply to lower their rent to match the original rent-to-income ratio. The adjusted rent can be made retroactive to when the income dropped, but only back to the date of their most recent approved application (not further). It applies specifically to households with rent-controlled units under existing tax abatement programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax relief for lower-income tenants via rent adjustment under tax abatement program when income drops >20%, aligning with tax relief indicators.95% confidence ✓ HousingSupports HousingBill enables rent-controlled tenants with income drops to lower rent to maintain affordability, strengthening tenant protections and preserving affordable housing access.95% confidence

Sub-Topics Tax Incentives Affordable Housing Renters Tenant Rights

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signed · New York · Senate Aug 26, 2025

S 8235: Relates to increasing the bonding authority of the New York city housing development corporation

This bill increases the New York City Housing Development Corporation's borrowing limit from $19 billion to $20 billion for issuing bonds. It directly affects the corporation's ability to fund affordable housing projects across New York City by expanding its financial capacity. The key change is a simple $1 billion increase to the bonding authority, with no other substantive policy shifts.

Topics ✓ HousingSupports HousingIncreases NYC HDC's bonding authority by $1B to fund affordable housing projects, directly expanding financial capacity for housing development.95% confidence

Sub-Topics Affordable Housing Property Development

in committee · New York · Senate Jan 7, 2026

S 3751: Requires educational institutions with an endowment of 10 billion dollars or more to provide a certain percentage of affordable housing units

Requires educational institutions with an endowment of 10 billion dollars or more to incorporate thirty percent affordable housing units in any property owned by such institution that provides any form of housing.

Topics ✓ HousingSupports HousingMandates 30% affordable housing units in new developments by large endowment institutions, directly expanding affordable housing supply as required by bill language.95% confidence

Sub-Topics Affordable Housing

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in committee · New York · Assembly Jan 7, 2026

A 2658: Establishes an affordable housing program

Establishes an affordable housing program to be administered by the division of homes and community renewal which will provide loans or grants to certain property owners; provides that property owners receiving such loans or grants shall rent such property for no more than thirty-three percent of a tenant's income.

Topics ✓ HousingSupports HousingCreates affordable housing program with loans/grants requiring rents ≤33% of tenant income, directly advancing affordability and tenant protections.95% confidence

Sub-Topics Affordable Housing Housing Finance Tenant Rights

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in committee · New York · Senate Jan 7, 2026

S 5541: Includes broadband access in the scoring and ranking criteria of the New York State low-income housing tax credit program

This bill adds broadband access as a scoring factor in New York State's low-income housing tax credit program. It requires housing projects applying for tax credits to commit to using end-to-end fiber-optic broadband infrastructure to receive preference during application evaluation. The change directly affects developers seeking low-income housing tax credits by making fiber broadband access a key consideration in project rankings. The policy update modifies how projects are scored but does not mandate broadband installation, only prioritizing applications that commit to it.

Topics ✓ HousingSupports HousingAdds broadband access as scoring factor in NY low-income housing tax credit program, enhancing infrastructure requirements for affordable housing developments.90% confidence ✓ TechnologySupports TechnologyBill mandates fiber broadband infrastructure for low-income housing tax credits, directly expanding internet access and promoting digital equity in housing projects.95% confidence

Sub-Topics Affordable Housing Historic Preservation Housing Finance Broadband Access Telecommunications

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