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NY A01625
Bill
Status
1/10/2025
Primary Sponsor
Michaelle Solages
Click for details
AI Summary
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Requires the Department of Law to establish the Homeowner Protection Program within one year to provide free housing counseling and legal services to homeowners facing threats to homeownership, including foreclosure prevention, deed fraud protection, and home equity preservation
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Authorizes grants to not-for-profit housing counseling organizations and legal services organizations to assist homeowners with loss mitigation, loan modifications, property tax and utility debt resolution, and foreclosure litigation representation
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Services must include assistance for homeowners victimized by deed fraud, predatory lending, abusive mortgage servicing, and property flipping schemes, including filing complaints with fair housing agencies
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Grants must ensure free housing counseling and legal services are available to homeowners in every county of the state, with program funding through annual appropriations
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Grant recipients must report to the Attorney General within 60 days after each one-year grant period, including an accounting of funds received and services provided
Legislative Description
Establishes the homeowner protection program; provides that the department of law shall establish the homeowner protection program to ensure the availability of free housing counseling and legal services to homeowners for the purposes of mitigating threats to homeownership; provides that the department of law shall provide grants to eligible not-for-profit housing counseling organizations and legal services organizations to provide services under the program.
Last Action
referred to ways and means
1/7/2026