Bill
Bill > S07770
NY S07770
NY S07770Establishes 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.
summary
Introduced
11/27/2023
11/27/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the private housing finance law, in relation to establishing the manufactured home community preservation act; and to amend the public authorities law, in relation to the distribution of funds in the mortgage insurance fund
AI Summary
This bill establishes the Manufactured Home Community Preservation Act, which provides financial and technical assistance to counties, municipalities, rural preservation companies, and other non-profit housing organizations for their housing preservation efforts. The bill also allows the funds in the Mortgage Insurance Fund to be used to provide financial support to local governments and eligible non-profit housing organizations to acquire the development rights or outright purchase of mobile home and manufactured home parks. This includes assisting with the relocation of residents and/or their mobile or manufactured homes to other locations within the state.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S7770 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07770&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07770 |
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