Housing (Mortgages)

in committee · New York · Senate May 29, 2026

S 9514: Prohibits certain financial institutions from charging a fee based on the frequency of payments or for changing the frequency of mortgage payments

Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.

Topics ✓ HousingSupports HousingBill protects consumers from predatory mortgage fees, indirectly supporting affordable housing by reducing financial barriers for homeowners.75% confidence

Sub-Topics Mortgages

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in committee · New York · Assembly Mar 6, 2026

A 10449: Enacts the CareForce first-time homebuyers act

Establishes the CareForce first-time homebuyers program under which certain first-time homebuyers may receive below-market mortgage financing and forgivable down payment assistance.

Topics ✓ HousingSupports HousingBill establishes a first-time homebuyer program providing below-market financing and down payment assistance, directly advancing affordable housing access.90% confidence

Sub-Topics Affordable Housing Homeownership Mortgages

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in committee · New York · Assembly Mar 20, 2026

A 10665: Prohibits mortgagee from refusing to accept partial mortgage payments

Prohibits mortgagee from refusing to accept partial mortgage payments from a mortgagor which does not bring the mortgagor current on such mortgagor's mortgage debt.

Topics ✓ HousingSupports HousingBill protects homeowners from foreclosure by requiring lenders to accept partial payments, preventing loss of housing due to temporary financial hardship.85% confidence

Sub-Topics Mortgages

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in committee · New York · Senate May 12, 2026

S 9309: Enacts the "deed protection act"

Enacts the "deed protection act" in relation to prohibiting a mortgage banker or mortgage loan servicer from commencing, maintaining, or proceeding with a foreclosure action on a mortgage loan where such mortgage banker or mortgage loan servicer knows or has reason to know that the mortgage securing such loan is dependent on a deed, conveyance, or other instrument affecting title to residential real property that was procured by fraud, forgery, or other unlawful means.

Topics ✓ HousingSupports HousingPrevents banks from seizing property without verifying deed legitimacy, protecting homeowners from wrongful foreclosure due to institutional negligence.95% confidence

Sub-Topics Mortgages

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in committee · New York · Senate Feb 4, 2026

S 9120: Establishes the senior homeowner foreclosure and rehabilitation revolving loan program

Establishes the senior homeowner foreclosure and rehabilitation revolving loan program to permit the New York state mortgage agency to make low-interest loans, deferred payment loans, or forgivable loans, or a combination thereof, to eligible senior homeowners for eligible assistance; directs SONYMA to prioritize senior homeowners at imminent risk of foreclosure; properties with essential systems in need of immediate repair or replacement, including heating and boilers; and senior homeowners with documented financial hardship that limits their ability to maintain the property or make mortgage payments.

Topics ✓ HousingSupports HousingProvides low-interest loans to seniors at risk of foreclosure and for property repairs, preventing homelessness and stabilizing housing for vulnerable homeowners.95% confidence

Sub-Topics Homeownership Mortgages

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in committee · New York · Assembly Jan 21, 2026

A 9696: Establishes the USDA construction tax credit

Establishes the USDA construction tax credit for a percentage of the profit on any newly constructed home that is sold to someone qualifying with a USDA mortgage.

Topics ✓ Budget & TaxesSupports Budget & TaxesTax credit reduces taxes for builders selling USDA-qualified homes, providing tax relief for lower-income housing access, aligning with support indicators.95% confidence ✓ HousingSupports HousingTax credit incentivizes new construction for USDA mortgage qualifiers (low-income buyers), advancing affordable housing development through financial support for developers.95% confidence

Sub-Topics Tax Credits Tax Incentives Affordable Housing Mortgages

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in committee · New York · Assembly Jan 7, 2026

A 4445: Relates to tax lien foreclosure

Relates to tax lien foreclosure; establishes senior, disabled, and veteran homeowner real property tax assistance program; establishes installment plans for certain real property taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax assistance program for seniors/disabled/veterans and installment plans, providing relief to vulnerable homeowners and promoting accessible tax payment options.95% confidence ✓ HousingSupports HousingEstablishes tax assistance program for seniors/disabled/veterans to prevent foreclosure, protecting housing stability for vulnerable homeowners.90% confidence ✓ VeteransSupports VeteransBill explicitly creates a veteran homeowner tax assistance program, directly advancing veterans' financial support through property tax relief.95% confidence

Sub-Topics Property Tax Homeownership Mortgages Property Taxes

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in committee · New York · Assembly Mar 17, 2026

A 7708: Prevents fraudulent deed transfers

This bill requires that any deed transferring ownership of a home or property in New York must include clear, bold warning language stating that signing the deed transfers ownership, along with a notarized signature from the transferor. It also invalidates any deed transfer from a homeowner to a mortgage servicer as part of a mortgage modification. Failure to include the warning or secure the required signature is classified as a class E felony. The state banking department is authorized to investigate suspected fraudulent transfers under this law.

Topics ✓ HousingSupports HousingBill prevents fraudulent deed transfers, protecting homeowners' property rights by requiring clear warnings and notarization, directly addressing a key aspect of housing policy as defined.85% confidence

Sub-Topics Homeownership Mortgages

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signed · New York · Assembly Aug 26, 2025

A 7994: Authorizes the dormitory authority to provide financing to the Dutchess Community College Association, Inc. for the construction of facilities

Authorizes the dormitory authority to provide financing to the Dutchess Community College Association, Inc. for the construction of facilities for the purpose of financing or refinancing the acquisition, design, construction, reconstruction, rehabilitation, improvement, furnishing and equipping of, or otherwise providing for residential housing located on the campus of Dutchess Community College.

Topics ✓ EducationSupports EducationAuthorizes financing for college dormitory construction, enhancing higher education infrastructure and student housing access at Dutchess Community College.85% confidence ✓ HousingSupports HousingAuthorizes financing for residential housing construction on college campus, directly funding housing development85% confidence

Sub-Topics Mortgages

in committee · New York · Assembly Jan 7, 2026

A 787: Establishes the New York state first home grant program

Establishes the New York state first home grant program; directs the commissioner of homes and community renewal, in consultation with the state comptroller, to implement such program; provides assistance on behalf of a first time home buyer qualified for such program; and for costs in connection with the acquisition, involving an eligible mortgage loan, of an eligible home, including downpayment costs, closing costs, and costs to reduce the rates of interest on eligible mortgage loans; subsidies to make shared equity homes affordable to home buyers by discounting the price for which the home will be sold and to preserve the affordability of the home for subsequent home buyers; and pre-occupancy home modifications required to accommodate qualified home buyers or members of their household with disabilities; excludes the amount of any grant to any first time home buyer awarded or any federal first time home buyer grant program from taxable income for the purpose of calculating New York adjusted gross income.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes state-funded grant program for first-time homebuyers, allocating budget resources to cover housing costs, aligning with funding essential programs.90% confidence ✓ HousingSupports HousingEstablishes state grant program for first-time homebuyers covering down payment/closing costs to increase affordable housing access.95% confidence

Sub-Topics Audits & Accountability Mortgages

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