What's happening
This bill requires affordable housing programs in New York City to base area median income calculations on the project's zip code.
Why it matters
This change could make affordable housing rents and eligibility more accurately reflect the true income levels of specific neighborhoods, rather than using a citywide or regional average that may not match local realities. This is especially important in cities like New York, where wealth and poverty can vary dramatically from one zip code to another.
Residents in lower-income neighborhoods may have increased access to affordable housing units. , as income thresholds would be set according to the local zip code's median income, potentially preventing displacement and gentrification driven by higher, citywide averages.
Developers and city agencies would need to adjust their planning and administration of affordable housing projects. , potentially facing more complexity but ensuring that affordability standards are tailored to each community’s needs, rather than a one-size-fits-all approach.
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Who cares
Headline styles
Use Zip Code Income
Plain English, a few words. Used as the page title.
Sponsors
1 Co-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.
Use Zip Code Median Income
In Senate Committee · Cities · Sponsor Velmanette Montgomery
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
6568
2019-2020 Regular Sessions
IN ASSEMBLY
March 12, 2019
Introduced by M. of A. RICHARDSON -- read once and referred to the Committee on Housing
AN ACT to require all affordable housing programs in a city having a population over one million to calculate the area median income based on the zip code in which the project will be located
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Notwithstanding any law, rule or regulation to the contrary, within cities having a population of one million or more, any affordable housing program initiated after the effective date of this act shall use an area median income proportional to the zip code 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.
LBD07655-01-9
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.