STATE OF NEW YORK ________________________________________________________________________ 4675 2023-2024 Regular Sessions IN ASSEMBLY February 22, 2023 ___________ Introduced by M. of A. FITZPATRICK, TAGUE -- Multi-Sponsored by -- M. of A. MANKTELOW -- read once and referred to the Committee on Housing AN ACT to amend the private housing finance law, in relation to prefer- ences under the affordable home ownership development program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 3 of section 1112 of the 2 private housing finance law, as amended by chapter 898 of the laws of 3 1986, is amended to read as follows: 4 (a) Serve the lowest income households in the applicable region and is 5 designed to continue to be affordable to such households for a substan- 6 tial period of time or serve households in which the home buyer is 7 employed as a police officer, firefighter or teacher, provided that such 8 home is located within the boundaries of the area served by the police 9 department, fire department, or elementary or secondary school where 10 such person is so employed. As used in this paragraph: "police officer" 11 shall mean a person who is currently employed as a sworn officer of an 12 authorized police department or force of a city, town or village; "fire- 13 fighter" shall mean a person who is currently employed on a permanent 14 basis as an officer or member of an organized fire department of a city, 15 town, village or fire district; and "teacher" shall mean a person who is 16 currently employed in a teaching capacity in an elementary or secondary 17 school in this state, has graduated from an accredited college or 18 university and holds a valid state teaching certificate issued pursuant 19 to article sixty-one of the education law. 20 § 2. This act shall take effect on the thirtieth day after it shall 21 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08451-01-3