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A02637 Summary:

BILL NOA02637
 
SAME ASSAME AS S00867
 
SPONSORFitzpatrick (MS)
 
COSPNSRMcKevitt, Giglio
 
MLTSPNSR
 
Amd S2402, add S2405-f, 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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