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NY A11320
Bill
Status
Passed
7/15/2010
Primary Sponsor
Vito Lopez
Click for details
AI Summary
- Amends subdivision 2 of section 1111 of the private housing finance law to expand the definition of "eligible applicant" for the affordable home ownership development program
- Adds public benefit corporations formed to assist particular municipalities with housing, community development, or renewal needs as eligible applicants
- Maintains existing eligible applicants including cities, towns, villages, housing development fund companies, not-for-profit corporations, charitable organizations, and municipal housing authorities
- Clarifies that counties may serve as eligible applicants when acting as administrators of programs or in other capacities permitted by law
- Takes effect immediately upon enactment
Legislative Description
Expands the definition of eligible applicant for the affordable home ownership development program to include a public benefit corporation formed to assist particular municipalities with their housing, community development or renewal needs.
Last Action
signed chap.202
7/15/2010
Committee Referrals
Rules6/15/2010
Rules6/7/2010
Housing6/2/2010
Full Bill Text
No bill text available