Affordable home zone
BY WARREN WOODBERRY JR. for DAILY NEWS June 27th 2007
Boro set to get 2 new budget areas
For low-and middle-income Queens families, the quest to find affordable housing is once again about to get a little easier...
...The law would provide 25-year property tax breaks to developers who make at least 20% of their units affordable.
Jackson Heights, Woodside, Corona, Elmhurst and East Elmhurst are among borough neighborhoods with rising housing prices where locals could live in rent-stabilized units for 40 years within designated exclusionary zones under section 421a of the state's real estate tax laws...
Boro set to get 2 new budget areas
For low-and middle-income Queens families, the quest to find affordable housing is once again about to get a little easier...
...The law would provide 25-year property tax breaks to developers who make at least 20% of their units affordable.
Jackson Heights, Woodside, Corona, Elmhurst and East Elmhurst are among borough neighborhoods with rising housing prices where locals could live in rent-stabilized units for 40 years within designated exclusionary zones under section 421a of the state's real estate tax laws...
posted by rio rocket valledor at 9:34 AM
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