S 2523 New York Senate · 2025 Regular Session

Establishes the jobs and housing pilot program to create jobs in the construction industry and address the housing crisis

Summary

Establishes the "jobs and housing act"; directs the private housing finance agency to develop and administer a jobs and housing pilot program to construct and preserve housing, including workforce housing, that is affordable to low and moderate income persons, and creates jobs for those who build and work in such housing.

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2025 Last action May 18, 2026

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What changed between versions

S2523 → S2523A · 4 edits

MODERATE

The bill was amended to add new sponsors and recommit it to the Housing Committee for further review. Substantively, the bill was reorganized to clarify definitions, replacing the term 'Division' with 'Agency' and adding a new definition for 'Eligible project' to explicitly include both preservation and new construction. A new requirement for a 'Report' was also added to the list of sections.

Scope change

The bill's scope was clarified by adding specific definitions for 'Eligible project' and 'Agency', and a new reporting requirement was introduced.

ELIGIBILITY

Added a new definition for 'Eligible project' to clarify that it includes both the preservation of existing cooperative housing and the construction of new affordable rental or ownership multiple dwellings.

DEFINITION

Changed the definition of the overseeing body from 'Division' (state division of housing and community renewal) to 'Agency' (housing finance agency established pursuant to section forty-three of this chapter).

REQUIREMENT

Added a new section requiring the creation of a 'Report' within the new Article 31-A.

PROCESS

Added multiple new sponsors to the bill and recorded that the bill was recommitted to the Committee on Housing, Construction and Community Development after being discharged and amended.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 18, 2026

Committee

REPORTED AND COMMITTED TO FINANCE

upper

Apr 1, 2026

Upper · Passed

PRINT NUMBER 2523A

upper

Apr 1, 2026

Upper · Passed

AMEND AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

Jan 7, 2026

Committee

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

Jan 21, 2025

Committee

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

upper

1 primary · 14 co-sponsors