24-0608
Real Property Tax - Affordable and Inclusionary Housing - Mandatory Reporting For the purpose of requiring the Departments of Housing and Community Development and Planning to submit a joint report to the City Council prior to seeking the approval of the Board of Estimates of an agreement between the City and an owner or owners of a qualifying affordable or inclusionary housing development that provides for the payment to the City of a negotiated amount in lieu of the payment of City real property taxes for a set term of years.
- Committee
- Ways and Means
- Introduced
- October 21, 2024
- Passed
- December 4, 2024
Where it was heard
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