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A05526 Summary:

BILL NOA05526
 
SAME ASNo Same As
 
SPONSORFitzpatrick
 
COSPNSRTague
 
MLTSPNSRDeStefano, Manktelow
 
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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