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March 2017 Government Affairs Update Archive

Government Affairs Update for March 31, 2017


New York State budget negotiations continue
With the budget due by Saturday, April 1, lawmakers have yet to reach a final agreement on several issues including “Raise the Age,” which would raise the age of criminal responsibility for 16 and 17 year olds, the authorization of ride hailing services like Uber and Lyft for Upstate, and state workers compensation program reform. NYSAR update the membership as the process continues.

NAR working with Congress to renew the National Flood Insurance program
On September 30, the National Flood Insurance Program will expire. The National Association of REALTORS is working closely with federal regulators and members of Congress to renew and strengthen the program, and clear the way for a private market to take hold. Learn more.

 
New York State announces $10 million available for Foreclosure Prevention Program 
New York Attorney General Eric Schneiderman has announced the availability of $10 million to combat foreclosure across New York. The funds are to be distributed to 90 nonprofits that provide legal assistance to homeowners facing foreclosure. Currently, there are 62,000 pending foreclosures in the state.  Click here for more details.    


NYSAR’s 2017 Lobby Day is Tuesday, May 23

NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will be from 8-9 a.m. with the welcome address and remarks commencing at 9 a.m.  Breakfast and lunch will be provided.  For more information, please contact NYSAR Government Affairs staff at 518-463-0300 ext. 216 or govt@nysar.com.  
  

Government Affairs Update for March 24, 2017


NYSAR launches Call for Action regarding NY First Home
On Monday, March 20, NYSAR launched a Call for Action asking state lawmakers to include NY First Home in the final state budget. This CFA is part of a final push by NYSAR as budget negotiations are expected to wrap up in the next week. Click here to visit the NY First Home website and sign the NY First Home online petition!

 
NYSAR’s 2017 Lobby Day is Tuesday, May 23
NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will be from 8-9 a.m. with the welcome address and remarks commencing at 9 a.m. Breakfast and lunch will be provided. For more information, please contact NYSAR Government Affairs staff at 518-463-0300 ext. 216 or govt@nysar.com.  

New York sees another decrease in population
New data released last week by the U.S. Census Bureau shows an estimated 73,000 people moved out of New York State between July 2015 and July 2016. That is nearly twice the figure for the previous two years.  Click here for more details on this population change.   
 
  
Albany and Buffalo both rank among top 10 metro areas for millennials
Last week, Realtor.com released a report ranking Buffalo 7th and Albany 8th among the top 60 metropolitan areas in the country for millennial home buying.  Click here for the full report.  
 

Government Affairs Update for March 17, 2017


NY First Home included in Senate Majority and IDC one-house budget resolutions
On Wednesday, March 15, the New York State Senate Majority and the Independent Democratic Conference (IDC) unveiled their one-house budgets, with both including the NY First Home Proposal. The Majority’s budget resolution was then voted upon and passed later that day. Joint Budget Conference Committees are expected to begin deliberations on Monday, March 20.  The budget is due by March 31, 2017.

 
NY First Home approved by Senate Housing Committee
On the legislative track, the NY First Home Proposal (S.4058), sponsored by Senator Betty Little, advanced out of the Senate Housing, Construction and Community Development Committee to the Senate Finance Committee.  Click here to visit the NY First Home website and to send an electronic message to your state legislator urging their support for the NY First Home proposal.

Legislature seeks repeal of STAR credit in budget
Both the New York State Assembly and Senate have included in their one-house budget resolutions a measure to repeal the STAR Credit program, which was enacted last year.  The STAR Credit program, which issues new homeowners with a check for the amount of their STAR benefit as opposed to an up-front exemption, has been met with resistance by lawmakers.  Proposed changes in this year’s budget would sunset the current credit program and return all homeowners back to the exemption program.Click here for more details on the STAR program.  
 
  
NYC Councilmember Rafael Espinal pushing city to lift cap on first-time homebuyer loan program
New York City Councilmember Espinal is formally asking the Department of Housing Preservation and Development increase the amount of grant money available to New Yorkers trying to buy their first home in the city.  Espinal is requesting the cap on the city’s HomeFirst Down Payment Assistance Program be increased from the current $15,000 to $100,000.  Click here for more information on this story.

