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NY A09255
Bill
Status
11/21/2025
Primary Sponsor
Didi Barrett
Click for details
AI Summary
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Establishes the "Build Up New York" pilot program providing grants to pro-housing certified municipalities for constructing accessory dwelling units on top of existing buildings using mass timber, serving households up to 150% of area median income
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Creates the Mass Timber for Affordable Housing Program offering a 25% tax credit for costs related to design, procurement, and installation of mass timber in qualifying affordable housing projects
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Provides an additional 10% tax credit for property principally used for producing, processing, or assembling mass timber products in New York State
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Requires all pilot program construction projects to comply with prevailing wage requirements under labor law
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Mandates annual reporting and evaluations by the Division of Homes and Community Renewal, with the pilot program expiring 5 years after the effective date and tax credits applying to taxable years beginning on or after January 1, 2026
Legislative Description
Establishes the build up New York pilot program to provide grants to eligible municipalities that construct new accessory dwelling unit housing projects built on top of existing buildings that utilize mass timber and serve certain households; establishes the mass timber for affordable housing program to provide tax credits for eligible taxpayers who use mass timber in certain new construction or major retrofits of existing buildings that primarily serve households up to one hundred fifty percent of the area median income.
Last Action
referred to housing
1/7/2026