| Entities | |
| Topics and Issues | Rent reporting (19) |
In July 2024, the U.S. House Committee on Appropriations passed its appropriations for the Departments of Transportation, and Housing and Urban Development, and Related Agencies Appropriations Bill, 2025. Included in the report was language supporting rent reporting.
Rent reporting for affordable housing residents.—The Committee recognizes that some affordable housing providers do not provide credit bureaus with reports of timely rent payments, putting such renters at a disadvantage in terms of building their credit scores and having the ability to secure mortgages to purchase their first homes or rent from the private market. Accordingly, of the amounts provided for technical assistance, up to $750,000 shall be used to support training, technical assistance, and technology to allow public housing agencies and other HUD-assisted housing providers in diverse areas, including Native housing providers, to report positive rental payment data at no charge to residents to help residents improve their credit history when the resident affirmatively opts to have that information reported and it is reported in compliance with strong federal privacy and state protections.
Report, at 96.