Increases the New York State Housing Finance Agency bonding authority to $36,280,000,000.

The bill amends the private housing finance law to increase the bonding authority of the New York State Housing Finance Agency to $36,280,000,000. This change allows the agency to issue bonds and notes for various purposes, including hospital and nursing home projects, health facilities, youth facilities, community mental health services, developmental disabilities services, and senior citizens services. The amendment excludes bonds and notes issued to refund outstanding ones. The bill takes effect immediately upon enactment.

Increases the New York State Housing Finance Agency bonding authority to $36,280,000,000.

The bill amends the private housing finance law to increase the bonding authority of the New York State Housing Finance Agency to $36,280,000,000. This change allows the agency to issue bonds and notes for various purposes, including hospital and nursing home projects, health facilities, youth facilities, community mental health services, developmental disabilities services, and senior citizens services. The amendment excludes bonds and notes issued to refund outstanding ones. The bill takes effect immediately upon enactment.