Establishes a community housing fund in the town of Rochester, county of Ulster

This bill establishes a community housing fund in Rochester to provide affordable housing opportunities for residents. It offers financial assistance (up to 50% of a home's purchase price) to first-time homebuyers who live in or work for the town and have household incomes at or below 100% of Ulster County's state-set low-income threshold. The fund can also be used to build, rehabilitate, or rent affordable housing units for eligible residents, financed through local taxes, grants, and other town revenues. An advisory board of community representatives will oversee the fund's operations and ensure compliance with affordability guidelines.