Loading chat...
NY S07863
Bill
Status
Introduced
1/3/2024
Primary Sponsor
Brian Kavanagh
Click for details
AI Summary
- Amends the Private Housing Finance Law, Section 1202, subdivision 3
- Increases the allowable administrative costs for the Access to Home program from 7.5% to 10% of the contract amount
- Eligible applicants may now spend up to 10% of the contract amount for approved administrative costs associated with administering the 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
COMMITTED TO RULES
6/7/2024
Committee Referrals
Rules6/7/2024
Housing, Construction, and Community Development1/3/2024
Full Bill Text
No bill text available