Authorizes the purchase of construction mortgages by the state of New York mortgage agency
Summary
Authorizes the state of New York mortgage agency to purchase construction 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
Jan 14, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
1 primary · 1 co-sponsor
Sponsors
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