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Bill > S06091


NY S06091

NY S06091
Provides a unified funding point advantage for developers creating housing units that provide certain affordable housing which is intended for and dedicated to municipal workers who currently reside in shelters or homeless persons programs.


summary

Introduced
03/05/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public housing law, in relation to providing a unified funding point advantage for developers creating housing units that provide certain affordable housing

AI Summary

This bill amends the public housing law to create a new incentive for developers who build affordable housing specifically targeted at municipal workers currently living in shelters or homeless persons programs. Under the proposed legislation, developers who create eligible low-income housing units dedicated to these workers will be granted a "unified funding point advantage," which likely means they will receive preferential treatment or additional points in housing funding and development competitions. The bill appears designed to help address housing challenges for municipal workers experiencing housing insecurity by providing developers with a financial and competitive incentive to create housing units that serve this specific population. The legislation would take effect immediately, with provisions allowing for the necessary regulatory preparations to be made in advance of implementation.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (on 01/07/2026)

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