Assembly Bill A1990

2023-2024 Legislative Session

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

download bill text pdf

Sponsored By

Current 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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2023-A1990 (ACTIVE) - Details

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
2011-2012: A1351
2013-2014: A388
2015-2016: A3320
2017-2018: A1654
2019-2020: A4598
2021-2022: A5949

2023-A1990 (ACTIVE) - Summary

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

2023-A1990 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1990
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 23, 2023
                                ___________
 
 Introduced  by  M.  of A. HAWLEY, WALSH, MANKTELOW, PALMESANO, ANGELINO,
   GALLAHAN, LEMONDES, DeSTEFANO, TAGUE -- 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.
                                                            LBD05285-01-3

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