States / New York / S 3997

S 3997 In Committee

Relates to amending the low income housing tax credit eligibility requirements

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Jan 31, 2025
Last action
Jan 7, 2026 — REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Session
2025-2026
Momentum
27 · Low