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NY A06935

NY A06935
Authorizes labor unions to work with the city of New York to finance the construction of affordable housing for its members.


summary

Introduced
04/13/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Authorizes labor unions to work with the city of New York to finance the construction of affordable housing for its members.

AI Summary

This bill authorizes labor unions in New York City to partner with the city to finance the construction of affordable housing exclusively for their members. The affordable housing units can only be occupied by city employees, with at least one resident per unit being a city employee and the combined income of all residents being less than 125% of the area median income. The lease or rental agreement for these units cannot be extended or renewed if the occupancy criteria are no longer met.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

referred to housing (on 01/05/2022)

bill text


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