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A03839 Summary:

BILL NOA03839
 
SAME ASSAME AS S00538
 
SPONSORFitzpatrick
 
COSPNSRMcKevitt, Giglio
 
MLTSPNSR
 
Amd 2402, add 2405-g, Pub Auth L
 
Authorizes the state of New York mortgage agency to purchase construction mortgages from banks within the state during periods when there is an inadequate supply of credit available for new residential mortgages or available for such loans at carrying charges within the financial means of persons and families of low and moderate income.
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