Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 24, 2025 |
referred to cities 1 |
Senate Bill S6761
2025-2026 Legislative Session
Sponsored By
(D, WF) 31st Senate District
Current Bill Status - In Senate Committee Cities 1 Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(D) 30th Senate District
(D) 14th Senate District
(D) 10th Senate District
(D) 32nd Senate District
2025-S6761 (ACTIVE) - Details
2025-S6761 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6761 SPONSOR: JACKSON TITLE OF BILL: An act to require certain calculations of area median income to be used by all affordable housing programs in a city having a population of one million or more PURPOSE: The purpose of this legislation is to advance affordable housing in New York City by requiring the use of the lower amount - either - particular zip code's Area Median Income ("AMI") in calculating AMI or Regional Area Median Income. SUMMARY OF PROVISIONS: Section 1 mandates that within cities with a population of one million or more, any affordable housing program initiated after the effective date of this act shall use the lower of the area median income propor- tional to the zip code in which the program is located or the regional
2025-S6761 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6761 2025-2026 Regular Sessions I N S E N A T E March 24, 2025 ___________ Introduced by Sens. JACKSON, CLEARE, COMRIE, SANDERS, SEPULVEDA -- read twice and ordered printed, and when printed to be committed to the Committee on Cities 1 AN ACT to require certain calculations of area median income to be used by all affordable housing programs in a city having a population of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any law, rule or regulation to the contra- ry, within cities having a population of one million or more, any affordable housing program initiated after the effective date of this act shall use the lower of the area median income proportional to the zip code in which the program is located or the regional area median income in which the program is located. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01963-01-5
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