Bill > A07107

This bill authorizes the city of New York to partner with labor unions (collective bargaining units) to finance the construction of affordable housing specifically for their members. The housing units must be exclusively occupied by city employees, with at least one resident being a city employee who lives in the unit for more than half the year. To qualify, the combined income of the unit's residents must be less than 125% of the area median income. The bill includes a provision that if the occupancy or income requirements are no longer met, the lease or rental agreement for the unit cannot be extended or renewed. This legislation creates a new pathway for labor unions to help their members access affordable housing by working directly with the city of New York to develop targeted housing solutions, which could help address housing challenges for municipal employees.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A7107