Bill Summary: A09767 - Livable New York Act

• Establishes a $3 billion "Livable New York fund" with two accounts: one for energy efficiency transitions and one for housing development and code enforcement.

• Creates an energy efficiency program requiring buildings under 10,000 square feet to transition from combustible heating/cooling by December 31, 2029, and larger buildings by December 31, 2034, with full funding for disadvantaged communities and low-income properties.

• Authorizes housing development subsidies targeting creation of 10,000 affordable units per year at 40% of area median income with rent capped at 2% annual increases and 25% of household income.

• Requires prevailing wages and project labor agreements for all publicly-funded work, with priority hiring and training programs for formerly incarcerated individuals.

• Establishes minimum wage requirements for incarcerated workers and creates a formerly incarcerated hiring tax credit of 15% of wages (up to $15,000) for employers retaining workers 12+ months.