Authorizes the creation of state debt in the amount of 20 billion dollars for public housing capital needs.
New York S01352 authorizes the creation of state debt up to 20 billion dollars to fund public housing capital needs. The state comptroller can issue and sell these bonds, subject to state finance law. The proceeds will be used for public housing statewide. The act will be submitted to voters in the November 2025 election and will take effect immediately if approved.
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