Establishes an employer-assisted housing match grant program for nonprofit employees in New York.
The bill creates an employer-assisted housing match grant program for certain nonprofit employees in New York. Eligible employees include those working in care workforce positions, with household incomes not exceeding 150% of the area median income, and residing in New York. Eligible employers are nonprofit agencies funded by specific state offices. The program matches employer contributions for housing costs, including security deposits, first month's rent, emergency rental arrears, or down payments and closing costs for a primary residence.
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