Housing (Affordable Housing)

in committee · New York · Senate Jun 10, 2025

S 8178: Increases the amount of funds that may be used per dwelling unit to modernize certain authorities used by the housing trust fund corporation

This bill raises the maximum funding per housing unit from $125,000 to $250,000 for projects funded through New York's Housing Trust Fund Corporation. It directly affects low-income housing developers and projects that rehabilitate or construct affordable housing using these funds. The key change is increasing the per-unit funding cap, allowing more resources for modernizing housing while maintaining existing requirements like a 5% private developer equity investment. The bill does not alter other program rules, such as loan terms (up to 40 years) or geographic allocation limits.

Topics ✓ HousingSupports HousingIncreases per-unit funding cap from $125k to $250k for affordable housing projects via Housing Trust Fund, directly advancing funding for low-income housing development.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

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in committee · New York · Senate Jan 7, 2026

S 576: Establishes a manufactured housing tax credit

Establishes a manufactured housing tax credit which provides for a credit of up to two thousand dollars for each new manufactured home that the taxpayer constructed and for which a certificate of occupancy has been issued on or after January first, two thousand twenty-five and on or before December thirty-first, two thousand thirty-one.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for manufactured housing, offering direct tax relief to homeowners purchasing new homes within specified timeframe.95% confidence ✓ HousingSupports HousingTax credit incentivizes new manufactured home construction (affordable housing type) between 2025-2031, directly funding housing development per support indicators.95% confidence

Sub-Topics Tax Credits Affordable Housing Housing Finance Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 5131: Creates a pilot program to encourage homeownership among persons and groups who are currently underrepresented and/or have seen a marked decline in rates of homeownership

Creates a pilot program to encourage homeownership among persons and groups who are currently underrepresented in homeownership and/or have seen a marked decline in rates of homeownership over the last decade; provides for the repeal of such provisions upon the expiration thereof.

Topics ✓ HousingSupports HousingCreates pilot program to boost homeownership for underrepresented groups, directly advancing affordable housing access through targeted initiative.95% confidence

Sub-Topics Affordable Housing Historic Preservation Homeownership

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passed · New York · Senate Jun 5, 2025

S 1398: Establishes the block by block homeownership program

Establishes the block by block homeownership program to provide capital subsidies for the purpose of constructing, preserving, and rehabilitating one- to two- family dwellings throughout the state, outside of NYC.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state capital subsidies for housing construction/preservation, directly funding a public service program through budget appropriations.90% confidence ✓ HousingSupports HousingProvides capital subsidies for constructing, preserving, and rehabilitating one- to two-family dwellings, directly funding housing development and affordability outside NYC.95% confidence

Sub-Topics Affordable Housing Homeownership

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in committee · New York · Senate Jan 7, 2026

S 1212: Creates a middle income home ownership subsidy program

Creates a middle income home ownership subsidy program to assist persons with an income below the current median income for the city of New York with the purchase of a residence in an urban area.

Topics ✓ HousingSupports HousingBill creates a subsidy program for middle-income homebuyers below median income in NYC, directly increasing affordable housing access through funding.95% confidence

Sub-Topics Affordable Housing Homeownership Housing Finance

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in committee · New York · Senate Jun 2, 2026

S 8267: Establishes a community housing fund in the town of Rochester, county of Ulster

S 8267 establishes a local community housing fund for the Town of Rochester, Ulster County, to increase affordable housing opportunities for residents. The fund provides financial assistance - up to 50% of a home's purchase price - as grants or loans to first-time homebuyers meeting income limits (100% of state mortgage agency thresholds for Ulster County). It uses town revenues like real estate transfer taxes, general fund surpluses, and state/federal grants to support home purchases, new construction, rehabilitation, or rental housing for eligible households. The program specifically targets primary residences (not investment properties) and requires repayment of loans upon home resale.

Topics ✓ Budget & TaxesSupports Budget & TaxesUses town tax revenues (real estate transfer taxes) and surpluses to fund affordable housing program, allocating existing budget resources toward housing needs.90% confidence ✓ HousingSupports HousingEstablishes fund providing up to 50% purchase assistance to first-time homebuyers meeting income limits, directly increasing affordable housing access through grants/loans.95% confidence

Sub-Topics State Budget Affordable Housing Mortgages Renters

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in committee · New York · Senate Jan 7, 2026

S 3219: Creates an affordable housing relief fund program to preserve affordable multifamily residential properties located in New York state

This bill creates a state-funded program to preserve existing affordable multifamily housing in New York. It provides forgivable loans (zero interest, no payments for 10 years) of up to $50,000 per income-restricted unit to property owners with regulatory agreements ensuring 100% affordability. The loans help cover costs like deferred maintenance, emergency repairs, or debt restructuring to prevent properties from becoming unaffordable or vacant. Property owners must maintain affordability terms, and repayment may be required if the property is sold within 10 years or if affordability rules are violated. The program targets properties in financial distress that cannot access other preservation funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesState allocates funds via forgivable loans to preserve affordable housing, directly advancing public service funding under budget management.95% confidence ✓ HousingSupports HousingProvides forgivable loans to preserve affordable housing units by covering maintenance costs, ensuring 100% affordability under regulatory agreements.95% confidence

Sub-Topics Affordable Housing

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in committee · New York · Assembly Jan 7, 2026

A 2187: Provides for calculating the area median income for affordable housing programs in N.Y. city

This bill (A 2187) requires new affordable housing programs in New York City to use the lower of two area median income (AMI) calculations: either the zip code-specific AMI or the broader regional AMI for the program's location. It directly affects developers and housing providers initiating new affordable housing projects after the bill's effective date. The key provision mandates that the program must adopt whichever AMI figure (zip code or regional) results in a lower income threshold, potentially expanding eligibility for affordable housing. This change applies only to new programs, not existing ones, and takes effect immediately upon enactment.

Topics ✓ HousingSupports HousingMandates use of lower AMI threshold to expand affordable housing eligibility, increasing access for lower-income households in NYC programs.95% confidence

Sub-Topics Affordable Housing Zoning

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in committee · New York · Senate Jan 7, 2026

S 5674: Establishes the New York State Social Housing Development Authority

Establishes the New York State social housing development authority as a public benefit corporation to increase the supply of permanently affordable housing in the state through the acquisition of land and renovation or rehabilitation of existing real property, and through the construction of new, permanently affordable housing.

Topics ✓ HousingSupports HousingBill establishes authority to increase permanently affordable housing supply through land acquisition, renovation, and new construction, directly advancing affordable housing goals.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Development

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in committee · New York · Assembly Jan 7, 2026

A 6432: Relates to protecting the rights of Mitchell-Lama residents

This bill establishes an independent agency to handle complaints from current and converted Mitchell-Lama residents regarding issues like rent increases, harassment, or unsafe living conditions. It requires state and city housing agencies to verify financial documentation before approving rent hikes or building conversions, and mandates comptroller approval for all rent increases based on verified expenses. The bill also guarantees legal support for tenants in housing court and creates a specialized help desk for self-represented litigants. These changes directly affect Mitchell-Lama residents, building owners, co-op boards, and state/local housing agencies overseeing affordable housing.

Topics ✓ HousingSupports HousingCreates tenant protections via complaint agency, rent verification, and legal support for Mitchell-Lama residents, directly strengthening tenant rights in housing.95% confidence

Sub-Topics Affordable Housing Renters Tenant Rights

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