Bill
Bill > S09948
NY S09948
NY S09948Increases the New York state housing finance agency bonding authority to $36,280,000,000.
summary
Introduced
11/15/2024
11/15/2024
In Committee
11/15/2024
11/15/2024
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 New York State Housing Finance Agency's bonding authority from $31 billion to $36.28 billion, excluding bonds and notes issued to refund outstanding bonds and notes. The bill aims to expand the agency's ability to issue bonds and notes for various housing and community development projects, such as state university construction, hospitals and nursing homes, health facilities, youth facilities, community mental health services, and community senior citizens services.
Sponsors (1)
Last Action
REFERRED TO RULES (on 11/15/2024)
Taxonomy
Community Development and Housing Issues
- ‐ 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/S9948 | 11/15/2024 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S09948&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S09948 | 11/15/2024 |
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