Assembly Bill A8600

2023-2024 Legislative Session

Increases the amount an eligible applicant may spend for approved administrative costs associated with administering the access to home program

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

  • 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

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2023-A8600 (ACTIVE) - Details

See Senate Version of this Bill:
S7863
Current Committee:
Assembly Ways And Means
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §1202, Priv Hous Fin L

2023-A8600 (ACTIVE) - Summary

Increases the amount an eligible applicant may spend for approved administrative costs associated with administering the access to home program.

2023-A8600 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8600
 
                           I N  A S S E M B L Y
 
                             January 12, 2024
                                ___________
 
 Introduced  by M. of A. WOERNER -- read once and referred to the Commit-
   tee on Housing
 
 AN ACT to amend the private housing finance law, in relation to increas-
   ing the amount an eligible applicant may spend for  approved  adminis-
   trative costs associated with administering the access to home program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 3  of  section  1202  of  the  private  housing
 finance  law, as added by chapter 159 of the laws of 2006, is amended to
 read as follows:
   3. The corporation may authorize the eligible applicant to spend up to
 [seven and a half] TEN percent  of  the  contract  amount  for  approved
 administrative costs associated with administering the program.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13932-01-3

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