#tax-abatements

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fromInvestigative Post
1 day ago

Investigative Post event on reforming Buffalo and NY government.

John Kaehny has written and successfully lobbied for the passage of state and New York City laws related to government transparency and accountability, including the first open data law in the world in 2012.
NYC politics
NYC real estate
fromCity Limits
2 days ago

Opinion: Expanding the J-51 Tax Incentive is Key Co-ops Staying Affordable-And Becoming Sustainable

Expanded J-51 proposal can help co-ops afford energy upgrades and maintain affordability for residents.
#new-york-city
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
New York City
fromNew York Daily News
3 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
New York City
fromwww.amny.com
2 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
East Bay (California)
fromThe Oaklandside
1 day ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
Boston
fromBoston.com
2 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
#san-francisco
SF politics
from48 hills
2 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
SF politics
from48 hills
2 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
UK politics
fromIndependent
2 days ago

New derelict property tax will affect up to 19,000 sites in bid to boost housing supply

Revenue will collect a new 7% tax on up to 19,000 derelict properties to boost housing supply.
Boston real estate
fromBoston.com
3 days ago

Amid slowdown, developers set to sell part of dormant Dorchester megaproject

Developers are scaling back plans for Dorchester Bay City and putting a significant portion of the site up for sale due to market challenges.
Real estate
fromFast Company
3 days ago

Home flipping stabilized after being hit by its biggest pullback since 2007

Home flipping activity has stabilized around 2019 levels, with seasoned flippers planning to execute deals in 2026 despite a slower appreciation environment.
SF real estate
fromFortune
6 days ago

The ROAD Act passed by the Senate aims to expand America's housing supply. It's likely to shrink it instead | Fortune

The 21st Century ROAD to Housing Act aims to limit single-family home rentals to address the housing shortage.
#rent-a-room-scheme
#tourist-tax
Europe news
fromIndependent
1 week ago

The 50m question: From lidos to late buses and a boating lake in Phoenix Park, how to spend Dublin's tourist tax windfall

Dublin City Council proposes a tourist tax of €2 to €5 per night, potentially generating €30m to €50m annually.
Europe news
fromIndependent
1 week ago

The 50m question: From lidos to late buses and a boating lake in Phoenix Park, how to spend Dublin's tourist tax windfall

Dublin City Council proposes a tourist tax of €2 to €5 per night, potentially generating €30m to €50m annually.
Canada news
fromwww.cbc.ca
1 week ago

Province planning to remove HST on new homes for 1 year | CBC News

The province will temporarily remove HST for new homes valued up to $1 million from April 1, 2026, to March 31, 2027.
Remote teams
fromFortune
1 week ago

Tulsa turned a $10,000 relocation incentive into an $878M win | Fortune

Relocation incentives in Tulsa have significantly boosted the local economy and workforce, with over 4,000 workers contributing $878 million.
fromInsideHook
1 week ago

Some Drivers Will Qualify for a New Tax Break on Car Payments

An update to the tax code will enable some car buyers to write off their monthly payments on their taxes this year, with significant caveats for eligibility.
Cars
#housing-policy
from48 hills
1 week ago
SF politics

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
NYC real estate
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Why new apartments will be larger, costlier

New York's multifamily tax break 485x incentivizes developers to build fewer, larger, more expensive apartments instead of more affordable units by triggering higher wage scales at specific unit thresholds.
SF politics
from48 hills
1 week ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
NYC real estate
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Why new apartments will be larger, costlier

New York's multifamily tax break 485x incentivizes developers to build fewer, larger, more expensive apartments instead of more affordable units by triggering higher wage scales at specific unit thresholds.
fromFast Company
2 weeks ago

If you want housing abundance, let the market work

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Philosophy
Fundraising
fromNew York Post
2 weeks ago

Jersey City begs for record-breaking $150M in state aid as it faces 'full-blown financial crisis'

Jersey City seeks $150 million in state aid to address a $254 million budget deficit amid a financial crisis.
fromwww.housingwire.com
2 weeks ago

