What was promised

Pass a Housing Compact to build 800,000 homes in 10 years via local zoning targets and a state override

What’s happened

Announced 2023 State of the State; the Legislature stripped the mandates and override in the FY24 budget. Hochul pivoted to voluntary incentives.

Evidence

• Hochul picks $1B "Hudson Landing" plan for Hell's Kitchen: 1,127 homes, 338 affordable, new Intrepid park
  Governor's Office / Commercial ObserverJul 15, 2026
• Hochul housing plan hits record ~22,000 affordable homes in a year
  Governor's OfficeFeb 1, 2026