NY A04445

Expands homeowner bill of rights protections to include heirs, contract purchasers, and successors in interest occupying a property as their primary residence, and ensures homeowners receive surplus funds from foreclosure sales ahead of secured creditors

Requires all tax lien foreclosures to be judicial proceedings and mandates pre-foreclosure settlement conferences before any foreclosure action can commence against primary resident homeowners

Establishes mandatory repayment plan options of 12, 18, 24, or 36 months for homeowners with tax delinquencies between $500 and $30,000, with local jurisdictions able to increase the $30,000 threshold

Creates a new senior, disabled, and veteran homeowner real property tax assistance program administered by social services districts, with benefits excluded from income calculations for taxes and public assistance eligibility

Requires all local taxing jurisdictions to offer quarterly installment payment plans for property taxes beginning in fiscal years starting in calendar year 2026