How Public Financing Wins Projects Before You Build

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
LA real estate
fromBoston.com
2 weeks ago

'More money in my pocket is a no-brainer': Readers weigh in on proposed income tax cut

A recent analysis from Tufts University's Center for State Policy Analysis estimates it would reduce state tax revenue by roughly $5.1 billion per year - about a 10% overall decline - while saving the median Massachusetts household around $1,250 annually.
Boston
Real estate
fromwww.housingwire.com
2 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
#housing-affordability
fromwww.housingwire.com
1 month ago
Real estate

Whitmer calls for Michigan housing reform to cut red tape

Governor Whitmer proposes a comprehensive housing package with a new affordable-housing tax credit and regulatory reforms to increase construction for working- and middle-class Michiganders facing affordability challenges.
fromwww.housingwire.com
2 months ago
Real estate

A blueprint for making housing more affordable

Housing affordability problems stem primarily from housing scarcity and high home costs driven by zoning, permitting, and regulatory barriers, not just high mortgage rates.
SF politics
fromwww.housingwire.com
2 weeks ago

The ROAD to Housing Act passed big, here is what it missed

The 21st Century ROAD to Housing Act represents bipartisan recognition of a housing affordability crisis impacting the American Dream and political stability.
Boston real estate
fromwww.housingwire.com
1 month ago

Democrats propose bill targeting corporate housing tax breaks

Democrats introduce legislation to restrict institutional investors and hedge funds from bulk-purchasing single-family homes to address housing affordability crisis and preserve homeownership opportunities.
Real estate
fromwww.housingwire.com
1 month ago

Here's what will actually move the needle on housing affordability

Housing affordability requires land-use reform and builders must shift focus to market segments where they can control outcomes, as traditional solutions like lower rates, off-site construction, subsidies, and value engineering are individually insufficient.
#nyc-budget
fromwww.amny.com
1 week ago
New York City

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

New York City
fromwww.amny.com
1 week ago

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
Boston
fromBoston.com
2 weeks ago

Would a Massachusetts income tax cut actually help you? Here's what to know.

A proposed ballot measure would reduce Massachusetts income tax from 5% to 4%, saving the median household $1,250 annually but costing the state approximately $5.1 billion in revenue.
London politics
fromwww.bbc.com
2 weeks ago

'Why councils need tourism tax revenue by default'

London boroughs demand 50% of revenue from a new tourist tax to offset the 1.5bn annual costs of tourism-related services they provide.
fromIrish Independent
3 weeks ago

Revenue urges taxpayers to claim back money they are owed via MyAccount

So far this year, Revenue has paid out €637m in tax refunds to well over half-a-million taxpayers. Average refunds are nearly €1,000 for this year, new figures show, but more money is likely to be available to more PAYE workers. People got money back because of their employers taking too much income tax and for claims for tax reliefs like spending on GPs and prescriptions.
Retirement
California
fromwww.mercurynews.com
4 weeks ago

Walters: Los Angeles and Bay Area voters to decide whether to hike already high sales taxes

California voters face unprecedented sales tax increases in 2024, with Los Angeles and Bay Area counties seeking to raise rates to historic levels to fund healthcare and transit services.
NYC real estate
fromwww.housingwire.com
3 weeks ago

New Jersey proposal could reduce senior property tax relief

New Jersey proposes reducing Stay NJ property tax relief eligibility from $500,000 to $250,000 income and cutting maximum combined benefits from $6,500 to $4,000 to target relief toward low- and middle-income seniors.
Real estate
fromwww.housingwire.com
3 weeks ago

Trade groups push for changes to ROAD to Housing Act provisions

A bipartisan housing bill combining House and Senate provisions faces concerns from mortgage bankers over provisions that could reduce housing supply and increase lender costs through FHA loan limit decreases and expanded disclosure requirements.
European startups
fromPortland Mercury
1 month ago

