Enacts the housing development fund company fairness, preservation, and affordability act

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Overview Bill text 3 Compare versions History 6 Sponsors

Enacts the housing development fund company fairness, preservation, and affordability act to clarify certain provisions relating to the dissolution and reincorporation of housing development fund companies; provides for tax exemptions and abatements for housing development fund companies.

Chamber: Senate
Introduced: Jan 8, 2025
Last action: Jan 7, 2026 — REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Session: 2025-2026
Momentum: 45 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum -1 45/100 from the pace of recorded action
Time since last action -22 287 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.