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Updated over 1 year ago,

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5
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0
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Rylan Pyciak
  • Investor
0
Votes |
5
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Colorado SB23-184 Impact to Screening

Rylan Pyciak
  • Investor
Posted

All,


Curious how SB23-184 impacts screening and verification of income. There is quite a bit to this law, notably: 

(c) IF A LANDLORD USES FINANCIAL INFORMATION, INCLUDING
RENTAL HISTORY OR CREDIT HISTORY, AS A CRITERION IN CONSIDERATION OF
A RENTAL APPLICATION FROM A PROSPECTIVE TENANT WHO IS SEEKING TO
RENT WITH THE ASSISTANCE OF A HOUSING SUBSIDY, THE LANDLORD SHALL
NOT CONSIDER OR INQUIRE ABOUT THE PROSPECTIVE TENANT'S:
(I) AMOUNT OF INCOME, EXCEPT FOR THE PURPOSE OF DETERMINING
THAT THE PROSPECTIVE TENANT'S ANNUAL AMOUNT OF INCOME EQUALS OR
EXCEEDS TWO HUNDRED PERCENT OF THE PORTION OF THE ANNUAL COST OF
RENT THAT IS TO BE PAID BY THE PROSPECTIVE TENANT;


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