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NY A08600

Bill

Status

Introduced

1/12/2024

Primary Sponsor

Carrie Woerner

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends section 1202 of the private housing finance law to increase the permitted spending on approved administrative costs for the access to home program
  • Raises the maximum allowable administrative cost spending from 7.5% to 10% of the contract amount
  • Applies to eligible applicants administering the access to home program
  • Takes effect immediately upon enactment

Legislative Description

Increases the amount an eligible applicant may spend for approved administrative costs associated with administering the access to home program.

Last Action

reported referred to ways and means

2/27/2024

Committee Referrals

Ways and Means2/27/2024
Housing1/12/2024

Full Bill Text

No bill text available