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News
New York awards $18.6 million for downtown Albany projects
1+ week, 6+ day ago (501+ words) New York has awarded more than $18.6 million to 10 downtown Albany projects that are expected to create nearly 300 homes, reuse vacant office space and support historic and community properties. The awards are the first project grants through the state's $400 million Championing…...
New York pension fund reaches $309.7 billion after 6.12% quarterly return
3+ week, 4+ day ago (286+ words) The New York State Common Retirement Fund was valued at an estimated $309.7 billion after earning a 6.12% investment return during the first quarter of the 2026-27 state fiscal year, Comptroller Thomas DiNapoli said. The fund's estimated value was $295.4 billion on March 31, at…...
New York opens nearly $270 million funding round for affordable housing
1+ mon, 4+ week ago (174+ words) New York is accepting proposals for nearly $270 million in tax credits and subsidies intended to create or preserve about 1,800 affordable apartments across the state. The competitive funding round includes up to $58 million in federal low-income housing tax credits, $10 million in…...
New York passes seventh budget extender as negotiations inch forward
4+ mon, 2+ week ago (294+ words) New York lawmakers have once again pushed back the state budget deadline, approving a short-term extender that keeps government operations running while negotiations continue behind closed doors. The Legislature on Monday passed a seventh budget extender — nearly four weeks after…...
Hochul launches crackdown on insurance fraud with new statewide law enforcement training push
5+ mon, 5+ day ago (258+ words) Governor Kathy Hochul announced a new statewide initiative to combat insurance fraud, partnering the New York State Police with the Department of Financial Services to expand enforcement and reduce rising auto insurance costs. The plan centers on specialized training for…...
New York budget stalemate drags on as lawmakers approve yet another short-term extender
5+ mon, 1+ week ago (335+ words) New York still can’t pass a budget on time, and lawmakers now plan to keep the government running with another short-term fix, according to Spectrum News 1. Leaders will vote Tuesday on a weeklong budget extender to cover payroll and essential…...
How does New York's tax burden compare to other states?
5+ mon, 2+ week ago (175+ words) New York has the second-highest overall state tax burden in the nation, according to a 2026 WalletHub study released ahead of Tax Day. The report found New York residents pay 12.39% of their personal income toward state and local taxes, based on…...
Health coverage ending for 460K in New York
5+ mon, 3+ week ago (136+ words) Hundreds of thousands of New Yorkers will soon lose low-cost health coverage, according to the Ithaca Journal. The state will roll back an expanded Essential Plan after federal funding cuts, ending coverage for about 460,000 people on July 1. Officials say the…...
Hochul pushes changes to New York climate law, citing affordability concerns amid rising energy costs
5+ mon, 3+ week ago (569+ words) Gov. Kathy Hochul is calling for significant adjustments to New York’s landmark climate law, arguing that the state must balance aggressive emissions goals with the rising cost of energy for residents and businesses. In a policy statement released Friday, Hochul…...
Inflation refund checks now arriving for 8.2M New Yorkers
11+ mon, 2+ week ago (254+ words) New York’s inflation refund checks are hitting mailboxes starting today, giving up to $400 back to 8.2 million households. The program, part of Governor Kathy Hochul’s affordability push, requires no application—just a filed 2023 tax return and qualifying income. Eligibility depends on…...