New York 2025-2026 Regular Session

New York Senate Bill S09355

Introduced

3/4/26

Refer

3/4/26

Caption

Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.

Impact

Should this bill be enacted, it would facilitate the construction of more residential facilities, potentially improving the student housing situation at D'Youville University. The bill underscores the role of state authorities in financing educational infrastructure, which could be seen as a strategic move to bolster educational opportunities within the state. This can also have broader implications for other educational institutions looking to improve their housing facilities through similar financing avenues.

Summary

Bill S09355 seeks to amend the public authorities law to empower the dormitory authority to provide financing to D'Youville Housing Association LLC. This financing is intended for the purpose of acquiring, designing, constructing, and rehabilitating residential housing facilities located on the campus of D'Youville University. The bill aims to support educational institutions in enhancing their housing capabilities, which can play a significant role in attracting and retaining students, thus impacting the local economy positively.

Contention

While the bill appears to be straightforward in its objective, potential points of contention may arise regarding the allocation of state funds and the financial terms of the financing agreement. Stakeholders may debate the effectiveness of using state resources to benefit a specific institution and whether this could set a precedent for similar arrangements with other universities. Concerns about equity and the prioritization of public funds for educational infrastructure in a broader context may also be discussed in legislative circles.

Companion Bills

NY A10602

Same As Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.

Previously Filed As

NY A10602

Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.

NY A10470

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities.

NY S07687

Authorizes the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities.

NY A08374

Authorizes the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities.

NY S08839

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island.

NY A09590

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island.

NY A07994

Authorizes the dormitory authority to provide financing to the Dutchess Community College Association, Inc. for the construction of facilities for the purpose of financing or refinancing the acquisition, design, construction, reconstruction, rehabilitation, improvement, furnishing and equipping of, or otherwise providing for residential housing located on the campus of Dutchess Community College.

NY S07364

NY A08866

Authorizes the dormitory authority to provide Erie County with construction, reconstruction, development, improvement, equipping, and expansion services of infrastructure, public areas, and/or a facility or facilities and necessary ancillary and related facilities.

NY S08881

Authorizes the dormitory authority to provide additional services to local governments and the department of environmental conservation.

Similar Bills

No similar bills found.