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Suffolk Reporter

Saturday, April 27, 2024

Senator Palumbo and Colleagues Advocate for Homeowner Protection and Housing Solutions

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State Senator Anthony Palumbo, District 1 | Official U.S. Senate headshot

State Senator Anthony Palumbo, District 1 | Official U.S. Senate headshot

New York State Senator Anthony Palumbo (R,C-New Suffolk) and Senator Mario Mattera (R,C-Smithtown) have put forward a series of legislative proposals aimed at addressing the housing crisis and protecting homeowners from the issue of squatters. The comprehensive package of legislation includes measures to incentivize home ownership, improve access to affordable housing options, and combat the problem of squatters.

Senator Palumbo highlighted the pressing nature of the housing crisis, stating, "The housing crisis is a real issue here on Long Island and across the state due to a lack of housing stock, which continues to drive up home and apartment prices and the growing problem of squatters." He emphasized the need for action to make homeownership more affordable and protect property rights, expressing pride in his past efforts to provide workforce housing and a commitment to pursuing common-sense solutions.

Senator Mattera echoed these sentiments, acknowledging the significance of owning a home as the American Dream while recognizing the nightmare that squatting has become for many. He stated, "The aggressive legislation I have introduced will protect homeowners by providing them with a mechanism to quickly remove squatters and give the police the tools they need to assist victims."

The legislative package unveiled includes a range of proposals designed to support homeowners and address the housing crisis. These measures encompass tax credits and incentives, the removal of regulatory burdens, and support for new construction and housing improvements. Specific initiatives within the package aim to create tax credits for first-time homebuyers, provide property tax relief for home renovations, establish housing infrastructure tax credits, incentivize the installation of manufactured homes, and ensure means-testing for rent-regulated housing.

Additionally, the package includes provisions to create a Local Housing Task Force, extend the 421-a tax incentive for developers, define squatting as criminal trespass, and expedite the eviction process for property owners dealing with squatters.

In summary, Senator Palumbo, Senator Mattera, and their colleagues in the Senate Republican Caucus are advocating for comprehensive measures to address the housing crisis, promote affordable homeownership, and protect property owners from the challenges posed by squatters.

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