Government Affairs Update for March 10, 2017


NY schools plan to stay under tax cap
Just 2 percent of the 648 school districts that reported their fiscal plans to the state Comptroller's office last week said they may seek an override, according to a report from the New York State Association of School Business Officials.  Click here for more details and to see what school districts are seeking to override the cap.

 
NYSAR advances New York First Home before members of the NYS Legislature 
Last week, NYSAR Government Affairs staff met with several legislators including Assembly Housing Chair Steven Cymbrowitz, as well as Jamaal Bailey, the ranking member of the Senate Housing, Construction And Community Development Committee, to advocate for the NY First Home program. The program, outlined in NYSAR’s 2017 Legislative Agenda, would allow individuals and couples to put aside money in a special savings account to be used only for upfront costs associated with purchasing a first home in New York State. Click here to visit the NY First Home website and to send an electronic message to your state legislator urging their support for the NY First Home proposal.

Governor Cuomo sets May 23 special election for Senate District 30 and Assembly District 9
On March 6, Gov. Andrew Cuomo issued a proclamation setting a May 23 special election date for the 30th Senate District and the 9th Assembly District.  The Senate election is to fill the seat vacated by former State Senator Bill Perkins who won a seat in the NYC Council. The State Assembly vacancy came as Assemblymember Joseph Saladino was appointed Supervisor of the Town of Oyster Bay.Click here for more information on the announcement.  

New York State announces $60 million to upgrade local drinking water and wastewater systems
On Thursday, the New York State Environmental Facilities Corporation Board of Directors approved nearly $60 million in grants and interest-free and low-cost loans to support drinking water and wastewater infrastructure projects across New York State. Click here to find out more information on the loans and grants awarded.   

NYS 2017-18 budget update
With a deadline of March 31, 2017, New York State budget negotiations continue. The state Senate and Assembly are expected to publish their respective one-house Budget Resolutions by early next week.  The Budget Resolutions will provide a framework of how the Senate and Assembly will accept, modify or omit various portions of the Governor’s Budget Proposal.  NYSAR will continue to keep the membership informed on the current status of the budget throughout the entire process.  

Government Affairs Update for March 3, 2017


Assembly votes to repeal STAR credit rebate program
Last week, the state Assembly passed legislation that would stop the NYS Department of Taxation and Finance from sending checks to new homeowners to cover a portion of their school-property-tax bill.  The bill would require the department to return to issuing the STAR credit as an up-front savings as opposed to issuing a rebate check for the STAR amount. Click here for more information. 

NY First Home lobby day results in additional bill sponsors
On March 1, REALTOR members from across the state travelled to the New York State Capitol in Albany to advocate for the passage of the NY First Home Program.  The efforts paid off with numerous Assemblymembers from the Ways and Means committee joining the bill as co-sponsors.  The bill now has 29 sponsors in the New York State Assembly. NYSAR's Lobby Day is scheduled for Tuesday, May 23, at the Hilton Albany. Please stay tuned for more details!    

NYS Senate and Assembly release revenue forecasts
On Tuesday, Feb. 28, the state Senate and Assembly released their economic and revenue forecasts for the upcoming fiscal year, with both projecting that there will be more revenues than Gov. Andrew Cuomo’s administration is predicting.  The Senate estimates that all funds tax revenues will be $354 million above the executive’s fiscal year 2017-18 projections, whereas the Assembly projects tax revenues of be $1.029 billion more than the executive’s forecast.  Click here for more details on the legislative revenue forecasts.  

NYSAR advances NY First Home before the Assembly Ways and Means Committee
Last week, NYSAR Government Affairs staff met with key staff from the New York State Assembly’s Ways and Means Committee advocating the NY First Home program. The program, outlined in NYSAR’s 2017 legislative priorities, would allow individuals and couples to put aside money in a special savings account to be used only for upfront costs associated with purchasing a first home in New York State.  Click here to visit the New York First Home website and to send an electronic letter to your State legislator urging their support for the NY First Home proposal.

Senate confirms Ben Carson for HUD
On March 2, the U.S. Senate confirmed Dr. Ben Carson to become secretary of the Department of Housing and Urban Development with a vote of 58-41. Carson will now be managing an agency with a nearly $50 billion budget and 8,000 employees who oversee most of the nation's affordable housing programs.  Click here for more details on the confirmation.  

 
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