Private company
State of New York Mortgage Agency
New York State public-benefit corporation providing mortgage financing
The State of New York Mortgage Agency (SONYMA or Sonny Mae) is a public-benefit corporation created in 1970 by the state government of New York to increase the availability of residential mortgage funds and support affordable homeownership. It offers below-market fixed-rate mortgages and related programs for eligible low- and moderate-income homebuyers, principally first-time buyers, and funds its activities mainly by issuing tax-exempt revenue bonds backed by mortgage repayments.2 It is part of New York State Homes and Community Renewal.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersNew York City, United States1
- Websitehcr.ny.gov/sonyma
- Legal formGOVERNMENT3
- Kind of organizationGovernment entity1
- LEI549300ZQWNLLIG5640273
- StatusActive3
- LEI statusIssued and current3
- Registered address641 Lexington Avenue, 10022 New York, United States3
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The State of New York Mortgage Agency (SONYMA or Sonny Mae) is a public-benefit corporation created in 1970 by the state government of New York to increase the availability of residential mortgage funds and support affordable homeownership. It offers below-market fixed-rate mortgages and related programs for eligible low- and moderate-income homebuyers, principally first-time buyers, and funds its activities mainly by issuing tax-exempt revenue bonds backed by mortgage repayments.2
Subsidiaries and ownership
Parent company
- New York State Homes and Community Renewal
From Wikidata.1
Timeline
- Jan 1, 1970Founded State of New York Mortgage Agency is founded3
Links
- Websitehcr.ny.gov/sonyma1
- WikipediaState of New York Mortgage Agency
- WikidataQ7603785
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3