Establishes the shovel-ready housing program under which certain municipalities, at their option, may pre-authorize parcels of property for the construction of housing; establishes a shovel-ready community tax rebate for taxpayers residing in municipalities that opt-in to the shovel-ready housing program; provides for annual apportionment to municipalities that have certified participation in the shovel-ready housing program.
Provides that a policy of this state should be to increase housing options and opportunities, including but not limited to affordable, and workforce and senior housing.
This bill expands an existing tax credit for farmers to cover the cost of constructing housing for farm workers. It specifically allows farmers to claim the credit for standard construction materials and labor used to build residential housing occupied by workers employed in their farming operations. The change modifies the tax law to include housing construction under the "eligible costs" for the credit, which previously applied only to equipment and production-related property. This directly affects farmers who build housing for their agricultural workforce in New York. The policy change is a straightforward expansion of an existing tax incentive, with no new eligibility requirements beyond the current credit framework.
This bill (S 107) grants tenant associations in "assisted rental housing" (buildings with federal/state rent controls or subsidies) the right to purchase their building before it converts to market-rate housing. Tenant associations representing at least 60% of occupied units can submit a written offer to buy at the property's appraised value within 120 days of a potential sale, before the owner accepts a third-party offer. The bill defines "affordable" as rents not exceeding 30% of household income or prior rent restrictions, and requires the purchase to maintain long-term affordability. It applies specifically to properties participating in programs like Section 8 or HUD-subsidized housing, giving tenants priority to prevent displacement.
Provides that a policy of this state should be to increase housing options and opportunities, including but not limited to affordable, workforce and senior housing.
This bill allows New York City to partner with labor unions representing city employees to finance affordable housing exclusively for those union members. It requires housing units to be occupied by city employees meeting specific criteria: at least one resident must work for the city, live there over half the year, and have combined household income below 125% of the area median income. Leases automatically terminate if residents no longer meet these income or residency requirements. The bill creates a formal mechanism for unions and the city to collaborate on housing projects without conflicting with existing laws. (Summary based on §1154 of the bill text and official abstract.)
This bill halts the voluntary dissolution of urban rental Mitchell-Lama housing companies for five years, preventing these developments from closing and protecting affordable housing for current residents. It also mandates a state study by New York Homes and Community Renewal to examine program preservation, expansion, financing models, income criteria, and geographic planning for Mitchell-Lama housing. The study will produce a preliminary report within two years and a final report with recommendations within four years. These provisions directly affect Mitchell-Lama housing companies, their residents, and future affordable housing policy in New York.
This bill allows New York City to partner with labor unions representing city employees to finance affordable housing exclusively for those workers. It requires housing units to be occupied by city employees earning under 125% of the area median income and residing in the unit more than half the year. Leases must be renewed only if occupants continue meeting these income and residency criteria. The bill takes immediate effect upon enactment.
Establishes a housing project revolving loan program and housing project revolving loan fund to encourage the development of mixed income housing by providing zero-percent interest or low-interest loans.
Relates to veterans' eligibility for public housing; expands eligibility requirements to include veterans of the recent conflicts; requires granting of a preference for public housing to veterans or families of veterans who have a military service connected disability.