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

This bill establishes a new program within New York State's Urban Development Corporation to fund housing for people with developmental and mental disabilities. It allocates up to $25 million from the existing Community Development Financial Institutions (CDFI) fund to finance supportive and supervised living facilities through CDFIs. The program requires collaboration with state mental health and disability services offices to develop rules and prioritize housing development. This creates a dedicated funding mechanism for housing providers, directly affecting individuals seeking specialized housing options in New York.