---
type: "Bill"
title: "Enacts the \"housing affordability, resiliency, and energy efficiency investment act of 2023\""
description: "Enacts the \"housing affordability, resiliency, and energy efficiency investment act\"; relates to the modernization of affordable housing financing authorities that authorize financing for the construction and rehabilitation of affordable housing."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2023-2024"
identifier: "S 2985"
citation: "New York S 2985 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian Kavanagh"]
version_count: 4
action_count: 19
vote_count: 4
first_action: "2023-01-26"
last_action: "2023-10-23"
source: "openstates"
source_identifier: "ocd-bill/6d4c0631-0c7c-4ca6-bcd3-c3dd84936bfd"
source_url: "http://www.nysenate.gov/legislation/bills/2023/S2985"
source_hash: "b0a46fa1f39f7cccbba53266297c2bf5676d45bf4b2f92a504a37a94c08226e7"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 2985 (2023-2024) — Enacts the "housing affordability, resiliency, and energy efficiency investment act of 2023"

Enacts the "housing affordability, resiliency, and energy efficiency investment act"; relates to the modernization of affordable housing financing authorities that authorize financing for the construction and rehabilitation of affordable housing.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S2985** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S2985&term=2023&Text=Y)
2. **S2985A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S2985A)
3. **S2985B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S2985B)
4. **S2985C** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S2985C)

## Votes

- Rules Vote - Version: C — **20–1** (pass) · upper
- Assembly Vote — **144–0** (pass) · lower
- Floor Vote - Version: C — **52–11** (pass) · upper
- Housing, Construction And Community Development Vote - Version: B — **10–1** (pass) · upper

## Sponsors

- Brian Kavanagh — primary (person)
- Cordell Cleare — cosponsor (person)
- Luis R. Sepúlveda — cosponsor (person)
- Nathalia Fernandez — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-01-26** REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT `referral-committee`
- **2023-04-19** AMEND (T) AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT `amendment-passage, referral-committee`
- **2023-04-19** PRINT NUMBER 2985A `amendment-passage`
- **2023-05-08** AMEND AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT `amendment-passage, referral-committee`
- **2023-05-08** PRINT NUMBER 2985B `amendment-passage`
- **2023-05-15** REPORTED AND COMMITTED TO FINANCE `referral-committee`
- **2023-05-15** AMEND AND RECOMMIT TO FINANCE `amendment-passage, referral-committee`
- **2023-05-15** PRINT NUMBER 2985C `amendment-passage`
- **2023-06-08** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
- **2023-06-08** ORDERED TO THIRD READING CAL.1801
- **2023-06-09** PASSED SENATE `passage`
- **2023-06-09** DELIVERED TO ASSEMBLY
- **2023-06-09** REFERRED TO HOUSING `referral-committee`
- **2023-06-20** SUBSTITUTED FOR A6655A
- **2023-06-20** ORDERED TO THIRD READING RULES CAL.865
- **2023-06-20** PASSED ASSEMBLY `passage`
- **2023-06-20** RETURNED TO SENATE
- **2023-10-13** DELIVERED TO GOVERNOR `executive-receipt`
- **2023-10-23** SIGNED CHAP.535 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6d4c0631-0c7c-4ca6-bcd3-c3dd84936bfd`. Confidence: reported (aggregated from official New York legislature records).