LIA issues policy priorities for 2024

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By Dan Sears

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Expanding options for affordable housing, and for affordable childcare so it is available for all working families, are among the top policy priorities of the Long Island Association for 2024.

With this year’s list of priorities, the LIA, the region’s largest business group, partners with local, state and federal government to help solve challenges, and foster opportunities, through programs and investments, that are designed to spur economic growth.

“The LIA is laser focused on addressing our existential crisis of affordability, by increasing and diversifying our housing stock, ensuring high quality and accessible childcare that also addresses the poverty level wages for the workforce, and expanding the tax base through multi-billion dollar regional projects that create jobs and turbo charge economic growth,” Matt Cohen, LIA president and chief executive officer, said in a written statement to LIBN. Cohen is also chairman of the Child Care Council of Suffolk.

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The annoucnement of this year’s list comes at a time when “regional affordability is truly at a breaking point,” the LIA said in an introduction to its 2024 priorities. Long Islanders currently spend $700,000 on average to buy a home, shell out thousands of dollars on childcare and pay among the highest property taxes in the nation, the LIA pointed out.

The LIA is also advocating support for the Sands New York project at the Nassau Hub, the Midway Crossing at the Ronkonkoma Hub, and the modernization of Belmont Park. The organization is also in favor of moving forward with offshore wind and renewable energy projects that will create jobs and “decarbonize our energy mix,” the LIA said.

On the housing front, the LIA is advocating for the creation of more available, affordable homes for both younger and older adults. The push includes “providing incentives to municipalities, residents, and developers and streamline the environmental and permitting process for builders.”

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The organization opposes new taxes and fees on the business community, and is continuing its support for lifting the federal SALT cap before it expires in 2025 and ensure the expiration is permanent.

To generate economic return, the LIA is advocating for investments that expand the tax base and create jobs, including tax credits, capital grants and incentives through New York State Empire State Development and industrial development agencies. It also calls for support of the region’s small businesses and tourism industry, as well as growing the manufacturing and life sciences sectors.

In this year’s priorities, the LIA is advocating for programs and support that bolster the region’s infrastructure and inclusive economic growth that result in a more diverse workforce and innovation.

In addition, the priorities include support for schools, colleges and universities. The organization also called for support for the region’s non-for-profits to address food insecurity, homelessness, mental health issues and more.

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The full list of priorities is featured on the LIA website.

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