REMARKS
Council Member Kevin Riley introduces resolution for homeowner legal counsel and supports black business month legislation
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Council Member Kevin Riley introduced Resolution 524, calling on the New York State legislature to pass and the governor to sign A8591/S1709, which would grant homeowners facing foreclosure the right to legal counsel. He emphasized the importance of this legislation in light of the ongoing housing crisis in New York City.
- Riley highlighted that 44% of New York homeowners in foreclosure settlement conferences lack legal representation, correlating with a rise in pre-foreclosure properties.
- He also expressed support for the Black Business Month legislative package introduced by Dr. Williams, aimed at removing barriers for black and brown entrepreneurs and streamlining the MWBE certification process.
- Riley urged his colleagues to sign on to these pieces of legislation.
Kevin Riley
0:51:02
Thank you, majority leader.
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Today, I proudly introduced resolution 524, a resolution calling on the New York State legislature to pass and the government to sign a 88591, s 1709 led by a family member of Rodney's and Senator Leroy Connery.
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This crucial legislation would grant homeowners facing foreclosure, the right to legal counsel, providing them with vital protection as they navigate complex legal proceedings.
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According to the National bureau of economic research, 44 percent of New York homeowners in foreclosure settlement conferences lack legal representation.
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This is unacceptable and directly correlates with the alarming rise in the pre foreclosure properties across New York City.
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With New York City ongoing housing crisis, it is essential that every homeowner is safeguarded with legal representation to prevent unjust losses and keep our communities stable.
0:51:57
I will also like to highlight piece of legislation, introduced by Doctor.
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Williams.
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The black business month legislative package.
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This package is designed to remove barriers for black and brown entrepreneurs and streamline the MWD certification process.
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I urge my colleagues to sign on to these pieces of legislation.
0:52:16
Thank you.