Kingston lawmakers approve tax breaks for fully-income restricted housing developments – Daily Freeman

KINGSTON, N.Y. — The city’s Common Council unanimously approved tax breaks for developers of fully-income restricted housing at its meeting on Tuesday, Nov. 12.The new law applies to buildings with 10 units or more and sets a tax rate equal to 10% of the rent collected from the units for 30 years.The law falls under […]

Originally Published: November 15, 2024 at 11:15 AM EST