A 5526 New York Assembly · 2021 Regular Session

Authorizes the purchase of construction mortgages by the state of New York mortgage agency

Summary
Authorizes the state of New York mortgage agency to purchase construction mortgages from banks within the state during periods when there is an inadequate supply of credit available for new residential mortgages or available for such loans at carrying charges within the financial means of persons and families of low and moderate income.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2021 Last action Jan 5, 2022
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
Feb 19, 2021
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mike Fitzpatrick
Mike Fitzpatrick
RRepublican
NY
8