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A07703 Summary:

BILL NOA07703
 
SAME ASNo Same As
 
SPONSORFitzpatrick (MS)
 
COSPNSRTague
 
MLTSPNSRManktelow
 
Amd §1112, Priv Hous Fin L
 
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.
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A07703 Actions:

BILL NOA07703
 
04/08/2025referred to housing
01/07/2026referred to housing
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A07703 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A7703
 
SPONSOR: Fitzpatrick (MS)
  TITLE OF BILL: An act to amend the private housing finance law, in relation to prefer- ences under the affordable home ownership development program   PURPOSE OR GENERAL IDEA OF BILL: This bill would encourage the development of affordable home ownership opportunities for police officers, firefighters and teachers in order that they may live in the municipalities or school districts in which they. are employed.   SUMMARY OF PROVISIONS: This bill amends subdivision (3)(a) of 'Section 1112 of the Private Housing Finance Law to direct the Affordable Housing Corporation, when determining awards under the Affordable Home' Ownership Development Program, to provide a preference to applications based upon the extent to which the proposed project or program will serve households in which the home buyer is employed as a police officer, a firefighter or a teacher who is licensed to teach in the state, provided that such house- hold is located within the boundaries of the area served by the police department, fire department or elementary or secondary school where such person is employed. As defined in the bill "police officer" would mean a person who is currently employed as a sworn officer of an authorized police department or force of a city, town or village; firefighter" shall mean a person who is currently employed on a permanent basis as an officer or member of an organized fire department of a city, town, village or fire district; and "teacher" shall mean a person who is currently employed in a teaching capacity in an elementary or secondary school in New York state, has graduated from an accredited college or university and holds a valid New York state teaching certificate.   DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE):   JUSTIFICATION: This bill directs the Affordable Housing Corporation, when determining awards under the Affordable Home Ownership Development Program, to provide a preference to applications based upon the extent to which the proposed project or program will serve households in which the home buyer is employed as a police officer, a firefighter or a teacher who is licensed to teach in the state, provided that such household is located within the boundaries of the area served by the police department, fire department or elementary or secondary school where such person is employed. The intention of this legislation is to encourage affordable home ownership for the lowest income households in the applicable region for police officers, firefighters and elementary and secondary school teachers.   PRIOR LEGISLATIVE HISTORY: 2024 - A4675 - Referred to Housing 2022 - A5632 - Referred to Housing 2020 - A6182 - Held in Housing Committee 2018 - A7349 - Held in Housing Committee 2016 - A2979 Held in Housing Committee 2014 - A3220 - Held in Housing Committee 2012 - A2568 - Held in Housing Committee 2010 - A4229 Held in Housing Committee 2008 - A4024 - Held in Housing Committee 2006 - A9583 - Held in Housing Committee   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: None to the State.   EFFECTIVE DATE: This act shall take effect on the thirtieth day after it shall have become a law.
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A07703 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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