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Sponsors
2 Co-sponsors
History
- Substituted by A3173
- Ordered to third reading cal.790
- Committee discharged and committed to rules
- Referred to local government
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Creates the Westchester county workforce housing incentive program
Vetoed · Sponsor Adam Bradley
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the general municipal law, in relation to creating the Westchester county workforce housing incentive program
Purpose or general idea of bill
Creates the Westchester County Workforce Housing Incentive Program.
Summary of specific provisions
This legislation amends the General Municipal Law by adding a new Article 16-B establishing the Westchester Workforce Housing Incentive Program. The measure provides that when a local government approves the construction of five or more residential units through site plan, subdivision or mixed use development, that the developer provides 10% of the total units be affordable housing units (rounding up--thus five units would result in one unit of affordable housing). The bill also provides for density bonuses for builders and developers subject to this legislation.
Effects of present law which the bill will alter
The bill amends the General Municipal Law by adding a new Article, Article 16-B, which establishes the Westchester Workforce Housing Incentive Program.
Justification
More than one out of four households in the country, almost 24 million, confront housing cost burdens. According to the united States Department of Housing and Urban Development (HUD), shelter costs should consume no more than approximately one-third of total income. It is estimated that more than one out of ten households spend more than one-half of their incomes on housing with renters even more likely to have affordability difficulties. This problem is particularly acute in Westchester County.
In recent years, housing prices have risen dramatically in Westchester County. This has put affordable homes and rental units out of reach for more and more individuals and families. The median price of a home in Westchester was $655,000 in January of this year, a 13.5% increase since 2004. This bill is necessary to prevent families from moving out of Westchester by providing more affordable housing alternatives.
Legislative history
A10344 of 2005/2006 A6141 of 2007/2008 (passed Assembly)
Fiscal implications
None.
Effective date
November first next succeeding the date on which it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.