page-background02

A. 4450: Authorizes a Residential Redevelopment Inhibited Property Exemption

Bill Number: A. 4450
Position: Support
NYCOM MEMO

Description:
Would authorize municipalities to institute a property tax exemption on the increased assessment associated with the repair and redevelopment of certain dilapidated residential properties to the extent that the assessment would appreciate as a result of the repair and redevelopment.

Status: Click here for summary and text.