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Tax Abatement Replaces J-51 Program to Promote Affordable Housing Improvements in New York City

Governor Kathy Hochul recently signed legislation authorizing a new tax abatement to promote improvements to affordable housing in New York City. In June 2023, lawmakers in New York State passed the Affordable Housing...more

New York Considering Additional Emergency Assistance for Subsidized and Public Housing

State Senator Brian Kavanagh and Assembly member Grace Lee are calling for the 2023-2024 New York State budget to include $389 million in funding for the Emergency Rental Assistance Program (“ERAP”). Landlords, public housing...more

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