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Sponsors
Senator · Senate District 43
No co-sponsors yet.
History
- Committed to rules
- Advanced to third reading
- 2nd report cal.
- 1st report cal.1141
- Referred to veterans, homeland security and military affairs
- Referred to veterans, homeland security and military affairs
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Preferences under the affordable home ownership development program for service related disabled veterans
In Assembly Committee · Housing · Sponsor Stephen Hawley
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2507
Title of bill
An act to amend the private housing finance law, in relation to preferences under the affordable home ownership development program for service related disabled veterans
Purpose or general idea of bill
To give preference to a disabled veteran with a VA disability rating of 40% or higher the opportunity to get into an affordable home ownership program.
Summary of specific provisions
This legislation will make the Affordable Home Ownership Development Program available to home buyers who are service related disabled veterans. This legislation directs the Affordable Housing Corporation, when determining awards under the Affordable Home Ownership Development Program, to provide a preference to applications based upon the extent to which the proposed project or program will serve households in which the home buyer is a disabled veteran, defined as those with a federal VA disability rating of 40% or higher.
Justification
Disabled veterans have given their health for our freedoms so it is only fitting that when they come back home they have an affordable place to live. This legislation would help disabled veterans sustain a good quality of life after sacrificing their health well being on the battlefield.
Prior legislative history
New Bill.
Fiscal implications
To be determined.
Effective date
This act shall take effect on the thirtieth day after it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.