Bill
Bill > A04554
NY A04554
NY A04554Enacts the New York state senior housing opportunities partnership act and establishes the New York state senior housing opportunities partnership authority; provides that such authority will finance or collaborate in the financing of senior housing opportunities facility projects.
summary
Introduced
02/04/2019
02/04/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Enacts the New York state senior housing opportunities partnership act and establishes the New York state senior housing opportunities partnership authority; provides that such authority will finance or collaborate in the financing of senior housing opportunities facility projects.
AI Summary
This bill enacts the New York State Senior Housing Opportunities Partnership Act and establishes the New York State Senior Housing Opportunities Partnership Authority. The authority will finance or collaborate in the financing of senior housing opportunities facility projects, which include rental and owner-occupied housing for seniors as well as related recreational, educational, and other facilities. The authority will have the power to issue bonds and notes, make loans, and provide credit enhancement to senior housing development corporations for these projects.
Committee Categories
Health and Social Services
Sponsors (5)
Last Action
referred to aging (on 01/08/2020)
Official Document
bill text
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