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Bill > A07610


NY A07610

NY A07610
Relates to the powers of the New York state housing finance agency.


summary

Introduced
05/19/2021
In Committee
06/02/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the private housing finance law, in relation to the powers of the New York state housing finance agency and an increase in bond and note authorization; to amend chapter 514 of the laws of 1983 amending the private housing finance law and the real property tax law relating to the powers of the New York state housing finance agency and the New York city housing development corporation to finance certain multi-family housing, in relation to the effectiveness thereof; to amend chapter 396 of the laws of 1984 amending the private housing finance law and the real property tax law relating to the powers of the New York state housing finance agency to finance certain multi-family housing, in relation to the effectiveness thereof; to amend chapter 915 of the laws of 1982 amending the public authorities law relating to the powers of the state of New York mortgage agency, in relation to the effectiveness thereof; to amend the public authorities law, in relation to the powers of the state of New York mortgage agency; to amend chapter 555 of the laws of 1989 amending the public authorities law and other laws relating to establishing a New York state infrastructure trust fund, in relation to the effectiveness thereof; to amend chapter 172 of the laws of 2002, amending the public authorities law relating to the powers of the state of New York mortgage agency, in relation to the effectiveness thereof; to amend chapter 208 of the laws of 2010 amending the public authorities law relating to the powers of the state of New York mortgage agency, in relation to the effectiveness thereof; and to amend chapter 246 of the laws of 2010 amending the public authorities law relating to the powers of the state of New York mortgage agency, in relation to the effectiveness thereof

AI Summary

This bill amends the Private Housing Finance Law to increase the bond and note authorization for the New York State Housing Finance Agency from $29.28 billion to $31.28 billion, excluding bonds and notes issued to refund outstanding bonds and notes. The bill also extends the expiration dates of various provisions related to the powers and authorities of the New York State Housing Finance Agency, the New York City Housing Development Corporation, and the State of New York Mortgage Agency until July 23, 2023.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (4)

Last Action

substituted by s6975 (on 06/03/2021)

bill text


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