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S01649 Summary:

BILL NOS01649
 
SAME ASSAME AS A06896
 
SPONSORSAMPSON
 
COSPNSRMONTGOMERY, PARKER
 
MLTSPNSR
 
Add Art 16-B SS930 - 935, Priv Hous Fin L
 
Establishes the urban homeowners assistance program to assist first time, low or moderate income, or minority homeowners avoid foreclosure by authorizing and directing the commissioner of the state division of housing and community renewal to enter into contracts with neighborhood preservation companies to provide for such assistance to residents in certain urban communities; makes an appropriation therefor.
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