NYC Council Introduction 164

intro.nyc/0164-2024 2024-2025 Legislative Session Mayor's Desk for Signature
Posting of community impact reports for city-subsidized economic development projects.
Sponsored by Amanda Farías
Introduced: February 28, 2024

This bill would require the New York City Economic Development Corporation to prepare and post community impact reports for economic development projects receiving $4 million or more in city subsidies. These reports would need to be submitted to the Mayor and Speaker and posted online at least 15 days before final project agreements are executed. The reports would include information on potential resident and business displacement, job creation estimates, housing impacts, and for projects in highly distressed areas, an additional analysis of job training opportunities, local investment, and wage impacts.

Approved by Committee July 14, 2025

Committee on Economic Development Votes 4:0:0
Amanda Farías (Affirmative)
Alexa Avilés (Absent)
Erik D. Bottcher (Absent)
Jennifer Gutiérrez (Affirmative)
Kevin C. Riley (Medical)
Rafael Salamanca, Jr. (Affirmative)
Inna Vernikov (Affirmative)

Approved by Council July 14, 2025

Votes 42:0:0
Adrienne E. Adams (Affirmative)
Diana I. Ayala (Absent)
Shaun Abreu (Affirmative)
Joann Ariola (Affirmative)
Alexa Avilés (Affirmative)
Chris Banks (Affirmative)
Erik D. Bottcher (Affirmative)
Justin L. Brannan (Affirmative)
Gale A. Brewer (Affirmative)
Selvena N. Brooks-Powers (Affirmative)
Tiffany Cabán (Affirmative)
David M. Carr (Absent)
Carmen N. De La Rosa (Affirmative)
Eric Dinowitz (Affirmative)
Amanda Farías (Affirmative)
Simcha Felder (Affirmative)
Oswald Feliz (Affirmative)
James F. Gennaro (Medical)
Jennifer Gutiérrez (Affirmative)
Shahana K. Hanif (Medical)
Kamillah Hanks (Affirmative)
Robert F. Holden (Affirmative)
Crystal Hudson (Affirmative)
Rita C. Joseph (Affirmative)
Shekar Krishnan (Affirmative)
Linda Lee (Affirmative)
Farah N. Louis (Affirmative)
Kristy Marmorato (Affirmative)
Christopher Marte (Absent)
Darlene Mealy (Affirmative)
Julie Menin (Affirmative)
Frank Morano (Affirmative)
Francisco P. Moya (Medical)
Mercedes Narcisse (Affirmative)
Sandy Nurse (Affirmative)
Chi A. Ossé (Affirmative)
Vickie Paladino (Affirmative)
Keith Powers (Absent)
Lincoln Restler (Affirmative)
Kevin C. Riley (Affirmative)
Carlina Rivera (Affirmative)
Yusef Salaam (Affirmative)
Rafael Salamanca, Jr. (Affirmative)
Pierina Ana Sanchez (Affirmative)
Lynn C. Schulman (Affirmative)
Althea V. Stevens (Affirmative)
Sandra Ung (Absent)
Inna Vernikov (Absent)
Nantasha M. Williams (Affirmative)
Julie Won (Affirmative)
Susan Zhuang (Affirmative)