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Adopted Rules: Closed to Comments

Adopted Rules Content: 

HPD’s rule amendments implement the Affordable New York Housing Program adopted by the State Legislature in Chapter 20 of the Laws of 2015 and amended by Chapter 59 of the Laws of 2017. The Affordable New York Housing Program provides a tax exemption similar to the prior Real Property Tax Law Section 421-a exemption, but for buildings that commence construction after December 31, 2015.

Effective Date: 
Thu, 10/26/2017

Proposed Rules: Closed to Comments (View Public Comments Received:1)

Agency:
Comment By: 
Monday, July 17, 2017
Proposed Rules Content: 

The proposed rule amendments establish the application requirements for real property tax benefits pursuant to RPTL Section 421-a(16).

Subject: 

Proposed Rule Amendments Regarding Real Property Tax Exemption Benefits Pursuant to RPTL Section 421-a(16) Affordable New York Housing Program

Location: 
HPD
100 Gold Street 9th Floor, Room 9-V6
New York, NY 10038
Contact: 

No contact