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