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Tax Bill Expected to Spur Affordable Housing Development

The U.S. House of Representatives overwhelmingly passed legislation this week that is predicted to finance hundreds of thousands of affordable housing units, helping New York City and state housing agencies struggling to meet...more

Tax Abatement Replaces J-51 Program to Promote Affordable Housing Improvements in New York City

Governor Kathy Hochul recently signed legislation authorizing a new tax abatement to promote improvements to affordable housing in New York City. In June 2023, lawmakers in New York State passed the Affordable Housing...more

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