This bill creates a real property tax exemption for the primary residences of surviving spouses of firefighters who died in the line of duty. It allows local governments and school districts to automatically exempt up to 50% of the assessed value of these homes from taxation, though they retain the option to reduce this percentage if they choose. The law defines eligible firefighters broadly to include paid members of various fire departments and extends the benefit to properties held in trust or by cooperative apartment corporations, while excluding certain types of housing. Additionally, the bill requires the state to develop and publish a list of documents that prove eligibility for this tax relief.
Relates to establishing ground rent rebates for eligible homeowners and renters in the Battery Park project area; provides for a rebate program; provides for a process for application and certification.
Requires timely public advertising or marketing of listed residential properties on platforms accessible to the general public; permits non-public marketing only where the seller gives informed, written direction after receiving a standardized state disclosure that clearly explains the risks and tradeoffs of withholding a listing from public marketing.
This bill allows low-income housing tax credits to be transferred multiple times between different owners or entities, rather than being limited to a single transfer. It directly affects taxpayers who own interests in low-income housing buildings and the entities that receive these tax credits. The key provision permits a transferee to pass the credit on to another person or entity, provided the transfer is properly documented and does not affect the project's eligibility for program benefits. The changes apply to tax credits allocated under the public housing law, regardless of whether the projects are under construction, completed, or in pre-development stages.
This bill extends the Economic Transformation and Facility Redevelopment Program until December 31, 2031, allowing correctional facilities selected for closure between 2011 and 2031 to continue receiving tax credits. The program provides financial incentives to help these facilities transition or redevelop after they are no longer needed for housing inmates. By updating the expiration date, the legislation ensures that eligible correctional facilities can access these tax benefits for a longer period than previously allowed.
Enacts the "independent senior housing resident freedom of choice act" to authorize persons in independent housing, shelters and residences to receive services they could otherwise receive if they resided in a private residence.
Establishes the "New York state lead-safe renovation, repair and painting act"; establishes standards for lead-safe renovation, repair and painting of residential properties; requires documentation of compliance with such standards.
Authorizes shelters for victims of domestic violence to be reimbursed for any payment differential for housing a single individual in a room intended for double occupancy where a single occupancy room is not available.
Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.
Requires the office of temporary and disability assistance to make publicly available on its website information regarding waivers, rental supplement plans and shelter supplement plans.