News & Analysis as of

Affordable Housing Asylum New York

Cozen O'Connor

FY25 New York State Budget Update

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Monday evening, Governor Hochul announced the “parameters of a conceptual agreement” on the budget. Some highlights of the announced $237B budget are below: Housing - •NYC - •New 485-a incentive to build housing and...more

Cozen O'Connor

NYS FY25 Budget Alert: Assembly and Senate Release One-House Budgets

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On March 12, 2024, the New York State Assembly and Senate released their one-house budgets, indicating their priorities for the Fiscal Year 2025 (FY25) budget. Both houses proposed raising taxes for high earners, increasing...more

Cozen O'Connor

New York Note – Housing Reform to City Zoning, Asylum Seekers, 2023 NY Super Lawyers

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City of Yes for Housing Opportunity- Mayor Adams launched “City of Yes for Housing Opportunity,” citywide zoning proposals with the goal of “a little more housing in every neighborhood.” The plan includes measures that...more

Cozen O'Connor

New York Note – Housing Incentives, Rikers Island, Asylum Seekers

Cozen O'Connor on

Pro-Housing Communities Program- Gov. Hochul has announced a new Pro-Housing Communities Program, which will direct $650M in state discretionary funds to municipalities that commit to building more housing. “Pro-housing...more

Cozen O'Connor

New York Note – Legislative Session, Court of Claims, FEMA Funding

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The New York State Legislature has formally concluded session for 2023. Notably, the legislature and Governor Hochul failed to reach a compromise on the state’s affordable housing crisis. In the final hours of session, the...more

Cozen O'Connor

New York Note - Making New York Work for Everyone, Council Housing, Asylum Seeker Tuition

Cozen O'Connor on

Mayor Adams and Governor Hochul Launch “Making New York Work for Everyone”- Last Wednesday, Mayor Adams and Governor Hochul released “’New’ New York: Making New York Work for Everyone.” The plan consists of a set of 40...more

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