Grants priority to charter school applicants with a board of trustees and school administrators that are at least fifty-one percent minority group members.
Provides that a judge of a city court outside the city of New York may only serve until the last day of December next after such person shall be seventy-six years of age; makes exceptions for judges already elected or appointed to office.
Expands access to mortgage loans for cooperative properties under the homes for veterans program, as administered by the state of New York mortgage agency.
Requires all municipal corporations to adopt senior citizen rent increase exemption programs and disability rent increase exemption programs within one year.
Establishes a New York state education equity fund; authorizes the dormitory authority of the state of New York (DASNY) to invest $75 million in a public-private partnership revolving loan fund for loan financing to cover capital costs for the construction and improvements of public charter schools.