Bill > A07994

This bill amends the New York Public Authorities Law to authorize the Dormitory Authority of the State of New York (DASNY) to provide financing to the Dutchess Community College Association, Inc. specifically for residential housing projects on the Dutchess Community College campus. The bill allows the Dormitory Authority to finance or refinance a wide range of housing-related activities, including acquisition, design, construction, reconstruction, rehabilitation, improvement, furnishing, and equipping of residential facilities. By adding these provisions to two sections of the public authorities law (sections 1676 and 1680), the bill expands the Dormitory Authority's ability to support capital projects for this specific community college association. The legislation is designed to provide financial flexibility for developing student housing at Dutchess Community College, and it is set to take effect immediately upon becoming law.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7994