"NY Governor Abandons Zoning Overrule Plan, Raising Concerns for 2024 Elections"

New York Governor Kathy Hochul has dropped her plan to pass legislation mandating housing growth in individual communities, citing the upcoming election season and the lack of political benefit. The proposed "New York Housing Compact" aimed to build 800,000 new homes and affordable housing over the next decade, but faced opposition from lawmakers and local leaders who opposed Albany's involvement in local zoning. Hochul, who is focused on regaining congressional seats for Democrats in the upcoming elections, will instead use her executive powers to address the state's housing crisis.