New York S 6516: Directs the division of housing and community renewal to conduct a study on alternatives to the affordable New York housing program

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S06516 Summary:

BILL NOS06516 

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SAME ASNo Same As

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SPONSORCLEARE

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COSPNSR

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MLTSPNSR

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Directs the division of housing and community renewal to conduct a study on alternatives to the affordable New York housing program by investigating new models and partnerships to provide affordable housing to residents of the state.

Go to top S06516 Actions:

BILL NOS06516 

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03/17/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

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

Go to topS06516 Committee&nbspVotes:

Go to topS06516 Floor&nbspVotes:

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

Go to topS06516 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6516

 2025-2026 Regular Sessions

 IN SENATE

 March 17, 2025
 ___________

 Introduced by Sen. CLEARE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Housing, Construction and
 Community Development

 AN ACT in relation to directing the division of housing and community
 renewal to conduct a study on alternatives to the affordable New York
 housing program

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

 1 Section 1. The division of housing and community renewal, in consulta-
 2 tion with any agency or organization it deems appropriate, shall conduct
 3 a study on alternative options to section 421-a of the real property tax
 4 law, constituting the affordable New York housing program. Such study
 5 shall investigate new models and partnerships to provide affordable
 6 housing to residents of the state.
 7 § 2. The division of housing and community renewal shall prepare a
 8 report which shall be submitted to the governor, the temporary president
 9 of the senate, the speaker of the assembly, the minority leader of the
 10 senate and the minority leader of the assembly, within one year after
 11 the effective date of this act, containing findings and recommendations
 12 for potential legislative and regulatory actions to replace the afforda-
 13 ble New York housing program with a more effective solution to providing
 14 affordable housing to residents of the state.
 15 § 3. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10976-01-5

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