Establishes the homeowner protection program to provide free housing counseling and legal services to homeowners in New York.
The bill establishes the homeowner protection program, which will be managed by the Department of Law. It aims to ensure the availability of free housing counseling and legal services to homeowners facing threats to their homeownership. The Department of Law will provide grants to eligible not-for-profit housing counseling organizations and legal services organizations to offer these services. These services include assistance with loss mitigation, legal representation, preventing foreclosures, and addressing predatory lending practices. The program is funded by annual appropriations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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