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NY A10546

Bill

Status

Introduced

3/13/2026

Primary Sponsor

Alicia Hyndman

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Establishes a Community Development Financial Institution (CDFI) Disability Housing Program within the New York State Urban Development Corporation
  • Allocates up to $25 million from the CDFI fund to finance construction of supportive and supervised living facilities for individuals with mental and developmental disabilities
  • Requires the corporation to develop rules and regulations in consultation with the Office of Mental Health, Office for People with Developmental Disabilities, and Office of Addiction Services and Supports
  • Takes effect 180 days after becoming law, with immediate authorization to begin developing implementation regulations

Legislative Description

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

Last Action

referred to banks

3/13/2026

Committee Referrals

Banks3/13/2026

Full Bill Text

No bill text available