Bill > S04702

This bill establishes a housing task force specifically focused on addressing affordable housing challenges for millennials (defined as ages 25 to 35) in suburban counties of New York, particularly Westchester, Nassau, and Suffolk. The task force will consist of 12 members appointed by various state leaders, including representatives from housing, real estate, and mortgage associations, as well as county executives. Its primary responsibilities include facilitating interagency planning, reviewing existing housing initiatives, developing partnerships with housing developers, identifying state resources for affordable housing, and creating a forum to discuss policy solutions. The task force is required to issue comprehensive findings and potential legislative recommendations to state leadership within two years of the act's effective date. A special sub-task force composed of members from Westchester, Nassau, and Suffolk counties will focus specifically on affordable housing in those areas. The task force members will serve without compensation, with the Empire State Development Corporation covering any expenses, and all state agencies are required to provide assistance and data as requested. The bill aims to comprehensively address the housing affordability challenges facing younger adults in New York's suburban regions.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S4702