Examples of J-51 Program in a sentence
J-51 Program, Residential Alterations and Rehabilitation CitationNYS Real Property Tax Law, Section 489 NYC Administrative Code, Section 11-243Policy ObjectiveEncourage the rehabilitation of existing residential structures by providing tax exemptions and abatements.DescriptionJ-51 benefits vary based on government involvement in the rehabilitation of the property, its location, and the extent and nature of the improvement.
To amend rules governing the J-51 Program and implement legislation.
J-51 Program, Residential Alterations and Rehabilitation CitationNYS Real Property Tax Law, Section 489 NYC Administrative Code, Section 11-243Policy ObjectiveTo encourage the rehabilitation of existing residential structures by providing tax exemptions and abatements.DescriptionJ-51 benefits vary based on government involvement in the rehabilitation of the property, its location, and the extent and nature of the improvement.
With federal policies such as the 203 (k) Rehabilitation Mortgage Insurance Program, the Community Development Block Grants, and New York City’s J-51 Program, these programs contributed significantly to gentrification once it was well into effect in the 1970s.
The J-51 Guidebook did mention that the rehabilitation of SRO units was eligible for “enriched exemption and abatement benefits” but this activity was not covered under the J-51 Program.
The University may, with the agreement of the Association, establish a Limited-Term Position for a period of greater than twenty-four (24) months.
The J-51 Program is administered by the NYC Department of Housing Preservation and Development (HPD) to encourage the renovation of residential properties by granting partial tax exemption and abatement benefits.
Report on issues at Independence House, 176 West 94th Street.2. Proposed resolution in support of CB9M’s resolution to reauthorize the J-51 Program, as amended.
The J-51 Program is administered by the NYC HPD to encourage the renovation of residential properties by granting partial tax exemption and abatement benefits.
The J-51 Program is administered by the HPD to encourage the renovation of residential properties by granting partial tax exemption and abatement benefits.