New York A07433 amends the private housing finance law to provide preferences for service-related disabled veterans in the affordable home ownership.

New York A07433 amends the private housing finance law to prioritize households where the home buyer is a service-related disabled veteran in the affordable home ownership development program. A service-related disabled veteran is defined as someone who served in the military, naval, or air service, received certain medals, and was honorably discharged, and has a disability rating of at least 40% from the federal veteran's administration or the U.S. Department of Defense, incurred in the line of duty. The act takes effect 30 days after becoming law.

New York A07433 amends the private housing finance law to provide preferences for service-related disabled veterans in the affordable home ownership.

New York A07433 amends the private housing finance law to prioritize households where the home buyer is a service-related disabled veteran in the affordable home ownership development program. A service-related disabled veteran is defined as someone who served in the military, naval, or air service, received certain medals, and was honorably discharged, and has a disability rating of at least 40% from the federal veteran's administration or the U.S. Department of Defense, incurred in the line of duty. The act takes effect 30 days after becoming law.