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NY S06761

Bill

Official Source

Status

Introduced

3/24/2025

Primary Sponsor

Robert Jackson

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Origin

Senate

2025-2026 General Assembly

AI Summary

  • Requires affordable housing programs in cities with populations of one million or more (New York City) to use the lower of two area median income (AMI) calculations: either the zip code-specific AMI or the regional AMI

  • Applies to any affordable housing program initiated after the bill's effective date

  • Overrides any existing law, rule, or regulation that conflicts with this AMI calculation requirement

  • Takes effect immediately upon passage

Legislative Description

Establishes that area median income shall be calculated either per each zip code or per region in the city of New York, whichever is lower.

Last Action

REFERRED TO CITIES 1

1/7/2026

Committee Referrals

Cities 11/7/2026
Housing, Construction, and Community Development5/6/2025
Cities 13/24/2025

Full Bill Text

No bill text available