1. Establishes the SPEED Task Force
The order creates an interagency Streamlining Procedures to Expedite Equitable Development (SPEED) Task Force, co‑chaired by the Deputy Mayor for Housing and Planning and the Deputy Mayor for Operations, or their designees. Membership includes representatives from major mayoral agencies involved in permitting, planning, construction, environmental review, and project financing.

2. Expands Participation to State and Utility Entities
The Co‑Chairs may invite participation from State agencies, public authorities, and utility providers, including the Metropolitan Transportation Authority, Con Edison, National Grid, PSE&G, and the New York State Department of Environmental Conservation. This allows the Task Force to coordinate across City, State, and utility‑level processes that affect housing production.

3. Assigns Core Duties to the SPEED Task Force
The Task Force must:

• identify policies and procedures — City and non‑City — that slow affordable housing production, including pre‑ and post‑construction approvals, financing, and marketing;
• develop and recommend strategies to streamline these processes;
• deliver an initial set of recommendations within 100 days of the order;
• convene regularly to monitor implementation and propose additional strategies.

These duties create a time‑bound mandate and an ongoing procedural role for the Task Force.

4. Sets an Expiration Date
The order takes effect immediately and remains in force until December 31, 2030, at which point it is deemed revoked.