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S00458 Summary:

BILL NOS00458
 
SAME ASSAME AS A03832
 
SPONSORYOUNG
 
COSPNSR
 
MLTSPNSR
 
Amd §2402, add §2405-g, Pub Auth L
 
Authorizes the state of New York mortgage agency to purchase rehabilitation 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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