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NY A10457
Bill
Status
3/6/2026
Primary Sponsor
Angelo Santabarbara
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AI Summary
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Establishes the Employer-Assisted Housing Matching Grant Program administered by the Division of Housing and Community Renewal in coordination with OPWDD, Office of Mental Health, and Office of Addiction Services and Supports
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Provides a 50% state match on employer housing contributions, up to $3,000 maximum per eligible employee in any rolling 12-month period
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Eligible employees must work for qualifying nonprofit human services agencies, work at least 20 hours per week, have household income at or below 150% of area median income, and reside in New York State
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Matching funds may be used for security deposits, first month's rent, emergency rental arrears, or down payment and closing costs for a primary residence (with 1-year residency commitment)
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Participating employers must submit annual reports on employees assisted, assistance types, funds disbursed, and employee retention outcomes
Legislative Description
Creates an employer-assisted housing match grant program under which certain nonprofit employees may be eligible for a state match for certain employer-provided funds for housing costs.
Last Action
referred to housing
3/6/2026