Extends the provisions of chapter 777 of the laws of 1986 relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions

This bill extends the deadline for a specific housing program that helps owners of multiple dwellings get small loans to fix substandard or unsanitary living conditions. Originally set to expire on June 30, 2024, the program's key provisions are now extended to remain in effect until June 30, 2027. The change applies to owners of multi-unit buildings who wish to use these funds for necessary repairs and improvements.