Project Drive Inc.
Project Drive Inc.
Driving the Dream · Est. 2002
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May 19, 2026
Housing

NY Court Upholds Affordable Housing Tax Benefits

State appeals court rules tax incentives for affordable housing development are constitutional.

New York's affordable housing tax benefit—a tool that encourages developers to build homes for lower-income New Yorkers—will continue. The state appeals court rejected a challenge that could have eliminated the program, protecting an important mechanism for expanding housing access in a state where affordability remains a critical need.

The Dispatch

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Housing
NY

Housing Affordability Crisis Deepens Across NY-NJ Region

Migration patterns and price surges are intensifying housing challenges on both sides of the Hudson.

As New Jersey home prices climb nearly 6% amid migration from NYC, the regional housing crisis is reshaping communities across the tri-state area. Real estate shifts reflect a larger truth: families and workers across New York and New Jersey need more affordable homes. Nonprofits and policymakers must work together to expand supply and protect renters and first-time buyers.

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