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Assembly and Senate stress housing priorities: NYCHA, Mitchell‑Lama, $250M housing access voucher proposal

2712671 · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Lawmakers emphasized funding for NYCHA repairs, Mitchell‑Lama preservation, and a proposed $250 million Housing Access Voucher Program aimed at people who are homeless or at risk of homelessness; the Assembly said it would cap Mitchell‑Lama property taxes at no more than 5% of annual shelter rent outside New York City as a local option.

Lawmakers on both sides of the aisle highlighted housing as a central budget priority during the opening three‑way talks, naming NYCHA repairs, Mitchell‑Lama preservation and a new voucher program among the top items.

"There is no discussion of changing rent regulation rules around rent stabilization or rent control in this budget," Assembly Member Linda Rosenthal,…

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