NY S03997 | 2025-2026 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2025 - 25% progression
Action: 2025-01-31 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 31 2025 - 25% progression
Action: 2025-01-31 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income.
Title
Amends the low income housing tax credit eligibility requirement to at least sixty percent of residential units be both rent-restricted and occupied by individuals whose income is one hundred twenty-five percent or less of area median gross income.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-31 | Senate | REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT |
