S 2746
Establishes four-year "Rent for Credit Pilot Program" in Department of Community Affairs.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill establishes a four-year "Rent for Credit Pilot Program" within the Department of Community Affairs. The program aims to help low-income tenants build credit by reporting their rent payments to consumer reporting agencies. Landlords who participate would agree to provide information about the program, and tenants who opt-in may be subject to a small monthly fee. The program’s effectiveness will be reviewed after two years to determine its future.
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