New York S05131 creates a pilot program to encourage homeownership among underrepresented groups.

New York S05131 establishes a pilot program to support homeownership among underrepresented groups in New York state. The program will provide resources including outreach, education, and financial assistance. It will be conducted in three areas selected based on factors like population growth and displacement of underrepresented groups. The program will utilize up to $2,000,000 from the affordable housing corporation and will expire on April 1, 2026.

New York S05131 creates a pilot program to encourage homeownership among underrepresented groups.

New York S05131 establishes a pilot program to support homeownership among underrepresented groups in New York state. The program will provide resources including outreach, education, and financial assistance. It will be conducted in three areas selected based on factors like population growth and displacement of underrepresented groups. The program will utilize up to $2,000,000 from the affordable housing corporation and will expire on April 1, 2026.