Establishes a community development financial institution disability housing program within the New York state urban development corporation.
The bill establishes a community development financial institution disability housing program within the New York state urban development corporation. It allocates funds to community development financial institutions for financing and developing supportive and supervised living facilities for individuals with developmental and mental disabilities. The corporation, in consultation with relevant offices, is authorized to promulgate necessary rules and regulations. The program aims to leverage public funds effectively for this housing priority.
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