New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Authorizes the purchase of rehabilitation mortgages by the state of New York mortgage agency.
Authorizes the state of New York mortgage agency to purchase rehabilitation 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.
| Date | Event | Detail |
|---|---|---|
| 2025-03-28 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |