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Assembly Bill A5978

2025-2026 Legislative Session

Requires a certain percentage of affordable housing funded by the state be used for veterans and people with disabilities

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2025-A5978 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
State Finance Law
Laws Affected:
Add §19-b, St Fin L
Versions Introduced in 2023-2024 Legislative Session:
A9065

2025-A5978 (ACTIVE) - Summary

Requires affordable housing funded by the state be used for veterans and people with disabilities, with each group receiving five percent of such affordable housing.

2025-A5978 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5978
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 25, 2025
                                ___________
 
 Introduced by M. of A. K. BROWN -- read once and referred to the Commit-
   tee on Housing
 
 AN  ACT  to  amend  the  state  finance  law, in relation to requiring a
   certain percentage of affordable housing funded by the state  be  used
   for veterans and people with disabilities

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The state finance law is amended by adding  a  new  section
 19-b to read as follows:
   §  19-B. AFFORDABLE HOUSING; VETERANS AND PEOPLE WITH DISABILITIES. 1.
 FOR PURPOSES OF THIS SECTION:
   (A) THE TERM  "CONSTRUCTION  PROJECT"  SHALL  MEAN  CONSTRUCTION  WORK
 INVOLVING  OR INCLUDING ANY CONSTRUCTION ASSOCIATED WITH THE CREATION OR
 REHABILITATION OF RESIDENTIAL DWELLING UNITS OR MANUFACTURED HOME  PARKS
 DONE  UNDER CONTRACT WHICH IS PAID FOR IN WHOLE OR IN PART OUT OF PUBLIC
 FUNDS.
   (B) THE TERM "PAID FOR IN WHOLE OR IN PART OUT OF PUBLIC FUNDS"  SHALL
 HAVE THE SAME MEANING AS DEFINED IN SECTION TWO HUNDRED TWENTY-FOUR-A OF
 THE LABOR LAW.
   (C)  THE  TERM  "VETERAN"  SHALL  HAVE  THE SAME MEANING AS DEFINED IN
 SECTION ONE OF THE VETERANS' SERVICES LAW.
   2. ANY CONSTRUCTION PROJECT UNDERTAKEN IN THIS STATE SHALL  INCLUDE  A
 MINIMUM OF FIVE PERCENT OF ALL AFFORDABLE DWELLING UNITS OR MANUFACTURED
 HOME PARK LOTS BE THE PRIMARY RESIDENCE OF A VETERAN.
   3.  ANY  CONSTRUCTION PROJECT UNDERTAKEN IN THIS STATE SHALL INCLUDE A
 MINIMUM OF FIVE PERCENT OF ALL AFFORDABLE DWELLING UNITS OR MANUFACTURED
 HOME PARK LOTS BE THE PRIMARY RESIDENCE OF A PERSON WITH DISABILITIES.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09584-01-5

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