Sentences with phrase «affordable housing tax»

Our attorneys, are familiar with the tax rules governing tax advantaged investments that qualify for affordable housing tax credits, historic rehabilitation tax credits, and new markets tax credits, and with the business structures that provide solutions to satisfy the requirements of the tax rules.

With time running short, developers and labor will take another crack this week at trying to cut a deal to extend an expiring affordable housing tax break known as 421 - a.

But one issue not included is the continuation of the 421a affordable housing tax credit program for developers.

With time running short, developers and labor will take another crack this week at trying to cut a deal to extend an expiring affordable housing tax break.

Washington DC affordable housing partner Richard Price is quoted in this article about the Senate Finance Committee's hearing regarding the potential increased availability of affordable housing tax credits.

Quinn's plan would push the state to create a new city affordable housing tax credit and require developers who receive it to renew the affordable aspects of their buildings every 30 years.

Williams, who is currently focused on running for City Council speaker, said as Cuomo helped resurrect a lucrative affordable housing tax credit for rich developers, the city and state have lost thousands of rent - regulated apartments.

S. 875 is a companion to H.R. 839, the Portman - Cardin - Bonilla affordable housing tax credit bill in the House.

The two sides in June were given until Jan. 15 by Gov. Cuomo and the Legislature to come up with a deal to include some type of prevailing wage provision for construction workers in order to extend the 421a affordable housing tax credit another four years.

Reforming the deduction or replacing it with some kind of affordable housing tax credit could help address budget deficits.

This next phase of Sibley's redevelopment is supported by the state through a $ 3.5 million grant from Empire State Development; $ 3 million from New York State Energy Research and Development Authority (NYSERDA) through its Cleaner, Greener Communities program for energy efficiency upgrades; and $ 10 million from New York State Homes & Community Renewal (HCR) for affordable housing tax credits to be used to create 72 units of mixed - income senior housing and amenities.

Cuomo says disagreements remain over an affordable housing tax credit for New York City developers and a proposal to end a policy of automatically prosecuting and incarcerating 16 - and 17 - year - old offenders as adults.

But it was delayed by disagreements over the juvenile justice reform piece, as well as education funding and an affordable housing tax credit for New York City developers.

Heastie said there are also agreements on an affordable housing tax credit for New York City developers and a proposal to raise the age of criminal responsibility from 16 to 18.

The effort to revive the lucrative 421 - a affordable housing tax break for developers appears doomed this year.

The cuts also include a $ 200 million loss in capital funding because Trump's tax law reduces investor interest in the Low Income Housing Tax Credit, an affordable housing tax credit.

However, negotiations over the more than $ 150 billion spending plan bogged down over juvenile justice reform, education spending and an affordable housing tax credit for New York City.

But it was delayed by disagreement over the juvenile justice reform piece, as well as education funding and an affordable housing tax credit for New York City developers.

«These legislators have consistently provided strong leadership on key housing issues by working to keep banks out of real estate, expand federal homeownership programs for veterans, and support an affordable housing tax credit, among other crucial issues for our members.»