At the time, Mr. de Blasio would not even consider the possibility that the 421a tax credit for developers, which incentivizes creation of affordable housing, might expire on January 15. (observer.com)
And how would the company's tax dollars contribute to the creation of affordable housing in the region? (nytimes.com)
It's a somewhat bizarre, although politically familiar, situation: People on both sides of the table agree that something must be done to replace 421a to curb property taxes and drive the creation of affordable housing. (therealdeal.com)