Capital Region lawmakers optimistic about Hochul’s sweeping affordable housing actions

Capital Region lawmakers optimistic about Hochul’s sweeping affordable housing actions

After Gov. Kathy Hochul signed an executive order Tuesday to set aside $650 million in discretionary funds to spur the creation of affordable housing units throughout the state, local lawmakers are optimistic the new proposals could spur more development.  Hochul, a Democrat, in her state of the state address in January announced a major housing proposal to build 800,000 units of affordable housing within 10 years. After much debate with legislative leaders in their budget negotiations and end-of-session conversations, the proposal ultimately went nowhere and state lawmakers left in June without taking up the issue of affordable housing.  Following the…
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