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The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high number of women, single parent households, households with multiple children and minorities.
The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption ...
The New York County Medical Society is a professional membership organization for physicians who live or work in the borough of Manhattan. As such, it is part of the larger network of medical organizations which includes the American Medical Association and the Medical Society of the State of New York .
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Counties of New York Location State of New York Number 62 Populations 5,082 (Hamilton) – 2,561,225 (Kings) Areas 33.77 square miles (87.5 km 2) (New York) – 2,821 square miles (7,310 km 2) (St. Lawrence) Government County government Subdivisions Cities, Towns, Indian Reservations Part of a series on Regions of New York Downstate New York New York City Long Island Hudson Valley (Lower ...
The Department of Buildings cannot revoke a professional's license to practice Architecture or Engineering, as that is controlled by the New York State Office of the Professions. However, since 2007 the State has allowed the DOB to refuse to accept plans filed by individuals who have been found to abuse the Self Certification process (or other ...
In 2000, a report from The Commonwealth Fund found that nearly three-quarters of emergency room visits in New York City were for non-emergent healthcare needs or could have been treated in a primary care setting. The report concluded that reducing strain on hospital emergency departments, the city's primary care system required significant ...