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Bill > S03591
NY S03591
NY S03591Establishes the community development financial institution disability housing program within the New York state urban development corporation.
summary
Introduced
01/30/2021
01/30/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 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
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 CDFIs involved in financing and developing supportive and supervised living facilities for individuals with developmental and mental disabilities in the state. The bill defines relevant terms, such as "CDFI" and "supportive living facility," and authorizes the Corporation to promulgate rules and regulations to implement the program in consultation with state agencies overseeing mental health, developmental disabilities, and addiction services.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S3591 | 01/31/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03591&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03591 | 02/02/2021 |
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