Bill > A05905

This bill amends the real property tax law to require that affordable housing units be equally and proportionally distributed throughout building projects, ensuring they are not concentrated in specific areas like certain floors or buildings. The bill mandates that affordable units must have the same access to common spaces, amenities, and building entrances as market-rate units. For cities with populations over one million (which would primarily apply to New York City), the city council can waive these distribution requirements by a majority vote. Additionally, any projects completed before the bill's effective date must still comply with the equal access provisions. The bill takes effect immediately and applies to construction projects that are ongoing at the time of enactment. The key goal is to prevent the segregation of affordable housing units within mixed-income developments, promoting more integrated and equitable housing opportunities.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A5905