Vote: Overridden by Council
NYC CouncilJan 29, 2026Result: passed
Local law · Int 1443-2025
A Local Law to amend the administrative code of the city of New York, in relation to the citywide percentage of rental units in projects receiving city financial assistance that must be affordable for extremely low-income and very low-income households
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
New York City Council
This bill would require that a minimum percentage of rental housing financed by the City are affordable to households with the least means to afford housing. Of the new affordable housing financed by the Department of Housing and Preservation Development, known as HPD, 50% would have to be affordable to extremely and very low-income households, with at least 30% of the total affordable to extremely low-income households. The bill includes several separate exemptions to these minimum percentages, based on either their programmatic requirements, site constraints, or their stage in the pre-development process. Although the bill would go into effect immediately, the requirements would not apply until July 1, 2027, so that affordable housing projects currently seeking financing can proceed with their applications. The legislation would also include an ability for HPD to suspend the targets if federal resources relied on to finance affordable housing are significantly decreased.
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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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Became law over a veto.
Committee on Land Use
Farah N. Louis, Gale A. Brewer and 5 others
Cosponsors in the order the New York City Council lists them.
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NYC CouncilJan 29, 2026Result: passed
Committee on Land UseJan 28, 2026Result: passed
NYC CouncilDec 18, 2025Result: passed
Committee on Land UseDec 18, 2025Result: passed
A Motion Was Made That This Introduction be Approved by Council Approved by Roll Call.
A motion was made that this Introduction be Approved by Council approved by Roll Call.
NYC Council
Committee vote
This Introduction was Approved by Committee
Committee on Land Use
Hearing held
This Introduction was Hearing Held by Committee
Committee on Land Use
Vetoed
This Introduction was Vetoed by Mayor
Mayor
Committee vote
A motion was made that this Introduction be Approved by Committee approved by Roll Call.
Committee on Land Use
Passed a chamber
A motion was made that this Introduction be Approved by Council approved by Roll Call.
NYC Council
Amended
This Introduction was Amended by Committee
Committee on Land Use
This Introduction Was Amendment Proposed by Comm
This Introduction was Amendment Proposed by Comm
Committee on Land Use
Hearing held
This Introduction was Hearing Held by Committee
Committee on Land Use
Sent to the executive
This Introduction was Sent to Mayor by Council
NYC Council
Hearing held
This Introduction was Hearing Held by Committee
Committee on Land Use
Held over
This Introduction was Laid Over by Committee
Committee on Land Use
Introduced
This Introduction was Introduced by Council
NYC Council
Referred to committee
This Introduction was Referred to Comm by Council to the Committee on Land Use
NYC Council