Wirths Bill Allowing Long-Term Tax Exemption for Low-Income Housing Is Signed Into Law
January 16, 2020
January 16, 2020
TRENTON, New Jersey, Jan. 16 -- New Jersey State Assembly Republicans issued the following news release on behalf of Assemblyman Hal Wirths:
This week the governor signed a bill (A2536/S538), sponsored by Assemblyman Hal Wirths, to allow municipalities to accept payment-in-lieu-of-taxes for state or federally-subsidized low-income housing beyond the term of a housing project's mortgage.
The town of Sparta established such an agreement with a low-income senior housi . . .
This week the governor signed a bill (A2536/S538), sponsored by Assemblyman Hal Wirths, to allow municipalities to accept payment-in-lieu-of-taxes for state or federally-subsidized low-income housing beyond the term of a housing project's mortgage.
The town of Sparta established such an agreement with a low-income senior housi . . .