Nicole Malliotakis voted Nay (Passage) on this Legislation.
Title: Amends Housing Finance Laws
Signed by Governor Andrew Cuomo
Title: Amends Housing Finance Laws
Title: Amends Housing Finance Laws
Vote to pass a bill that amends the private housing finance law as it relates to increasing the bonding authority of the New York City housing development corporation.
Prohibits any corporate bonds or notes be issued unless the amount of bonds and notes exceeds $13.5 billion (Sec. 1).
Prohibits any corporate bonds be issued if it would result in the maximum reserve fund requirement exceeding $30 million, unless the state senate and assembly determine otherwise (Sec. 1).
Title: Amends Housing Finance Laws