Bill > A01262

This bill enacts the "Livable New York Act," a comprehensive legislation aimed at addressing climate change, affordable housing, and employment opportunities for formerly incarcerated individuals. The bill establishes a $3 billion Livable New York Fund with two primary accounts: an energy efficiency transition account and a housing and code enforcement account. The energy efficiency program will help existing housing units transition to high-efficiency electric systems, with a focus on disadvantaged communities and low-income households. The housing development subsidy program will create at least 10,000 new housing units annually, with strict affordability requirements, such as rents set at 40% of area median income and limited to a 2% annual increase. The bill also includes provisions to improve labor programs for incarcerated individuals, ensuring fair wages and workplace protections, and creating job training and employment opportunities. Additionally, the legislation introduces new building energy and emissions limits, requiring buildings to reduce fossil fuel usage by 2030 for smaller buildings and 2035 for larger structures. The bill aims to support climate goals, provide affordable housing, create jobs, and support formerly incarcerated individuals' reintegration into the workforce.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A1262