Establishment of community hiring and compensation standards for city-assisted housing development projects.

Summary

This bill would require housing developers of certain housing development projects that receive city financial assistance to pay their workers a minimum combined wage and essential benefits package of at least $40 per hour with no less than $25 of that package being wages. It would also require such developers to engage in best efforts to ensure that at least 30 percent of the workers on such housing development projects are residents of New York City. Furthermore, this bill would require the Department of Housing Preservation and Development to provide a model community hiring plan to developers, maintain and update a public database of ongoing projects, and issue annual reporting of violations of this law. This bill would require the comptroller to enforce its requirements as well as provide for a private right of action for aggrieved workers.

Committee