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Bill

A 331

Authorizes cities and towns, except New York city, to establish community housing funds

2025 Regular Session Introduced by Didi Barrett and 10 co-sponsors

Authorizes cities and towns outside NYC to create community housing funds to support local housing programs, with state budget oversight; NYC excluded.

REPORTED REFERRED TO WAYS AND MEANS
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WeVote Research Nonpartisan
Bill Summary · A 331

Summary of New York Assembly Bill A 331

Quick overview

  • Bill number: A 331
  • Title: Authorizes cities and towns, except New York City, to establish community housing funds
  • Introduced: January 8, 2025
  • Status: REPORTED REFERRED TO WAYS AND MEANS
  • Classification: Bill

A 331 would empower municipalities outside New York City to create and operate community housing funds. The bill explicitly excludes New York City from its scope.

What the bill would do

  • Authorize cities and towns (outside NYC) to establish “community housing funds.”
  • The referenced concept suggests the creation of dedicated funds to support housing-related programs, infrastructure, or financing, though the specific uses, governance, and administration are not detailed in the information provided.
  • By routing authority through Ways and Means, the bill signals potential fiscal implications and oversight of funding mechanisms.

Who would be affected

  • Primary beneficiaries: Municipalities (cities and towns) outside New York City that choose to establish a community housing fund.
  • Residents and housing programs: Individuals and organizations benefiting from municipal housing programs funded by these new community housing funds (e.g., affordable housing initiatives, housing preservation, or related services) would be indirectly affected.
  • New York City would not be covered by this legislation.

Legislative history and current status

  • Initial referral: January 8, 2025 — Referred to Local Governments
  • Subsequent referrals: April 30, 2025 — Referred to Codes (twice listed); May 20, 2025 — Referred to Ways and Means (twice listed)
  • Current status: Reached the stage of being reported and referred to the Ways and Means committee, indicating consideration of any fiscal impact and budgetary implications.

Sponsorship and related bills

  • Primary sponsor: Didi Barrett
  • Cosponsors:
    • Sarahana Shrestha
    • Nikki Lucas
    • Dana Levenberg
    • Tommy Schiavoni
    • Carrie Woerner
    • Steven Otis
    • William Conrad
    • David Weprin
    • Jen Lunsford
    • Jeffrey Dinowitz
  • Related bills:
    • A 7496 (prior-session)
    • S 572 (companion) — Senate companion bill

Potential impact and considerations

  • Fiscal implications: As a Ways and Means matter, the bill would likely address budgetary or funding mechanisms for the proposed community housing funds. Details on funding sources, administration, matching funds, or oversight would be found in the full text.
  • Policy considerations: The bill aims to broaden municipal capacity to support housing initiatives outside NYC, potentially diversifying local housing finance options.
  • Implementation questions: How funds are governed (board structure, eligible uses, reporting), and how funds interact with state housing programs would be clarified in the implementing provisions.

Next steps

  • Review the full text to understand specific provisions, permissible uses, governance structures, funding mechanisms, and reporting requirements.
  • Monitor for committee hearings and potential amendments in Ways and Means.
  • Consideration in conjunction with related bills (A 7496 and Senate companion S 572) for alignment and broader policy impact.

Compiled from official sources — confirm details with the bill’s official record.

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