S3997 (2025-26 session)

NY State bill

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
Relates to amending the low income housing tax credit eligibility requirements
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Housing, Construction And Community Development
Introduced
2025-01-31
Same as
A6695
Law section
Public Housing Law

Sponsors

Heard in committee

Same as

Sources