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A 7538 New York Assembly · 2025 Regular Session

Authorizes the state mortgage agency to purchase veterans' assisted forward commitment mortgages from banks within the state

Summary
Authorizes the state mortgage agency to purchase veterans' assisted forward commitment mortgages from banks within the state; requires the board of directors of the state mortgage agency to establish income limits for eligible veterans from time to time.
Issues: ✓ HousingSupports HousingBill enables state mortgage agency to purchase veterans' mortgages with income limits, targeting affordable housing access for veterans within housing policy framework.85% confidence ✓ VeteransSupports VeteransAuthorizes state to purchase veterans' mortgages, expanding housing benefits and establishing income limits for targeted veteran eligibility.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 1, 2025 Last action Jan 7, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO JUDICIARY
lower
Apr 1, 2025
Committee
REFERRED TO JUDICIARY
lower
1 primary · 2 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Steve Hawley
Steve Hawley
RRepublican
NY
139
Co
Photo of Dave McDonough
Dave McDonough
RRepublican
NY
14
Co
Photo of Joe DeStefano
Joe DeStefano
RRepublican/Conservative
NY
3