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Neutral Bill Mar 16, 2026

Specifies that low-income housing tax credits may be issued both for projects creating new housing and projects renovating and preserving existing housing, nullifying a DHCR determination that projects for the renovation and preservation of existing housing do not qualify.

Specifies that low-income housing tax credits may be issued both for projects creating new housing and projects renovating and preserving existing housing, nullifying a DHCR determination that projects for the renovation and preservation of existing housing do not qualify.

https://legiscan.com/NY/bill/S04416/2025
Bill data from LegiScan, used under CC BY 4.0.
Rachel May State Senator
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