Housing (Mortgages)

in committee · New York · Senate Jan 7, 2026

S 656: Establishes minimum regulations for the design and construction of new homes to provide visitability to such homes by persons with disabilities

S 656 requires new homes built with certain New York state or federal financial assistance to include basic accessibility features for people with disabilities. It mandates step-free entrances, 36-inch wide interior doors, environmental controls at accessible heights (15-48 inches above floor), and specific bathroom requirements including grab bar reinforcements and minimum clear floor space. The law applies to detached single-family homes, ground-floor townhouses, or ground-floor units in buildings with three or fewer units. Exclusions cover sites with physically unreasonable constraints and certain mortgage-backed loans (like FHA or Fannie Mae). Violations carry civil penalties of $50-$500 per offense.

Topics ✓ HousingSupports HousingMandates accessibility features in new homes receiving state/federal funding, promoting inclusive housing development and preventing disability-related housing discrimination.85% confidence

Sub-Topics Building Codes Mortgages Tags People with Disabilities

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in committee · New York · Senate Jan 7, 2026

S 5335: Enacts the "home mortgage bridge loan assistance act "

Enacts the "home mortgage bridge loan assistance act" to prevent avoidable home mortgage foreclosures by providing temporary bridge loan assistance; makes related provisions.

Topics ✓ HousingSupports HousingBill prevents foreclosures via bridge loans, protecting homeowners' property rights (a housing topic) by providing temporary financial assistance to avoid loss of housing.92% confidence

Sub-Topics Homeownership Mortgages Property Taxes

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in committee · New York · Senate Jan 7, 2026

S 125: Relates to evictions as the result of foreclosure

Provides that any landlord that is in mortgage foreclosure due to loss of rent payments cannot enter into a state of foreclosure until a court handling a special proceeding to recover rent resolves any rent issues.

Topics ✓ HousingSupports HousingBill requires court resolution of rent issues before foreclosure, preventing immediate tenant eviction due to non-payment during mortgage foreclosure. Strengthens tenant protections in housing context.90% confidence

Sub-Topics Mortgages Renters Tenant Rights

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in committee · New York · Assembly Jan 7, 2026

A 162: Relates to the provision of legal representation to certain persons in eviction, ejectment and foreclosure proceedings

Requires counties and/or cities to establish a plan for providing legal counsel to persons who are defendants or respondents in eviction, ejectment and foreclosure proceedings and who are financially unable to obtain counsel; defines eligible person as one whose gross individual income is not in excess of one hundred twenty-five percent of the federal income official poverty line; requires the state to match dollar for dollar the amount counties appropriate for their plans.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates state/local funding for legal aid in housing cases, increasing public service spending through required appropriations and state matching funds.90% confidence ✓ HousingSupports HousingProvides legal counsel in evictions for low-income tenants, strengthening tenant protections and preventing homelessness - directly supports housing stability95% confidence

Sub-Topics Mortgages Tenant Rights

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in committee · New York · Senate Jan 7, 2026

S 1264: Requires a mortgagor to provide notice of imminent foreclosure

This bill requires property owners (mortgagors) to notify current or prospective tenants about imminent foreclosure before renewing or signing a lease. Specifically, owners must send a copy of the foreclosure summons and complaint via certified mail at least two weeks prior to any lease action. Failure to provide this notice results in a $500 credit against the tenant's rent per violation. The law directly affects tenants facing potential displacement and property owners managing rental properties.

Topics ✓ HousingSupports HousingRequires foreclosure notice to tenants, preventing sudden displacement and providing rent credit for violations, directly strengthening tenant protections.90% confidence

Sub-Topics Landlords Mortgages Tenant Rights

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in committee · New York · Senate Jan 7, 2026

S 2375: Creates a veteran's home and land ownership loan program

Creates a veteran's home and land ownership loan program to provide loans to veterans to purchase homes or unimproved land suitable for building; requires such loans to be secured by a second mortgage.

Topics ✓ HousingSupports HousingBill creates veteran-specific home loan program, funding housing access through secured loans, aligning with housing support indicators.95% confidence ✓ VeteransSupports VeteransCreates loan program for veterans' home/land ownership, expanding access to housing benefits as a direct veteran service enhancement.95% confidence

Sub-Topics Homeownership Mortgages Veteran Housing

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in committee · New York · Senate Jan 7, 2026

S 2719: Relates to authorizing the city of Niagara Falls to add unpaid housing code violation penalties, costs and fines to such city's annual tax levy

This bill allows the city of Niagara Falls to add unpaid housing code violation penalties, costs, and fines to the city's annual property tax levy. It applies only to properties where violations were legally adjudicated by a court, remain unpaid for one year, and total at least 5% of the property's tax value. The bill excludes owner-occupied primary residences and requires the city to provide tenant relocation assistance if a rental property faces tax foreclosure due to unpaid violations. Property owners can still pay the debt directly, enter payment plans, or cure violations to avoid foreclosure. The city must notify property owners and follow specific notice and foreclosure procedures.

Topics ✓ HousingSupports HousingEnforces housing code compliance via tax levies, protects tenants with relocation assistance for rental properties facing foreclosure, aligns with tenant protection indicators.85% confidence

Sub-Topics Homeownership Mortgages Property Taxes

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in committee · New York · Assembly Jan 7, 2026

A 7488: Authorizes the purchase of rehabilitation mortgages by the state of New York mortgage agency

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.

Topics ✓ HousingSupports HousingAuthorizes state to purchase rehab mortgages to address credit shortages for low/moderate-income housing, directly advancing affordability through increased access to financing.95% confidence

Sub-Topics Housing Finance Mortgages

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in committee · New York · Assembly Jan 7, 2026

A 3045: Establishes the new American homebuyer assistance program within the state of New York mortgage agency

Establishes the New American homebuyer assistance program within the state of New York mortgage agency to assist first time homebuyers by imposing flexible documentation guidelines that take into account foreign documentation of income and assets.

Topics ✓ HousingSupports HousingCreates state program to assist first-time homebuyers with flexible documentation, advancing affordable housing access through new mortgage assistance.95% confidence ✓ ImmigrationSupports ImmigrationBill establishes homebuyer program with flexible foreign documentation guidelines for income/assets, directly aiding immigrants by removing barriers to state housing services and supporting integration.90% confidence

Sub-Topics Homeownership Mortgages

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in committee · New York · Assembly Jan 7, 2026

A 4893: Establishes the manufactured home community preservation act

Establishes the manufactured home community preservation act to provide financial and technical assistance, within funds available to counties, municipalities, rural preservation companies, and other non-profit housing organizations for their housing preservation efforts; provides that funds in the mortgage insurance fund can be used to provide financial support to local governments and eligible non-profit housing organizations.

Topics ✓ HousingSupports HousingProvides financial/technical assistance for manufactured home community preservation, directly funding affordable housing preservation efforts.95% confidence

Sub-Topics Historic Preservation Mortgages

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