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Economic Development & Housing

Homes & Community Renewal

HCR · FY2025 · 2023-2024 Session

Affordable-housing finance and rent regulation; runs the $25B 5-Year Housing Plan announced in FY2023.

Total appropriation

$2.6B

All Funds

Workforce

1,010

FTE positions

% of state budget

1.10%

of $237B All Funds

% of Economic Development & Housing

52.0%

of $5.0B

Line items

How the $2.6B is allocated across major program areas.

ProgramCategoryAmountShare
Housing capital planCapital$2.05B
78.5%
Rent regulation & state operationsState Operations$0.37B
14.2%
Other housing programsAid / Grants$0.19B
7.3%
Total mapped$2.61B100%

Related Article VII bills

These are the budget-bill slots that carry HCR appropriations.

Other Economic Development & Housing agencies

Peers within the same functional area.

Source: NYS Division of the Budget Enacted Budget Financial Plan, FY2025. Figures are approximate and rounded for display.