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NY Considers Faith-Based Affordable Housing Act to Address Housing Shortage

The Housing Construction and Community Development Committee is currently considering the Faith-Based Affordable Housing Act (the “Act”), a new law allowing religious corporations or certain religious nonprofit corporations...more

"Affordable Housing Rehabilitation Program” Expected to Replace J-51 Property Tax Abatement

During the waning hours of the 2023 legislative session, New York lawmakers passed the Affordable Housing Rehabilitation Program (the “Program”) to replace the lapsed J-51 tax break that expired on July 1, 2022. Similar to...more

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