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Mayor Adams, Gov. Hochul Celebrate New Tax Incentive Numbers to Help Build Tens of Thousands of Critically-Needed Affordable Housing Units
October 17, 2024
NEW YORK, Oct. 17 -- New York City Mayor Eric Adams issued the following news on Oct. 16, 2024:

New York City Mayor Eric Adams and New York Governor Kathy Hochul today celebrated new numbers for the 421-a extension tax incentive program to help build tens of thousands of critically needed affordable housing units. The New York City Department of Housing Preservation and Development (HPD) received Letters of Intent for approximately 650 buildings, representing about 71,000 new homes, . . .

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