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Bill > S00149


NY S00149

NY S00149
Establishes the community development financial institution disability housing program within the New York state urban development corporation.


summary

Introduced
01/09/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the New York state urban development corporation act, in relation to establishing a community development financial institution disability housing program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1

AI Summary

This bill establishes the Community Development Financial Institution (CDFI) Disability Housing Program within the New York State Urban Development Corporation. The program aims to allocate up to $25 million from the CDFI Fund to finance the development of supportive and supervised living facilities for individuals with developmental and mental disabilities in New York. The bill also authorizes the corporation to consult with relevant state agencies and promulgate necessary rules and regulations to implement the program.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS (on 01/08/2020)

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