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Recommendations of 421-a Task Force: Overview

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The recommendations of the 421-a Task Force, established by former Mayor Bloomberg to reform the 421-a property tax program. The changes would modernize the program to foster the creation of housing for low- and middle-income families. The reforms are designed to create the maximum amount of affordable housing for the City while also ensuring that construction of new housing will continue at a strong pace. Included in this document is an overview of the 421-a programs as well as various important definitions and requirements.

Agency
Subject
Report type
  • Report
Date published
  • 2006-10-11

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