N.Y. Gov. Hochul Announces Guidance to Combat Discrimination in Affordable Housing Insurance
June 26, 2024
June 26, 2024
ALBANY, New York, June 26 -- Gov. Kathy Hochul, D-New York, issued the following news release on June 24, 2024:
Governor Kathy Hochul today announced new guidance informing insurers that they are prohibited from inquiring about or making coverage decisions based on a property's status as an affordable housing development or on the level or source of a tenant's income within the building, such as government assistance. The guidance from the New York State Department of Financial Serv . . .
Governor Kathy Hochul today announced new guidance informing insurers that they are prohibited from inquiring about or making coverage decisions based on a property's status as an affordable housing development or on the level or source of a tenant's income within the building, such as government assistance. The guidance from the New York State Department of Financial Serv . . .