Housing (Historic Preservation)

in committee · New York · Senate Jan 7, 2026

S 3997: Relates to amending the low income housing tax credit eligibility requirements

Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends tax credit eligibility to target lower-income housing, directing tax benefits toward affordable housing programs for residents at 125% AMI.92% confidence ✓ HousingSupports HousingMandates 60% of LIHTC units be rent-restricted for households at 125% AMI, directly expanding affordable housing access through tax credit requirements.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance

Track

in committee · New York · Assembly Jan 7, 2026

A 6695: Relates to amending the low income housing tax credit eligibility requirements

Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesAmends tax credit eligibility to require 60% rent-restricted units for low-income households, directing tax incentives toward affordable housing programs.95% confidence ✓ HousingSupports HousingRequires 60% of units to be rent-restricted for ≤125% AMI, strengthening affordability criteria for low-income housing tax credits.92% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Historic Preservation Housing Finance

Track

passed · New York · Senate Apr 13, 2026

S 2707: Requires DHCR to develop a common application and web portal for certain funding, tax credits, loans, and grants for housing development

Requires DHCR to develop a common application and web portal for certain funding, tax credits, loans, and grants for housing; requires such application to be available upon request from relevant state agencies; requires such web portal to be manageable by relevant state agencies; makes relevant provisions.

Topics ✓ HousingSupports HousingStreamlines access to housing development funding via unified portal, advancing housing program efficiency and accessibility90% confidence

Sub-Topics Affordable Housing Historic Preservation Housing Finance

Track

in committee · New York · Senate Jan 7, 2026

S 7181: Authorizes study of housing programs for low and middle income families

Authorizes the state division of housing and community renewal to study housing programs for low and middle income families; provides for a moratorium on the voluntary dissolution of limited profit, limited dividend and redevelopment housing companies.

Topics ✓ HousingSupports HousingMoratorium on dissolving housing companies protects existing affordable housing programs for low/middle-income families, directly advancing housing stability.90% confidence

Sub-Topics Affordable Housing Historic Preservation Housing Finance

Track