Housing (Affordable Housing)

Establishes a housing task force addressing affordable housing for millennials in suburban counties to provide a continuing forum to discuss concerns and issues related to the formulation of state policy designed to help address this issue.

Enacts the "sustainable affordable housing and sprawl prevention act"; exempts or limits environmental review under SEQR for the construction of certain new residential units to avoid creating unnecessary housing sprawl; limits certain rights to action under SEQR; makes related provisions.

This bill requires local social services districts to set shelter allowances at up to 100% of the U.S. Department of Housing and Urban Development's (HUD) fair market rent (FMR) for a recipient's unit size in their district. It directly affects low-income housing recipients who receive shelter assistance through local social services districts. The key provision mandates that allowances cover the recipient's actual rent obligation, capped at HUD's current FMR for their specific area and unit size. This change ensures assistance aligns with local rental market rates rather than fixed or lower rates. The bill takes effect 30 days after enactment.

Establishes a housing infrastructure tax credit to provide a credit of up to ten percent of costs for infrastructure projects related to the construction of new homes or multiple dwellings commenced and completed within a specific time period.

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.