What's happening
This bill allows New York City to partner with labor unions to finance and build affordable housing exclusively for city employees.
Why it matters
Creates a new pathway for affordable housing targeted specifically at municipal employees. , which could help address recruitment, retention, and cost-of-living challenges for city workers in New York City.
Requires that at least one resident in each unit be a city employee and that the total household income remains below 125% of area median income. , ensuring that the housing is reserved for lower- and middle-income city workers rather than higher earners.
Mandates income and employment eligibility checks for continued residency. , meaning tenants could lose their affordable units if their household income rises above the threshold or if no city employee remains in the home, potentially leading to greater housing turnover and more dynamic access for qualifying employees.
Strengthens labor union involvement in urban housing policy. , potentially giving unions more influence over housing developments, financing decisions, and the long-term affordability of homes for their members.
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Who cares
Unions representing New York City employees
The bill would let them partner with the city to finance construction of affordable housing for their members.
New York City government
The bill would authorize the city to enter these housing-finance partnerships with collective bargaining units representing its employees.
City employees seeking affordable housing
Units would require at least one city employee to live there for more than half the year and total household income below 125 percent of area median income.
Tenants in union-financed units
Their leases or rental agreements could not be extended or renewed if their households no longer met the city-employment, residency or income requirements.
Headline styles
Unions Build Housing for Members
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
1 Multi-sponsor
History
- Referred to housing
- Referred to housing
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.
Unions Build Affordable Housing
In Senate Committee · Housing, Construction And Community Development · Sponsor Kevin S. Parker
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3410
2019-2020 Regular Sessions
IN ASSEMBLY
January 29, 2019
Introduced by M. of A. BICHOTTE, MOSLEY, JOYNER -- Multi-Sponsored by -- M. of A. COOK -- read once and referred to the Committee on Housing
AN ACT to amend the private housing finance law, in relation to labor union financed housing
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The private housing finance law is amended by adding a new section 1154 to read as follows:
§ 1154. Partnership with labor unions. 1. Notwithstanding any other provision of law to the contrary, the city of New York may enter into a cooperative partnership with any collective bargaining unit that represents employees of such city to finance the construction of affordable housing for the members of such collective bargaining unit.
2. Any financing for the construction of affordable housing pursuant to this section shall consist of units that are exclusively occupied by employees of the city of New York. For purposes of this subdivision, a unit shall be deemed occupied by an employee of the city if at least one person residing in such unit is an employee of the city, such employee actually resides in the unit for more than fifty percent of the year, and the combined income of all members residing in the unit is less than one hundred twenty-five percent of the area median income.
3. A lease or rental agreement of any unit created pursuant to this section shall not be extended or renewed to any person if the criteria established in subdivision two of this section are no longer satisfied.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00286-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.