NY A 787
in committeeEstablishes the New York state first home grant program
New York · 2025-2026 Regular Session · lower
Quick answers
Did NY A 787 pass?
Not yet. NY A 787 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO HOUSING
What is NY A 787 about?
Establishes the New York state first home grant program; directs the commissioner of homes and community renewal, in consultation with the state comptroller, to implement such program; provides assistance on behalf of a first time home buyer qualified for such program; and for costs in connection with the acquisition, involving an eligible mortgage loan, of an eligible home, including downpayment costs, closing costs, and costs to reduce the rates of interest on eligible mortgage loans; subsidies to make shared equity homes affordable to home buyers by discounting the price for which the home will be sold and to preserve the affordability of the home for subsequent home buyers; and pre-occupancy home modifications required to accommodate qualified home buyers or members of their household with disabilities; excludes the amount of any grant to any first time home buyer awarded or any federal first time home buyer grant program from taxable income for the purpose of calculating New York adjusted gross income.
Who sponsors NY A 787?
Michaelle C. Solages is the primary sponsor of NY A 787, joined by 6 cosponsors.
Description
Establishes the New York state first home grant program; directs the commissioner of homes and community renewal, in consultation with the state comptroller, to implement such program; provides assistance on behalf of a first time home buyer qualified for such program; and for costs in connection with the acquisition, involving an eligible mortgage loan, of an eligible home, including downpayment costs, closing costs, and costs to reduce the rates of interest on eligible mortgage loans; subsidies to make shared equity homes affordable to home buyers by discounting the price for which the home will be sold and to preserve the affordability of the home for subsequent home buyers; and pre-occupancy home modifications required to accommodate qualified home buyers or members of their household with disabilities; excludes the amount of any grant to any first time home buyer awarded or any federal first time home buyer grant program from taxable income for the purpose of calculating New York adjusted gross income.
- Introduced
- —
- Latest action
- 2026-01-07 — REFERRED TO HOUSING
- Bill type
- bill
- Last updated
- —
Sponsors
- Michaelle C. Solagesprimary
- Noah Burroughscosponsor
- Judy Griffincosponsor
- Angelo Santabarbaracosponsor
- Matthew Simpsoncosponsor
- Rebecca Kassaycosponsor
- Christopher Eachuscosponsor
Committees
Not provided by source.
Action timeline
2025-01-08
REFERRED TO HOUSING
referral-committee
2026-01-07
REFERRED TO HOUSING
referral-committee
Versions
- A787Compare
Documents
Votes
Not provided by source.
Related bills
- Companion bill: S 3150
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-08-22T21:15:25.789942Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
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Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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