NY A07209

Extends the expiration date from July 23, 2023 to July 23, 2025 for multiple chapters of law relating to the New York State Housing Finance Agency and State of New York Mortgage Agency's authority to finance multi-family housing.

Increases the bond issuance limit for the State of New York Mortgage Agency from ten billion two hundred million dollars to ten billion seven hundred twenty million dollars under subdivision 1 of section 2407.

Extends the deadline for issuing bonds and purchasing mortgages under subdivision 2 of section 2407 from July 23, 2023 to July 23, 2025, maintaining the one billion five hundred million dollar limit for those obligations.

Extends expiration dates in seven separate prior legislative chapters (514 of 1983, 396 of 1984, 915 of 1982, 555 of 1989, 172 of 2002, 208 of 2010, and 246 of 2010) from 2023 to 2025, allowing their provisions to remain in effect for two additional years.

Takes effect immediately upon enactment.