The government can provide a subsidy to developers to lower their operating costs in exchange for a certain type of less profitable developemnt, such as affordble housing.

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A program governed by Sections 11-243 and 11-244 of the New York City Administrative Code (formerly numbered J-51) under which, in order to encourage development and rehabilitation, property tax abatements…

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If a tenant or tenant’s spouse is 62 years of age or over (living in a rent regulated apartment) and the combined household income is at or below a certain…

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Section 8

The Housing Choice Voucher program, also known as Section 8, is a federally funded program providing vouchers to low-income renters to subsidize their housing costs in privately owned buildings. This…

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