Legislators Temporarily Cut Data Centers From Oregon Tax Break Bill

Oregon's budget subcommittee blocked new data center projects from tax break eligibility until summer 2027, preventing hundreds of millions in additional subsidies to already-profitable companies like Amazon, Meta, Apple, and Google.
NYC politics
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Applying tax the rich to rent stabilization

An income-tax surcharge on high-earning rent-stabilized tenants could generate revenue while incentivizing them to move to better housing, freeing apartments for those with greater need.
Remote teams
fromYahoo Finance
4 weeks ago

Canadians may be missing a tax deduction

Work-from-home tax relief methods changed after 2022; employees must now use detailed calculation methods instead of the temporary flat-rate approach to claim home office expenses.
fromBusiness Matters
1 month ago

The impact of road signs on economic development

When routes are well organized, there are clear directional signs, and speed limits become reasonable. The early installation of warning signs allows transport companies to plan deliveries more accurately and avoid delays. For businesses, time is money. When a truck carrying goods does not spend hours detouring due to an unclear traffic scheme or stuck in traffic where it could have been avoided thanks to competent traffic management, fuel costs, driver wages, and vehicle maintenance costs are reduced.
Alternative transportation
New York City
fromwww.amny.com
2 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
SF politics
from48 hills
3 weeks ago

Lurie plan uses regressive taxes to 'save' Muni, in the short term - 48 hills

Mayor Lurie launched a parcel tax campaign to generate $150-200 million annually for Muni, preventing service cuts and addressing a $300 million budget deficit.
NYC politics
fromHoodline
3 weeks ago

NYC Council Pushes Ahead With Pay Raise Plan

New York City Council is advancing a pay increase package for elected officials during a budget crisis, bypassing the standard quadrennial commission review process.
fromwww.housingwire.com
3 weeks ago

New Jersey Realtors calls for graduated percent fee relief

At a time when affordability remains one of the state's most pressing challenges, adding additional transaction costs makes it harder for buyers and sellers to participate in the market that so desperately needs participation. New Jersey Realtors said the state should consider reducing or reforming the fee as it applies to residential housing.
Real estate
NYC real estate
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Debating a J-51 reboot

New York's J-51 property tax abatement program expires this year, with Governor Hochul and Senator Kavanagh proposing competing revival plans that extend benefits to 10 years and increase tax break values to 100 percent of renovation costs.
SF politics
fromFortune
3 weeks ago

Virginia's starting to question whether its giant tax breaks for data centers are such a good idea | Fortune

Virginia senators voted to end a $1.6 billion annual tax break for data centers, requiring the industry to resume paying minimum sales tax amid national pushback against data center expansion.
NYC real estate
fromSpectrumlocalnews
3 weeks ago

New bill proposes vacant buildings be converted into apartments

New York state legislation proposes a 10% tax credit to convert vacant office buildings into residential housing, addressing high downtown vacancy rates and housing shortages in upstate cities.
Real estate
fromLos Angeles Times
26 years ago

Guidelines Altered for Obtaining Tax Credits to Build Affordable Housing

California's Tax Credit Allocation Committee adopted new objective rules for distributing over $400 million annually in federal tax credits to affordable housing developers, replacing a lottery system that previously determined funding allocation.
US politics
fromNKyTribune
1 month ago

Kenton Mayors Group discusses occupational fees, apportionment and refunds - NKyTribune

Remote and hybrid work has disrupted local payroll tax apportionment; House Bill 495 sought to apportion corporate-office wages to office locales but was withdrawn.
fromNew York Post
1 month ago

Mamdani's corporate tax push could cause exodus to Jersey, business honcho claims

"I don't think the tax conversation is productive because we are going to be 100% higher than New Jersey if we take that proposal. New Jersey's current corporate tax rate is 11%. If we do what the Mayor has recommended, will be at 22% - 100% over New Jersey," Steve Fulop, the new CEO of the Partnership for The City of New York said Sunday on 77 WABC's the "Cats Roundtable" program.
New York Knicks
Canada news
fromwww.cbc.ca
1 month ago

Ontario not purchased or leased new space for thousands of returning civil servants | CBC News

