Hochul's SEQR Reforms Boost Affordable Housing
from Albany News Today | 2 Min News | The Daily News Now!
New York Governor Kathy Hochul proposes changes to the states environmental review process in her budget plan, aiming to expedite affordable housing projects. Her proposal targets the State Environmental Quality Review (SEQR) by bypassing additional reviews for low-impact projects, while maintaining environmental standards. Hochul also suggests a shot clock for reviews to increase predictability. Affordable housing leaders support the reform, arguing it addresses misuse of the current system to stall developments. The state Senate has a similar SEQR tweak, while the Assembly has not made changes. Additionally, a $150 million fund is proposed to assist existing affordable properties with repairs and upgrades. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/9126e79d7fd6dcfe
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