Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 22, 2021 |
signed chap.777 |
Dec 10, 2021 |
delivered to governor |
Jun 02, 2021 |
returned to senate passed assembly ordered to third reading rules cal.310 substituted for a4341a |
Jun 02, 2021 |
substituted by s3372 rules report cal.310 reported |
May 26, 2021 |
reported referred to rules |
Apr 27, 2021 |
reported referred to ways and means |
Mar 30, 2021 |
print number 4341a |
Mar 30, 2021 |
amend and recommit to housing |
Feb 01, 2021 |
referred to housing |
Assembly Bill A4341A
Signed By Governor2021-2022 Legislative Session
Sponsored By
WALKER
Archive: Last Bill Status Via S3372 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
Jeffrion Aubry
Inez E. Dickens
N. Nick Perry
Charles Barron
multi-Sponsors
Andrew Hevesi
2021-A4341 - Details
2021-A4341 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4341 2021-2022 Regular Sessions I N A S S E M B L Y February 1, 2021 ___________ Introduced by M. of A. WALKER, AUBRY, DICKENS, PERRY, BARRON, WILLIAMS, COLTON, NIOU, DE LA ROSA, SIMON, COOK, ENGLEBRIGHT, JEAN-PIERRE, TAYLOR, CRUZ, EPSTEIN, RODRIGUEZ -- Multi-Sponsored by -- M. of A. HEVESI -- read once and referred to the Committee on Housing AN ACT to amend the private housing finance law, in relation to afforda- ble housing corporation grants THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 1112 of the private housing finance law, as amended by chapter 64 of the laws of 2012, is amended to read as follows: 1. Within the limit of funds available in the affordable housing development account, the corporation is hereby authorized to enter into contracts with eligible applicants to provide grants which such appli- cants shall use to finance affordable home ownership development programs subject to the terms and conditions of this article. Any grants received by a municipality hereunder shall not be deemed to be municipal funds. Grantees shall utilize funds provided pursuant to this article solely as payments, grants and loans to owners to reduce the costs of new construction, rehabilitation or home improvement or the cost of acquisition, but only where such acquisition is part of an affordable home ownership development program or project to construct or rehabili- tate homes, or as otherwise authorized by law. Such financial assistance may be in the form of loans, participation in loans including but not limited to participation in loans originated or financed by lending institutions as defined in section forty-two of this chapter, private or public employee pension funds or the state of New York mortgage agency, or grants, on such terms and conditions as the grantee with the approval of the corporation shall determine, provided that no such payments, grants and loans shall exceed the lesser of (i) sixty percent of the project cost for projects involving acquisition or one hundred percent EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Jeffrion Aubry
Inez E. Dickens
N. Nick Perry
Charles Barron
multi-Sponsors
Andrew Hevesi
2021-A4341A (ACTIVE) - Details
2021-A4341A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4341--A 2021-2022 Regular Sessions I N A S S E M B L Y February 1, 2021 ___________ Introduced by M. of A. WALKER, AUBRY, DICKENS, PERRY, BARRON, WILLIAMS, COLTON, NIOU, DE LA ROSA, SIMON, COOK, ENGLEBRIGHT, JEAN-PIERRE, TAYLOR, CRUZ, EPSTEIN, RODRIGUEZ, ZINERMAN -- Multi-Sponsored by -- M. of A. HEVESI -- read once and referred to the Committee on Housing -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the private housing finance law, in relation to afforda- ble housing corporation grants THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 1112 of the private housing finance law, as amended by chapter 64 of the laws of 2012, is amended to read as follows: 1. Within the limit of funds available in the affordable housing development account, the corporation is hereby authorized to enter into contracts with eligible applicants to provide grants which such appli- cants shall use to finance affordable home ownership development programs subject to the terms and conditions of this article. Any grants received by a municipality hereunder shall not be deemed to be municipal funds. Grantees shall utilize funds provided pursuant to this article solely as payments, grants and loans to owners to reduce the costs of new construction, rehabilitation or home improvement or the cost of acquisition, but only where such acquisition is part of an affordable home ownership development program or project to construct or rehabili- tate homes, or as otherwise authorized by law. Such financial assistance may be in the form of loans, participation in loans including but not limited to participation in loans originated or financed by lending institutions as defined in section forty-two of this chapter, private or public employee pension funds or the state of New York mortgage agency, or grants, on such terms and conditions as the grantee with the approval of the corporation shall determine, provided that no such payments, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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