Establishes guidelines for creditworthiness determinations concerning affordable housing programs.

The bill establishes guidelines for determining the creditworthiness of applicants seeking to rent affordable housing units in New Jersey. It aims to address the shortage of affordable housing by ensuring that low- and moderate-income households are not unfairly denied housing opportunities. The bill prohibits landlords from using credit scores and other risk assessments to evaluate the creditworthiness of applicants with state or federal tenant-based housing subsidies, except in specific circumstances.

Establishes guidelines for creditworthiness determinations concerning affordable housing programs.

The bill establishes guidelines for determining the creditworthiness of applicants seeking to rent affordable housing units in New Jersey. It aims to address the shortage of affordable housing by ensuring that low- and moderate-income households are not unfairly denied housing opportunities. The bill prohibits landlords from using credit scores and other risk assessments to evaluate the creditworthiness of applicants with state or federal tenant-based housing subsidies, except in specific circumstances.