After the state legislature failed to reach an agreement on housing, Kathy Hochul is doing things herself.
The governor signed a series of executive orders Tuesday, including a substitute tax benefit enabling partially completed projects to move forward, new incentives to encourage municipalities to prioritize housing development in the future, and a 421a replacement for specific projects in Gowanus, Brooklyn.
Hochul said she didn’t want to wait for lawmakers to return to Albany next year and work on her housing agenda before tackling the state’s housing crisis.
“We announced this bold plan and the legislature was not ready for it,” Hochul said Tuesday at the Powerhouse Arts Center in Gowanus. “I still believe we need a comprehensive solution to meet the scale of this housing crisis and we’re still pursuing it, but that does not mean we have to freeze in time trapped by inertia.”