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New York State Legislature is considering a bill (S6378/A2747) that would expand prevailing wage requirements to more private construction projects receiving public funding.

The bill lowers the threshold for prevailing wage requirements from 30% public funding to 20%, potentially increasing housing construction costs.

Studies suggest prevailing wage mandates can increase development costs by 13% to 30%, hindering affordable housing development.

While aiming to support workers, the bill may exacerbate the housing crisis by making projects more expensive and limiting construction.

Even as New Yorkers struggle with a skyrocketing cost of living and an affordable housing crisis, the New York State Legislature is considering a bill that would make it even more expensive

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