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NY A10457

Bill

Status

Introduced

5/28/2024

Primary Sponsor

Carrie Woerner

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Allows home repairs related to habitability to be financed alongside accessibility improvements through the Access to Home program and Access to Home for Heroes program, provided repairs don't exceed 60% of the total grant or loan.

  • Increases the allowable administrative costs for eligible applicants from 7.5% to 10% of the contract amount for both the Access to Home program and Access to Home for Heroes program.

  • Repairs must be related to both the adaptation or retrofitting of eligible properties and the habitability of those properties to qualify for financing.

  • Takes effect 90 days after becoming law.

Legislative Description

Permits certain home repairs to be financed in conjunction with accessibility improvements through the access to home program.

Last Action

substituted by s9699a

6/4/2024

Committee Referrals

Rules6/4/2024
Ways and Means6/3/2024
Housing5/28/2024

Full Bill Text

No bill text available