Housing (Property Development)

in committee · New York · Senate Jan 7, 2026

S 4396: Relates to consultation with affected parties on certain projects

S 4396 requires the New York State Urban Development Corporation to proactively consult with "specifically affected parties" before and during development of projects. This includes current tenants, local elected officials, community leaders, residents within a five-mile radius, and community organizations. The bill mandates multiple consultation methods (mail, email, in-person meetings) and a 70-day public comment period with written responses to all substantive feedback. It directly affects projects developed by the Urban Development Corporation and ensures community input shapes planning at every stage.

Topics ✓ HousingSupports HousingRequires consultation with tenants and community groups before housing projects, enhancing tenant input and protections in development processes.90% confidence

Sub-Topics Property Development

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in committee · New York · Assembly Jun 16, 2025

A 8842: Relates to bus operation-related traffic regulations

Excludes violations in a cooperative housing development containing Mitchell-Lama housing with no fewer than ten thousand units from bus operation-related traffic regulations.

Topics ✓ HousingSupports HousingExempts Mitchell-Lama affordable housing developments from bus-related traffic violations, reducing regulatory burden on existing affordable housing.85% confidence

Sub-Topics Property Development

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in committee · New York · Senate Jan 7, 2026

S 3755: Authorizes the empire state development corporation to create funds to compensate communities that have been harmed by land use plans

S 3755 authorizes New York's Empire State Development Corporation to create compensation funds for communities harmed by land use plans, such as when development causes small businesses to close, rents to rise, or residents to be displaced. The bill allows the corporation to establish these funds without needing new state approvals or legislative action. It specifically defines "harm" to include economic and housing disruptions from development projects. The measure takes effect immediately upon enactment.

Topics ✓ HousingSupports HousingBill creates compensation funds for housing disruptions like displacement and rent increases caused by development, directly addressing housing protections and community harm.92% confidence

Sub-Topics Land Use Property Development

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passed · New York · Senate Jun 1, 2026

S 1613: Directs empire state development, in conjunction with the office of general services, to create plans for the development of mixed-use commercial and residential property at, and redesign of, the Harriman campus

Directs empire state development, in conjunction with the office of general services, to create a plan to develop mixed-use commercial and residential property on a certain portion of the Harriman campus; directs such plan to be completed and made available for public comment no later than 180 days after the effective date; directs empire state development, in conjunction with the office of general services, to create a master plan for the redesign of the Harriman campus; directs that such plan be completed and made available for public comment no later than one year after the effective date.

Topics ✓ HousingSupports HousingDirects planning for mixed-use residential development at Harriman campus, advancing housing supply through future projects without restricting or defunding housing initiatives.85% confidence

Sub-Topics Property Development

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passed · New York · Senate Jun 12, 2025

R 1242: Amends a plan setting forth an itemized list of grantees for the New York state economic development assistance program

Senate Resolution 1242 amends the plan for New York's Economic Development Assistance Program to add two specific grants: $250,000 to Calvary Housing Development Fund Corporation for senior housing and $100,000 to New York City Department of Education for New York Sun Works, Inc. The resolution updates the schedule of approved grantees, requiring the revised list to be approved by the temporary Senate president, budget director, and a majority vote of the Senate. This change directly affects the two organizations receiving funds and the administrative process for allocating program monies originally appropriated in 2008 and reappropriated in 2025. The bill does not alter the program's overall structure but adjusts its current funding distribution.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds specific grants ($250k senior housing, $100k education) to state budget, directly funding essential public services within appropriations process.90% confidence ✓ HousingSupports HousingFunds senior housing development via $250k grant to Calvary Housing Development Fund Corporation, directly supporting affordable housing initiatives.95% confidence

Sub-Topics Property Development

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in committee · New York · Assembly Jan 7, 2026

A 7061: Establishes the temporary state commission on New York city property tax reform

Establishes the 13 member temporary state commission on New York city property tax reform to propose property tax reform for the city of New York that promotes fairness, clarity, and simplicity; that eliminates structural inequality and taxes similar properties similarly; that encourages the development and preservation of affordable and multifamily housing; that includes owner relief programs and an approach to transition that insures low- and moderate-income owners have affordable tax bills and that primary residents are not displaced from their homes; and that does not diminish revenue for the city of New York.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes commission to reform NYC property tax for fairness, eliminates inequality, and provides relief to low/moderate-income owners. This aligns with tax relief and equitable tax system support.95% confidence ✓ HousingSupports HousingBill explicitly aims to promote affordable housing development through tax reform and owner relief for low-income residents, directly addressing housing affordability goals.95% confidence

Sub-Topics Property Tax Property Development Property Taxes

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signed · New York · Assembly Jun 26, 2025

A 6763: Enacts the private activity bond allocation act of 2025

The "Private Activity Bond Allocation Act of 2025" establishes a new formula for distributing the statewide volume ceiling for certain tax-exempt private activity bonds. These bonds are used by state and local agencies, as well as other entities, for purposes such as housing, economic development, and job creation. The act divides the statewide ceiling into three main portions: a local agency set-aside based on population, a state agency set-aside, and a statewide bond reserve. This structure aims to provide an orderly and efficient process for allocating these bonds, which require an allocation to maintain their federal tax-exempt status.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates tax-exempt bonds for housing/economic development, a fiscal management tool promoting public programs through tax policy.90% confidence ✓ HousingSupports HousingBill allocates tax-exempt bonds for housing development (explicitly listed as a purpose), enabling funding for housing projects and supporting housing advancement.85% confidence

Sub-Topics Debt & Bonds Property Development

in committee · New York · Senate Jan 7, 2026

S 1992: Establishes the "New York public banking act"

Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes public banks to use municipal funds for economic development, infrastructure, and housing, promoting fiscal management through direct public fund allocation for community needs.85% confidence ✓ HousingSupports HousingBill explicitly authorizes public banks to address housing needs as a public purpose, directly supporting housing development and affordability through municipal funding mechanisms.95% confidence

Sub-Topics Government Spending Property Development

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in committee · New York · Assembly Jan 7, 2026

A 6268: Establishes the "New York public banking act"

Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables public banks to use public funds for cost savings and economic development, promoting fiscal responsibility through local financial management.82% confidence ✓ HousingSupports HousingBill explicitly authorizes public banks to address 'housing needs' for community development, directly funding housing initiatives through public credit.95% confidence

Sub-Topics Government Spending Property Development

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in committee · New York · Senate Jun 2, 2026

S 6067: Authorizes Top Community Development Corporation to file an application for a real property tax exemption

This bill authorizes Top Community Development Corporation to apply for a real property tax exemption on a specific Brooklyn property (1274 Utica Avenue, Brooklyn) for 2019 taxes. It allows the New York City Department of Finance to accept their application retroactively if they acquired the property after the 2019 tax deadline but before the next assessment date, and would qualify for exemption if filed on time. The exemption would apply from the property acquisition date, with potential refunds for taxes paid on the property.

Topics ✓ HousingSupports HousingAuthorizes tax exemption for community development corp's Brooklyn property, reducing costs to advance affordable housing development.95% confidence

Sub-Topics Community Development Property Development Property Taxes

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