New York A 7703: Grants preferences in contracts under the affordable home ownership program to certain police officers, firefighters and teachers

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A07703 Summary:

BILL NOA07703 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORFitzpatrick (MS)

&nbsp

COSPNSRTague

&nbsp

MLTSPNSRManktelow

&nbsp

Amd §1112, Priv Hous Fin L

&nbsp

Provides preferences in contracts under the affordable home ownership program to police officers, teachers and firefighters who live in the municipality or school district in which they work; defines relevant terms.

Go to top A07703 Actions:

BILL NOA07703 

&nbsp

04/08/2025referred to housing

01/07/2026referred to housing

Go to topA07703 Committee&nbspVotes:

Go to topA07703 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA07703 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7703

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 8, 2025
 ___________

 Introduced by M. of A. FITZPATRICK, TAGUE -- Multi-Sponsored by -- M. of
 A. MANKTELOW -- 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

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph (a) of subdivision 3 of section 1112 of the
 2 private housing finance law, as amended by chapter 898 of the laws of
 3 1986, is amended to read as follows:
 4 (a) Serve the lowest income households in the applicable region and is
 5 designed to continue to be affordable to such households for a substan-
 6 tial period of time or serve households in which the home buyer is
 7 employed as a police officer, firefighter or teacher, provided that such
 8 home is located within the boundaries of the area served by the police
 9 department, fire department, or elementary or secondary school where
 10 such person is so employed. As used in this paragraph: "police officer"
 11 shall mean a person who is currently employed as a sworn officer of an
 12 authorized police department or force of a city, town or village; "fire-
 13 fighter" shall mean a person who is currently employed on a permanent
 14 basis as an officer or member of an organized fire department of a city,
 15 town, village or fire district; and "teacher" shall mean a person who is
 16 currently employed in a teaching capacity in an elementary or secondary
 17 school in this state, has graduated from an accredited college or
 18 university and holds a valid state teaching certificate issued pursuant
 19 to article sixty-one of the education law.
 20 § 2. This act shall take effect on the thirtieth day after it shall
 21 have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04351-01-5

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