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Bill > A10345


NY A10345

NY A10345
Increases the New York state housing finance agency bonding authority to $34,380,000,000.


summary

Introduced
05/17/2024
In Committee
06/03/2024
Crossed Over
Passed
Dead
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

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