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As part of her 2023 State of State address, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis by building 800,000 new homes over the next decade....
How will NY Housing Compact solve 'crisis' in Upstate New York? Rents are up 60%, while home prices are 80% higher New York State
Includes Proposals to Remove Obstacles to Approvals, Grow Development Opportunities in New York City, and Incentivize Construction.
Governor Hochul announced a statewide strategy to address New York’s housing crisis, build 800,000 new homes over the next decade to meet the historic shortage, and support New York renters and homeowners as part of the 2023 State of the State.