S4414 — Establishes an optional local tax exemption for affordable multi-family housing, to be implemented based on regional recommendations developed by the division of housing and community renewal

S4414 — Establishes an optional local tax exemption for affordable multi-family housing, to be implemented based on regional recommendations developed by the division of housing and community renewal · Informed CitizenryThis bill amends the real property tax law to allow cities, towns, and villages to establish local tax exemptions for newly constructed or converted rental multiple dwellings. To qualify for the ex…Open in Informed Citizenry