Bill Sponsors: NY A05597 | 2021-2022 | General Assembly
Bill Title: Relates to the purchase of community land mortgages; defines a community land mortgage as a mortgage that is secured by a first lien on a leasehold estate in real property that is improved by a residential structure wherein title to the real property is retained by a not-for-profit housing company or housing development fund company; authorizes the state of New York mortgage agency to purchase community land mortgages from banks within the state; ensures not-for-profit housing remains as affordable housing.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2022-01-05 - referred to housing [A05597 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2022-01-05 - referred to housing [A05597 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Assemblymember Michael Fitzpatrick [R] | Primary | Sponsored Bills | HD-008 | FollowTheMoney | Ballotpedia | VoteSmart |
| Assemblymember Michael Montesano [R] | Cosponsor | Sponsored Bills | HD-015 | FollowTheMoney | Ballotpedia | VoteSmart |
| Assemblymember Christopher Tague [R] | Cosponsor | Sponsored Bills | HD-102 | FollowTheMoney | Ballotpedia | VoteSmart |
| Assemblymember Brian Manktelow [R] | Primary | Sponsored Bills | HD-130 | FollowTheMoney | Ballotpedia | VoteSmart |
