Bill
Bill > A10345
NY A10345
NY A10345Increases the New York state housing finance agency bonding authority to $34,380,000,000.
summary
Introduced
05/17/2024
05/17/2024
In Committee
06/03/2024
06/03/2024
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 increasing the New York state housing finance agency bonding authority
AI Summary
This bill amends the Private Housing Finance Law to increase the bonding authority of the New York State Housing Finance Agency from $31.2 billion to $34.38 billion, excluding bonds and notes issued to refund outstanding bonds and notes. The increase in bonding authority will allow the agency to issue more bonds and notes to fund its corporate purposes, which include various housing, healthcare, and community services projects.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (1)
Last Action
Companion passed 2025-01-27 (on 01/27/2025)
Taxonomy
Community Development and Housing Issues
- ‐ General Housing and Community Development
- ‐ Housing and Real Estate Finance
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A10345 | 05/18/2024 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10345&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10345 | 05/18/2024 |
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