Sentences with phrase «expiring affordable housing tax»

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.

Not exact matches

The Milwaukee Common Council on Tuesday approved a proposal to extend expiring tax increment financing districts to pay for affordable housing projects.

It's official, the 421 - a tax break meant to encourage the construction of affordable housing in NYC has expired.

Mr. de Blasio once again criticized Gov. Andrew M. Cuomo's proposal to replace 421 - a, the expired tax break program that encouraged the construction of affordable housing.

Also set to expire, a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.

New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.

He admits a six - month extender of the real estate tax break is under consideration, because he says he does not want to see a program that provides some affordable housing «expire.»

In addition, the budget revives for five years an expired tax credit for developers who create affordable housing.

At a speech in April, the governor seemed to invite officials outside of Albany, including the real - estate industry, to work out their own plan for 421 - a, the tax incentive program to encourage developers to create affordable housing that was set to expire this year.

Also set to expire — a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.

It would reject Cuomo's plan to resurrect an expired 421a tax credit for developers who build affordable housing.

Housing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lasHousing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lashousing that expired at the end of last year.

Alma and its partners brought the site to the auction block in March to coincide with the reinstatement of 421 - a, an affordable - housing tax break that expired but is expected to be rebooted, the report continues.