New York S 8672: Enacts the employer-assisted housing matching grant act

Bill Text

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S08672 Summary:

BILL NOS08672 

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SAME ASSAME AS A10457, SAME AS A09595-A

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SPONSORFAHY

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COSPNSRSCARCELLA-SPANTON

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MLTSPNSR

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Add §47-f, Priv Hous Fin L

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Creates an employer-assisted housing match grant program under which certain nonprofit employees may be eligible for a state match for certain employer-provided funds for housing costs.

Go to top S08672 Actions:

BILL NOS08672 

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

03/31/2026REPORTED AND COMMITTED TO FINANCE

Go to topS08672 Committee&nbspVotes:

Go to topS08672 Floor&nbspVotes:

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

Go to topS08672 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8672

 IN SENATE

 January 7, 2026
 ___________

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

 AN ACT to amend the private housing finance law, in relation to enacting
 the "employer-assisted housing matching grant act"

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

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "employer-assisted housing matching grant act".
 3 § 2. Legislative findings and intent. The legislature hereby finds
 4 that the ability of New York's human services workforce to live near
 5 their place of employment is essential to the stability of programs that
 6 support individuals with disabilities, mental health needs, substance
 7 use disorders, and other vulnerable populations. Non-profit provider
 8 agencies certified, licensed, or contracted by the state face chronic
 9 workforce shortages, exacerbated by the high cost of housing. To address
 10 these challenges, this act establishes a program to match employer-pro-
 11 vided housing assistance for care workers, thereby helping such workers
 12 to remain stably housed and employed.
 13 § 3. The private housing finance law is amended by adding a new
 14 section 47-f to read as follows:
 15 § 47-f. Employer-assisted matching grant program. 1. Definitions. For
 16 purposes of this section, the following terms shall have the following
 17 meanings:
 18 (a) "Eligible employee" shall mean an individual employed by an eligi-
 19 ble employer:
 20 (i) who is employed in a qualifying care workforce position, including
 21 but not limited to direct support professionals, certified nursing
 22 assistants, licensed practical nurses, registered nurses, behavioral
 23 health or human services staff, and early intervention and special
 24 education therapists;
 25 (ii) who works a minimum average of twenty hours per week;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14251-01-5

 S. 8672 2

 1 (iii) whose household income does not exceed one hundred fifty percent
 2 of area median income, or such lower limit as may be set by the employ-
 3 er; and
 4 (iv) who maintains a primary residence in the state of New York.
 5 (b) "Eligible employer" means a nonprofit agency that is funded,
 6 approved, certified, licensed, or contracted by the office for people
 7 with developmental disabilities, the office of mental health, or the
 8 office of addiction services and supports.
 9 (c) "Employer contribution" shall mean cash assistance provided
 10 directly by an eligible employer or reimbursed to an eligible employee
 11 for documented housing costs, but shall not include in-kind benefits.
 12 (d) "Program" means the employer-assisted housing match grant program
 13 established pursuant to subdivision two of this section.
 14 2. Establishment. The division of housing and community renewal, in
 15 consultation with the office for people with developmental disabilities,
 16 the office of mental health, and the office of addiction services and
 17 supports, shall establish and administer an employer-assisted housing
 18 matching grant program for nonprofit provider agencies qualifying as
 19 eligible employers as described in this section.
 20 3. Eligible employers. Eligible employers shall be eligible to partic-
 21 ipate in the program. Two or more eligible employers