Hoping to promote less expensive housing, one of the first things the new Albany City Council will do next month is to add a city tax on new construction valued at more than $50,000.
Posted in: Commentary, News
Tags: Albany housing, construction excise tax, low-income housing projects, property tax exemption, subsidized housing
Tags: Albany housing, construction excise tax, low-income housing projects, property tax exemption, subsidized housing
Albany pauses on subsidized housing laws
Two Albany proposals to promote subsidized housing will get another look before they are enacted. And if they get improved as a result, part of the credit goes to Councilwoman Matilda Novak even though she’s no longer on the council.
Tags: Albany council, construction tax, housing, Matilda Novak, subsidized housing, tax exemption