BKReader
6 months agoNYC politics
Mayor Adams Launches Task Force for Affordable Housing Projects
New York City Mayor Eric Adams has launched the "Housing-at-Risk Task Force" to save housing projects at risk of forfeiting the expired 421-a tax reduction.
The task force aims to ensure that housing projects started before the 421-a expiration date do not lose the tax benefits as long as they are completed by June 15, 2026. [ more ]