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There was a concern in the 1970s that residential housing construction was declining as people moved from New York City to the suburbs. [8] In response to this trend, the state passed the original 421-a tax exemption program in 1971, with the goal of encouraging the construction of more residential housing in the city. [9]
Real estate developers have enjoyed a tax exemption called 421a for the last five years which has facilitated building in New York City through the coronavirus pandemic and the resulting worst real...
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
In 1920, New York adopted the Emergency Rent Laws, which effectively charged the courts of New York State with their administration. [ 19 ] [ 20 ] [ 21 ] The rent laws were the result of a series of widespread rent strikes in New York City from 1918 to 1920 that had been sparked by a World War 1 housing shortage, and the subsequent land ...
New York — The one-bedroom apartment in a 1935 six-story building in the Fordham neighborhood in the Bronx wasn’t exactly Zaimah Abdul-Majeed’s dream home. It was small for a family of four, but the rent was reasonable, just $1,050 a month, and the walls looked clean with a fresh coat of white paint.
The memo also indicated that Head Start, a preschool program serving nearly 800,000 low-income children that receives federal health funds, is not impacted by the funding pause.
Co-op city in the Bronx, a Mitchell–Lama development [1]. The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York.It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama and signed into law in 1955.
A volunteer firefighter stipend program has allocated more than $140,000 to fire departments across New York, including the Endwell Fire Department, to boost recruitment.. New York State Division ...