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A03072Introduced in the Assembly

Requires affordable housing units that are subject to the provisions of the Affordable New York Housing Program to be subject to rent stabilization at the end of the tax abatement and extended affordability period; provides that units subject to tax exemptions or abatements pursuant to other laws be subject to rent stabilization at the expiration of such tax exemptions or abatements.

IntroducedAssembly Real Property Taxation

Introduced by Linda Rosenthal, District 67

What does this bill do?

Plain-English breakdown

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Official description

Requires affordable housing units that are subject to the provisions of the Affordable New York Housing Program to be subject to rent stabilization at the end of the tax abatement and extended affordability period; provides that units subject to tax exemptions or abatements pursuant to other laws be subject to rent stabilization at the expiration of such tax exemptions or abatements.

Where it stands

referred to real property taxation

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. referred to real property taxation

  2. referred to real property taxation

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