A 7433 New York Assembly · 2025 Regular Session

Preferences under the affordable home ownership development program for service related disabled veterans

This bill amends New York's affordable housing law to add a preference category for "service related disabled veterans" in home ownership development programs. It directly affects veterans who served honorably in the military, have a 40%+ disability rating from the VA or DoD related to service, and meet specific documentation requirements. The key change requires housing programs to prioritize these veterans when serving the lowest-income households or ensuring long-term affordability. This policy update modifies eligibility criteria without altering program funding or structure.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 27, 2025 Last action Jan 7, 2026