S T A T E O F N E W Y O R K
________________________________________________________________________
5949
2021-2022 Regular Sessions
I N A S S E M B L Y
March 2, 2021
___________
Introduced by M. of A. HAWLEY, WALSH, MANKTELOW, PALMESANO -- read once
and referred to the Committee on Housing
AN ACT to amend the private housing finance law, in relation to prefer-
ences under the affordable home ownership development program for
service related disabled veterans
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (a) of subdivision 3 of section 1112 of the
private housing finance law, as amended by chapter 898 of the laws of
1986, is amended to read as follows:
(a) Serve the lowest income households in the applicable region and is
designed to continue to be affordable to such households for a substan-
tial period of time[.] OR SERVE HOUSEHOLDS IN WHICH THE HOME BUYER IS A
SERVICE RELATED DISABLED VETERAN.
FOR PURPOSES OF THIS SECTION, "SERVICE RELATED DISABLED VETERAN" SHALL
MEAN A PERSON (I) WHO SERVED IN THE ACTIVE MILITARY, NAVAL, OR AIR
SERVICE, OR WHO WAS A RECIPIENT OF THE ARMED FORCES EXPEDITIONARY MEDAL,
NAVY EXPEDITIONARY MEDAL, MARINE CORPS EXPEDITIONARY MEDAL, OR GLOBAL
WAR ON TERRORISM EXPEDITIONARY MEDAL, AND WHO WAS DISCHARGED OR RELEASED
THEREFROM UNDER HONORABLE CONDITIONS, (II) HAS BEEN AWARDED A DISABILITY
RATING OF FORTY PERCENT OR HIGHER FROM THE FEDERAL VETERAN'S ADMINIS-
TRATION OR FROM THE UNITED STATES DEPARTMENT OF DEFENSE, WHERE THAT
DISABILITY WAS INCURRED IN LINE OF DUTY IN THE ACTIVE MILITARY, NAVAL OR
AIR SERVICE, AS DOCUMENTED ACCORDING TO RULES AND REGULATIONS TO BE
PROMULGATED BY THE DIVISION.
§ 2. This act shall take effect on the thirtieth day after it shall
have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01993-01-1