S9117 (2025-26 session)

NY State bill

Establishes the small homeowner rehabilitation revolving loan program administered by the New York state housing finance agency consisting of moneys appropriated by the legislature, repayments of principal and interest on loans made from the program, interest earnings, private or philanthropic contributions, and any other moneys made available for its purposes; authorizes the New York state housing finance agency to make low-interest loans, deferred payment loans, or forgivable loans, or a combination thereof, to eligible small homeowners for eligible rehabilitation and repair projects; provides for eligibility requirements and tenant protections.

Title
Establishes the small homeowner rehabilitation revolving loan program
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-02-04
In committee
Housing, Construction And Community Development
Introduced
2026-02-04
Law section
Private Housing Finance Law

Sponsors

Heard in committee

Sources