S6263 — Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state

S6263 — Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state · Informed CitizenryThis bill amends the private housing finance law to require certain out-of-state affordable housing owners to maintain an escrow account with a bank or licensed lender. The law applies to affordabl…Open in Informed Citizenry