ALBANY — In pushing for a major expansion of New York’s housing stock, Gov. Kathy Hochul is taking aim at restrictive local zoning policies by proposing a fast-track state approval process that could be used if proposed projects do not conform to existing regulations.“Between full-on bans of multi-family homes, and onerous zoning and approvals processes, they make it difficult, even impossible, to build new homes,” Hochul stated in her State of the State speech.
The Hochul plan to create 800,000 new housing units in New York over the next 10 years also would allow expedited state review of projects snarled at the local government level by waiving environmental reviews, while at the same time exercising “crucial safeguards” aimed at preventing environmental harm and threats to public health.
Hochul would also offer communities outside New York City a new tool for encouraging the construction of affordable housing in the form of a $5 million state low-income housing tax credit that would be available for mixed-income projects.
What Hochul calls the New York Housing Compact would require all villages, towns and cities to nail down home creation targets on a three-year cycle. MORE AT Zoning concerns triggered by Hochul housing plan | Local News | lockportjournal.com
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