New York A07755 amends the private housing finance law to define "veteran with a service-related disability" and provide preferences for such.

New York A07755 amends the private housing finance law to define "veteran with a service-related disability" as someone who served in the military or received certain medals and was honorably discharged, and who has a disability rating of 40% or higher from the federal veteran's administration or the U.S. Department of Defense. The bill also modifies the affordable home ownership development program to prioritize serving households where the home buyer is a veteran with a service-related disability. The changes will take effect 90 days after the law is enacted.

New York A07755 amends the private housing finance law to define "veteran with a service-related disability" and provide preferences for such.

New York A07755 amends the private housing finance law to define "veteran with a service-related disability" as someone who served in the military or received certain medals and was honorably discharged, and who has a disability rating of 40% or higher from the federal veteran's administration or the U.S. Department of Defense. The bill also modifies the affordable home ownership development program to prioritize serving households where the home buyer is a veteran with a service-related disability. The changes will take effect 90 days after the law is enacted.