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S09117Introduced in the Senate

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.

IntroducedSenate Housing, Construction, and Community Development

Introduced by Leroy Comrie, District 14

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

February 4, 2026

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Bill history

  1. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

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