Bill Texts: NY A06949 | 2019-2020 | General Assembly
Bill Title: Relates to the purchase of community land mortgages; defines a community land mortgage as a mortgage that is secured by a first lien on a leasehold estate in real property that is improved by a residential structure wherein title to the real property is retained by a not-for-profit housing company or housing development fund company; authorizes the state of New York mortgage agency to purchase community land mortgages from banks within the state; ensures not-for-profit housing remains as affordable housing.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2020-01-08 - referred to housing [A06949 Detail]
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2020-01-08 - referred to housing [A06949 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Introduced | 2019-03-27 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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No bill amendments currently on file for New York A06949 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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No supplemental documents for New York A06949 currently on file. |