#property-tax-relief

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fromwww.housingwire.com
2 days ago

Tennessee proposes full property tax reimbursement for seniors

According to the proposal, the cost of the program would equal approximately 3% of Tennessee's annual state budget. It could be funded by the state's recurring surplus estimated at $1.5 billion to $2.5 billion per year. Mitchell asserted that Tennessee has the fiscal capacity to support the initiative without cutting existing services or raising taxes. The money is there. The question is priority, he said.
US politics
New York City
fromwww.amny.com
2 months ago

Mitchell-Lama residents in Chelsea poised for tax relief under new law signed by Hochul

New law authorizes NYC to provide property tax relief to Penn South and halves taxes for nearly 100,000 Mitchell-Lama households, preserving affordable co-op housing.
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