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Local law · Int 0164-2024

The posting of community impact reports for city-subsidized economic development projects

Official titleShow

A Local Law to amend the administrative code of the city of New York, in relation to the posting of community impact reports for city-subsidized economic development projects

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

Latest action Aug 13, 2025

New York City Council

Sponsor

Amanda C. Farías

Council Member, District 18 · Democratic

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Summary

This bill would require the New York City Economic Development Corporation to prepare and post community impact reports for economic development projects receiving $4 million or more in city subsidies. These reports would need to be submitted to the Mayor and Speaker and posted online at least 15 days before final project agreements are executed. The reports would include information on potential resident and business displacement, job creation estimates, housing impacts, and for projects in highly distressed areas, an additional analysis of job training opportunities, local investment, and wage impacts.

Summary from NYC Council (Legistar). How we handle summaries

From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Aug 1, 2026. About our data

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Where it stands

Became law without the Mayor's signature.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Committee on Economic Development

Cosponsors

Crystal Hudson, Alexa Avilés and 6 others

Cosponsors in the order the New York City Council lists them.

  • Democratic7

Party is shown for the 7 cosponsors who are on Agora.

Shown in neutral colors by design; Agora is non-partisan.

Names without a link are in the official record but not on Agora.

Recorded votes

  • Vote: Approved by Council

    NYC CouncilJul 14, 2025Result: passed

    (42) (0) (0) (9)

  • Vote: Approved by Committee

    Committee on Economic DevelopmentJul 14, 2025Result: passed

    (4) (0) (0) (3)

Full history

  1. Aug 13, 2025

    Adopted

    This Introduction was City Charter Rule Adopted

    Administration

  2. Aug 12, 2025

    Returned unsigned by the Mayor

    This Introduction was Returned Unsigned by Mayor

    NYC Council

  3. Jul 14, 2025

    Passed a chamber

    A motion was made that this Introduction be Approved by Council approved by consent Roll Call.

    NYC Council

  4. Jul 14, 2025

    Amended

    This Introduction was Amended by Committee

    Committee on Economic Development

  5. Jul 14, 2025

    This Introduction Was Amendment Proposed by Comm

    This Introduction was Amendment Proposed by Comm

    Committee on Economic Development

Show full history (7 earlier events)
  1. Jul 14, 2025

    Committee vote

    This Introduction was Approved by Committee

    Committee on Economic Development

  2. Jul 14, 2025

    Hearing held

    This Introduction was Hearing Held by Committee

    Committee on Economic Development

  3. Jul 14, 2025

    Sent to the executive

    This Introduction was Sent to Mayor by Council

    NYC Council

  4. Jun 13, 2024

    Hearing held

    This Introduction was Hearing Held by Committee

    Committee on Economic Development

  5. Jun 13, 2024

    Held over

    This Introduction was Laid Over by Committee

    Committee on Economic Development

  6. Feb 28, 2024

    Introduced

    This Introduction was Introduced by Council

    NYC Council

  7. Feb 28, 2024

    Referred to committee

    This Introduction was Referred to Comm by Council to the Committee on Economic Development

    NYC Council