Sentences with phrase «taxes on vacant land»

Not exact matches

The land, largely vacant and owned by two religious owners, was not on the tax rolls and in an unincorporated area at the time of the transfer.

The plan calls for the creation of low - equity housing cooperatives, reinvesting in NYCHA housing, developing community land trusts, creating tax abatements for developers and entrepreneurs who bring business into Central Brooklyn and hire local residents must be encouraged to hire locally, offering quality careers to residents and a moratorium on wealthy developers being allowed to buy up apartment buildings and leave the units vacant.

For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive list of vacant properties.

OAG funding is helping the Chautauqua County Land Bank demolish between 40 - 50 highly distressed properties, as well as preserve and resell 40 - 50 vacant «side lots» that will be converted to open space and transferred to responsible owners who will put the lots back on the tax rolls.

The «zombie» property had been of great concern to neighbors as it sat vacant and deteriorating and was donated to the Land Bank by JPMorgan Chase in 2015, along with financial remuneration to insure that Village taxes on the property were current through 2015.

The latest version of Mayor Bill de Blasio's affordable housing program takes aim at unused real estate, proposing a tax hike on vacant land...

New regulations included federal measures to tighten mortgage insurance rules, expand stress tests, and improve tax fairness around capital gains exemptions as well as changes to the Canada Mortgage and Housing Corporation's securitization programs; B.C.'s new 15 % land transfer tax on foreign nationals in Metro Vancouver and introduction of the Home Owner Mortgage and Equity program to provide interest - free loans to first - time buyers, along with Vancouver's introduction of a tax on vacant homes; and Ontario's doubling of the land - transfer tax rebate for first - time buyers, combined with a tax increase on homes over $ 2,000,000.

TORONTO — Ontario plans to help cool a hot housing market by bringing in a 15 - per - cent foreign buyer tax, expanding rent control, allowing Toronto to impose a tax on vacant homes and using surplus lands for affordable housing.