Establishes a fund for creating affordable housing for veterans and seniors in New York.

The bill establishes the "affordable housing for veterans and seniors fund" in the joint custody of the commissioner of taxation and finance, the New York state director of veterans' affairs, and the comptroller. It allows individuals to contribute to this fund through their personal income tax returns, starting from tax year 2027. The fund will receive all moneys from these contributions and will be used exclusively for creating affordable housing for veterans and seniors. The director of the state division of veterans' affairs must ensure that all funds are expended each fiscal year.

Establishes a fund for creating affordable housing for veterans and seniors in New York.

The bill establishes the "affordable housing for veterans and seniors fund" in the joint custody of the commissioner of taxation and finance, the New York state director of veterans' affairs, and the comptroller. It allows individuals to contribute to this fund through their personal income tax returns, starting from tax year 2027. The fund will receive all moneys from these contributions and will be used exclusively for creating affordable housing for veterans and seniors. The director of the state division of veterans' affairs must ensure that all funds are expended each fiscal year.