Assembly Bill A5949

2021-2022 Legislative Session

Preferences under the affordable home ownership development program for service related disabled veterans

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A5949 (ACTIVE) - Details

See Senate Version of this Bill:
S6411
Current Committee:
Assembly Housing
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §1112, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A4080, S5135
2011-2012: A1351, S2507
2013-2014: A388, S4287
2015-2016: A3320, S3969
2017-2018: A1654, S5158
2019-2020: A4598, S3630
2023-2024: A1990

2021-A5949 (ACTIVE) - Summary

Provides for preferences under the affordable home ownership development program for service related disabled veterans.

2021-A5949 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5949
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               March 2, 2021
                                ___________
 
 Introduced  by M. of A. HAWLEY, WALSH, MANKTELOW, PALMESANO -- read once
   and referred to the Committee on Housing
 
 AN ACT to amend the private housing finance law, in relation to  prefer-
   ences  under  the  affordable  home  ownership development program for
   service related disabled veterans

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  (a)  of  subdivision  3 of section 1112 of the
 private housing finance law, as amended by chapter 898 of  the  laws  of
 1986, is amended to read as follows:
   (a) Serve the lowest income households in the applicable region and is
 designed  to continue to be affordable to such households for a substan-
 tial period of time[.] OR SERVE HOUSEHOLDS IN WHICH THE HOME BUYER IS  A
 SERVICE RELATED DISABLED VETERAN.
   FOR PURPOSES OF THIS SECTION, "SERVICE RELATED DISABLED VETERAN" SHALL
 MEAN  A  PERSON  (I)  WHO  SERVED  IN THE ACTIVE MILITARY, NAVAL, OR AIR
 SERVICE, OR WHO WAS A RECIPIENT OF THE ARMED FORCES EXPEDITIONARY MEDAL,
 NAVY EXPEDITIONARY MEDAL, MARINE CORPS EXPEDITIONARY  MEDAL,  OR  GLOBAL
 WAR ON TERRORISM EXPEDITIONARY MEDAL, AND WHO WAS DISCHARGED OR RELEASED
 THEREFROM UNDER HONORABLE CONDITIONS, (II) HAS BEEN AWARDED A DISABILITY
 RATING  OF  FORTY  PERCENT OR HIGHER FROM THE FEDERAL VETERAN'S ADMINIS-
 TRATION OR FROM THE UNITED STATES  DEPARTMENT  OF  DEFENSE,  WHERE  THAT
 DISABILITY WAS INCURRED IN LINE OF DUTY IN THE ACTIVE MILITARY, NAVAL OR
 AIR  SERVICE,  AS  DOCUMENTED  ACCORDING  TO RULES AND REGULATIONS TO BE
 PROMULGATED BY THE DIVISION.
   § 2. This act shall take effect on the thirtieth day  after  it  shall
 have become a law.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01993-01-1

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