Bill Commons

NY A 7488

in committee

Authorizes the purchase of rehabilitation mortgages by the state of New York mortgage agency

New York · 2025-2026 Regular Session · lower

Description

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.

Introduced
Status date
Latest action
2026-01-07 — REFERRED TO HOUSING
Bill type
bill
Last updated

Sponsors

  • Michael Novakhovprimary
  • Alec Brook-Krasnycosponsor
  • Daniel Norbercosponsor
  • Kenneth Blankenbushcosponsor
  • John K. Mikulincosponsor
  • Chris Taguecosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-03-28

    REFERRED TO HOUSING

    referral-committee

  2. 2026-01-07

    REFERRED TO HOUSING

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 7488. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.
  • Some documents have no extracted text yet, so version comparison may be limited.

See the methodology page for data sources and limitations.