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New York affordable housing programme gets tax break boost

Published Wed, Apr 12, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    IT took nearly two years, but Governor Andrew Cuomo on Friday reached an agreement with the New York State Legislature to put back together a long-running affordable housing programme, known as 421-a, that gives developers a city tax break in return for building lower-price rental units.

    Just do not call it 421-a.

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