Finance
New York's 'SONYMA' (State of New York Mortgage Agency) provides:
AOnly commercial real estate financing
BAffordable mortgage financing programs for low- and moderate-income first-time homebuyers in New York✓ Correct
CMortgage guarantees for investment properties
DBridge loans for developers
Explanation
SONYMA offers low-interest mortgage programs, down payment assistance, and other financing products to help low- and moderate-income first-time homebuyers in New York State purchase homes.
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