Establishes guidelines for creditworthiness determinations concerning affordable housing programs.

This bill (S 1501) prohibits landlords from using credit scores or credit reports to evaluate applicants for affordable housing programs. It directly affects low- and moderate-income renters applying for subsidized housing, including those using federal vouchers or state rental assistance programs. Instead of relying on credit scores, landlords must conduct individualized assessments of an applicant's ability to pay rent based on income and housing program guidelines. The law aims to prevent unfair denials of housing that disproportionately impact communities of color and other protected groups due to historical discrimination. The bill is currently pending in the Senate Committee on Community and Urban Affairs.