Affordable housing advocate pushes for Hochul’s SEQR reforms

AI Briefing

• – Key points of Gov. Hochul's SEQR reforms include increasing funding for affordable housing, streamlining the approval process, and requiring community benefits agreements.
• – The proposed reforms aim to address the state's affordable housing shortage, with Hochul's budget allocating $15 billion to support affordable housing initiatives.
• – The changes also include new rules for large developments, requiring them to provide a certain percentage of affordable units and community facilities.