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S 5790 New York Senate · 2025 Regular Session

Establishes the New York student loan assistance and home purchase act

Summary
Establishes the "New York student loan assistance and home purchase act" for the purposes of facilitating the purchase of homes by individuals who are burdened by student debt, by providing financing opportunities for the consolidation of student debt into a mortgage.
Issues: ✓ HousingSupports HousingBill enables home purchase for student debt holders by consolidating debt into mortgages, directly addressing a key barrier to affordable housing access and promoting homeownership.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 3, 2025 Last action Jan 7, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
3
Jan 7, 2026
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
May 13, 2025
Committee
REPORTED AND COMMITTED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
upper
Mar 3, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Luis Sepúlveda
Luis Sepúlveda
DDemocratic
NY
32