New York A10287 amends the low income housing tax credit program to include positive rental payment information reporting as a preference in project.

New York A10287 amends the public housing law and the real property law to include positive rental payment information reporting as a preference in the evaluation of project applications in the New York state low income housing tax credit program. Landlords must offer tenants the option of having their positive rental payment information reported to consumer reporting agencies. The bill also creates notice requirements for the election of positive rental payment information reporting, including a written election form and annual notices.

New York A10287 amends the low income housing tax credit program to include positive rental payment information reporting as a preference in project.

New York A10287 amends the public housing law and the real property law to include positive rental payment information reporting as a preference in the evaluation of project applications in the New York state low income housing tax credit program. Landlords must offer tenants the option of having their positive rental payment information reported to consumer reporting agencies. The bill also creates notice requirements for the election of positive rental payment information reporting, including a written election form and annual notices.