New York Senate Bill 3997: 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.

New York · 2025-2026 session

What it does

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.

Latest action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (2026-01-07)

See how S 3997 affects you on CapitolKey

Browse more bills · CapitolKey home