A 5635 New York Assembly · 2021 Regular Session

Authorizes state of New York mortgage agency to purchase labor organization assisted forward commitment mortgages from banks

Summary
Authorizes state of New York mortgage agency to purchase labor organization assisted forward commitment mortgages from banks; sets criteria for labor organization participation; requires them to guarantee up to twenty percent of outstanding indebtedness.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 22, 2021 Last action Jan 5, 2022
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO HOUSING
lower
Feb 22, 2021
Committee
REFERRED TO HOUSING
lower
1 primary · 0 co-sponsors

Sponsors

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