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Website. www .nyc .gov /hpd. The Department of Housing Preservation and Development ( HPD) is the department of the government of New York City [1] responsible for developing and maintaining the city's stock of affordable housing. Its regulations are compiled in title 28 of the New York City Rules. The Department is headed by a Commissioner ...
Governor Alfred E. Smith Houses, or the Alfred E. Smith Houses. is a public housing development built by the New York City Housing Authority in the Two Bridges neighborhood of the Lower East Side of Manhattan. [3] [4] [5] There are 12 buildings in the complex; all are 17 stories tall. [3]
Article 7A of the New York Real Property Actions and Proceedings Law (RPAPL) enables that "a housing court judge appoints an administrator to collect the building's rents and use them for repairs" as an alternative to "fruitless rent strikes ." [1] About 10% per year of those appointed in the 1980s were removed, and money accountability ...
421-a tax exemption. The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York ...
Amalgamated Warbasse Houses on Coney Island. East River Houses, (1956), in Cooperative Village, 1,672 units, Seward Park Housing Corporation, in Cooperative Village, 1,728 units. Mutual Houses and Park Reservoir Housing Corporation (1955), Bronx affiliated with Amalgamated Housing. Penn South (1962), 2,820 units, Chelsea, Manhattan.
80/20 housing. In the United States, 80/20 housing is multifamily housing program that meets federal guidelines for tax-exempt financing. [1] As the United States continued to experience shortages in affordable housing, [2] the 1986 Tax Reform Act, responsible for the creation of the Low Income Housing Tax Credit (LIHTC), was the first step ...
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