In accordance with the requirements of the New York State Municipal Assistance Corporation Act and the New York State Financial Emergency Act, the City of New York is required to submit monthly financial reports.
This document reflects the NYC Community Development Block Grant (CDBG) budget for CFY 2023. CDBG is a funding stream from the U.S. Department of Housing and Urban Development (HUD).
New York City’s current property tax system is notoriously opaque, unfair, and regressive. For the past four decades, rather than dealing with its structural flaws, New York State has layered on a patchwork of exemptions and abatements to lower tax rates for various owners.
This document reflects the NYC Community Development Block Grant (CDBG) budget for CFY 2022. CDBG is a funding stream from the U.S. Department of Housing and Urban Development (HUD).