NY A08571

Extends the expiration date of various housing finance powers from July 23, 2025 to July 23, 2027 for the New York State Housing Finance Agency, New York City Housing Development Corporation, and State of New York Mortgage Agency

Increases the bond limit for the State of New York Mortgage Agency from $10.72 billion to $10.92 billion for tax-exempt bonds and notes

Raises the cap on taxable bonds, notes, and obligations from $1.5 billion to $1.95 billion

Increases the amount of bond proceeds that can be blended for mortgage purposes from $1 billion to $2.4 billion

Continues authorization for multi-family housing financing programs and infrastructure trust fund provisions through the extended date