New York Senate Bill 4416: 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.

New York · 2025-2026 session

What it does

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.

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (2026-01-07)

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