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News
Church Street Tax Break Explained
5+ day, 2+ hour ago (389+ words) Now the building has a new owner, a new tax agreement and, for the first time in years, an actual deadline...It should have just been a building, ad valorem taxes....well-located 0.84-acre downtown lot, the kind of project developers…...
Tax Board Upholds $1.8M Value Of Apartment Complex
3+ day, 19+ hour ago (58+ words) Law360 Try our Advanced Search for more refined results...Tax Board Upholds $1.8M Value Of Apartment Complex Law360 is on it, so you are, too....
Developer seeks tax breaks for $190M housing, retail development in Port Jeff Station
3+ week, 1+ day ago (693+ words) Credit: NELSON Worldwide An Islandia-based developer is seeking millions in tax breaks to help build...Staller Associates Realty Inc. applied for up to about $7 million in sales and mortgage tax exemptions...and 25 years in tax breaks from the Brookhaven Industrial…...
Spanish Oak Inn tenants explore lawsuit as tax lien raises questions
1+ week, 2+ day ago (118+ words) ...
Monroe County approves tax breaks for new Webster apartments, but it could cost taxpayers $2 million
3+ week, 5+ day ago (179+ words) . — Monroe County approved tax breaks for a new apartment complex currently under construction in Webster...Development Agency, known as COMIDA, voted unanimously in favor of a request from Gerber Homes for tax...However, the town says the tax breaks for…...
New Shoreham Waives Fees for O'Brien Housing Project
1+ week, 4+ day ago (299+ words) An answer on whether accessory dwelling units escape the non-owner-occupied tax is unlikely within three...The most pointed exchange concerned Rhode Island's non-owner-occupied property tax and whether accessory...A staff response said no answer is likely within three months, because…...
State College to buy Addison Court for $15.75M after outcry over redevelopment plans
1+ week, 5+ day ago (949+ words) They would then apply for Low-Income Housing Tax Credits through Pennsylvania’s Section 42 program, which...Additionally, if the LIHTC tax credit program is approved, the borough will also receive a payment estimated...still needed, Fountaine said the borough may need to…...
Apartment Complex Targets Manchester Corridor
9+ hour, 42+ min ago (520+ words) Under the agreement, Brentwood would issue municipal bonds to cover the partial abatement of property taxes...New taxes would be abated at 75% for the first 10 years after construction is completed, falling to 50%...The bond agreement will also include a sales…...
State College council set to vote on deal to buy Addison Court. What are the next steps?
2+ week, 1+ day ago (535+ words) The company would then apply for Low-Income Housing Tax Credits that would allow the building to provide...The building was constructed in 1994 and previously used those state tax credits to keep it affordable...The life span for those tax credits…...
New Downtown Apartments Rising Rapidly in Lake Wales
1+ day, 13+ hour ago (416+ words) project is being developed by Smith & Henzy Affordable Group and financed in part by federal incentive tax...The housing credit program provides a dollar-for-dollar reduction in federal tax liability to offset...