New York A 5760: Relates to establishing a housing task force to address affordable housing for millennials

Bill Text

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A05760 Summary:

BILL NOA05760 

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SAME ASSAME AS S04702

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SPONSORSolages

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COSPNSR

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MLTSPNSR

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Establishes a housing task force addressing affordable housing for millennials in suburban counties to provide a continuing forum to discuss concerns and issues related to the formulation of state policy designed to help address this issue.

Go to top A05760 Actions:

BILL NOA05760 

&nbsp

02/20/2025referred to housing

01/07/2026referred to housing

Go to topA05760 Committee&nbspVotes:

Go to topA05760 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA05760 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5760

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 20, 2025
 ___________

 Introduced by M. of A. SOLAGES -- read once and referred to the Commit-
 tee on Housing

 AN ACT to establish a housing task force addressing affordable housing
 for millennials in suburban counties

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. A housing task force to address affordable housing for
 2 millennials in suburban counties is hereby established. The role of the
 3 task force includes, but is not limited to:
 4 (a) facilitating interagency planning and policy;
 5 (b) reviewing specific agency initiatives for affordable housing for
 6 millennials ages 25 to 35;
 7 (c) providing a continuing forum to discuss concerns and issues
 8 related to the formulation of state policy designed to help address this
 9 issue;
 10 (d) developing linkages and partnerships with housing developers and
 11 other appropriate entities to address the problem of lack of affordable
 12 housing for millennials; and
 13 (e) identifying existing state initiatives that would aid in providing
 14 millennials with resources to find affordable housing.
 15 § 2. On or before two years after the effective date of this act, the
 16 task force shall issue its findings, any legislative recommendations or
 17 proposed state policy changes it deems necessary to the governor, tempo-
 18 rary president of the senate, speaker of the assembly, minority leader
 19 of the senate, and minority leader of the assembly. The task force may
 20 also issue interim findings, legislative recommendations, or proposed
 21 state policy changes it deems necessary at any time.
 22 § 3. The task force shall consist of a total of twelve members and
 23 shall be appointed as follows: six members shall be appointed by the
 24 governor, including one member recommended by the commissioner of the
 25 division of housing and community renewal, one member recommended by the

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09399-01-5

 A. 5760 2

 1 commissioner of the department of economic development, one member
 2 recommended jointly by the housing finance agency and the state of New
 3 York mortgage agency, and one member nominated by each of the county
 4 executives of Westchester, Nassau, and Suffolk counties; two members
 5 shall be appointed by the temporary president of the senate, including
 6 one member recommended by the chair of the senate housing, construction
 7 and community development committee; one member shall be appointed by
 8 the minority leader of the senate; two members shall be appointed by the
 9 speaker of the assembly, including one member recommended by the chair
 10 of the assembly housing committee; and one member shall be appointed by
 11 the minority leader of the assembly. All members of the task force
 12 shall have experience in or represent the following areas: housing
 13 providers and associations, real estate providers and associations,
 14 mortgage providers and associations and millennial consumers.
 15 § 4. The members appointed upon the recommendation of the county exec-
 16 utives of Westchester, Nassau and Suffolk counties pursuant to section
 17 three of this act shall constitute a sub-task force to focus on afforda-
 18 ble housing for millennials in Westchester, Nassau and Suffolk counties.
 19 Such sub-task force may also include other members of the task force who
 20 may be appointed to serve on the sub-task force by the chairperson