Distressed property consultant disclosures and homeowner foreclosure prevention education.
Introduced
Moved
Reached a final decision
Introduced Jan 29, 2026
Derived from the official record below.
Officially: “A Local Law to amend the administrative code of the city of New York, in relation to distressed property consultant disclosures and homeowner foreclosure prevention education” Read the full text
Consumer and Worker Protection
What it does
This bill would expand on the disclosures distressed property consultants are required to make to prospective customers. This bill would also require the Department of Finance, in conjunction with the Department of Consumer and Worker Protection and the Department of Housing Preservation and Development, to create and make available a guide for homeowners regarding foreclosure prevention education.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Jan 29, 2026
Referred to Comm by Council · Jan 29, 2026
Who decides next
This bill sits with the Consumer and Worker Protection committee. These members decide whether it ever reaches a vote; 99% of bills a committee approves become law.
Harvey D. Epstein · chairCarl WilsonCarmen N. De La RosaChi A. OsséChris BanksGale A. BrewerJoann AriolaKamillah HanksLynn C. SchulmanShekar KrishnanShirley Aldebol
Official documents
Summary of Int. No. 379
officialInt. No. 379
officialJanuary 29, 2026 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 1-29-26
officialMemorandum in Support
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
2
sponsors on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Referred to Comm by Council (Jan 29, 2026).