New York bills · 2025 Regular Session
New York A 7488
Authorizes the purchase of rehabilitation mortgages by the state of New York mortgage agency
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Michael Novakhov (Republican/Conservative)
Cosponsors (5)
- Alec Brook-Krasny (Republican/Conservative)
- Daniel Norber (Republican/Conservative)
- Kenneth Blankenbush (Republican)
- John K. Mikulin (Republican)
- Chris Tague (Republican)
Summary
Official abstract published by the New York legislature
Authorizes the state of New York mortgage agency to purchase rehabilitation mortgages from banks within the state during periods when there is an inadequate supply of credit available for new residential mortgages or available for such loans at carrying charges within the financial means of persons and families of low and moderate income.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · House
REFERRED TO HOUSING - Mar 28, 2025 · House
REFERRED TO HOUSING