Ontario government has not signed new leases or purchased real estate despite mandating 60,000 public servants to return to full-time in-office work, causing space shortages.
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
#property-tax-reform
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
fromLos Angeles Times
41 years ago

Loan Arranged for Rehab Development

First Interstate Mortgage Co.'s income property division has arranged a $2.3-million construction loan and $2.6-million permanent loan for the rehabilitation of an existing three-story building in Pasadena, located at 95 N. Marengo St.
Real estate
SF politics
from48 hills
1 month ago

And now, another big tax cut for the developers and speculators in SF - 48 hills

San Francisco's proposed transfer tax cut on high-end property sales would reduce affordable housing funding without addressing the actual barrier to housing construction: economic feasibility of building itself.
Miscellaneous
fromIrish Independent
2 months ago

Revenue raises less than 50m in opening year of land-hoarding tax

Revenue completed 291,600 audits with 204 convictions; RZLT raised €49.2m amid low filings, deferrals, exemptions and enforcement measures.
California
fromPadailypost
2 months ago

County wins health care tax, buys office building

Santa Clara County is purchasing a medical office building and funding the acquisition plus seismic upgrades with 30-year tax-exempt bonds.
World news
fromTechRepublic
2 months ago

India Offers Tech Giants Tax-Free Status Until 2047 - TechRepublic

India offers a full tax holiday until 2047 for foreign AI and cloud providers that route global services through Indian data centers, conditional on using Indian reseller entities.
Business
fromIndependent
2 months ago

Seven easy ways to pay less tax in 2026 - and how to earn 29,000 this year, tax-free

Apply available tax credits, reliefs and exemptions to increase take-home pay.
#council-tax
Canada news
fromwww.cbc.ca
2 months ago

Toronto proposing 2.2% tax increase in 2026 budget | CBC News

Toronto proposes a 2.2% property tax increase for 2026, split into 0.7% residential and 1.5% city building levy.
#new-york-city-budget
fromwww.mercurynews.com
1 month ago

San Jose City Council agrees to place hotel tax increase on the June ballot

San Jose city leaders are moving ahead with a June ballot measure to raise hotel taxes, seeking to generate millions of dollars for critical services amid budgetary woes. With the city already forced to cut previously approved services and institute a hiring freeze to rebalance this year's budget, next year promises to be even more challenging, as San Jose faces an estimated potential shortfall of $55 million to $65 million, due in part to the sluggish economy and stagnating revenue.
US politics
fromThe Motley Fool
1 month ago

This Potentially Lucrative Tax Break May Be Off the Table for You This Year | The Motley Fool

Most of us would like to pay the IRS as little money as possible each year. And that's where tax credits and deductions come in. A tax credit is a dollar-for-dollar reduction of your tax liability, while a tax deduction allows you to exempt a portion of your income from taxes. If you're in a high tax bracket, claiming the right deductions could result in a huge amount of savings.
Business
#property-tax
fromwww.housingwire.com
1 month ago

Shapiro unveils a $1B plan to 'go big' on housing and zoning reform

Rather than tinker with this, let's go big and make a real impact, Shapiro told legislators in his annual state-of-the-state address Tuesday. We need hundreds of thousands of new homes.
US politics
UK politics
fromwww.bbc.com
2 months ago

Can a council do five days' work in four?

South Cambridgeshire District Council adopted a 32-hour, four-day week and reports improved retention, higher applicant numbers, agency savings, and maintained or improved most service metrics.
Real estate
fromStreetsblog
2 months ago

A Few Legal Tweaks Could Unlock A Mother Lode of Housing Near Transit - Streetsblog USA

The Build HUBS Act would enable communities to use TIFIA and RRIF funds to finance transit-oriented housing near transit, potentially unlocking up to 100,000 units.
Real estate
fromwww.housingwire.com
1 month ago

Georgia Senate advances bill to sunset affordable housing tax credits

Georgia will cut state low-income housing tax credits 50% next year and eliminate them within five years, risking foreclosures and reducing affordable housing production.
Real estate
fromwww.housingwire.com
2 months ago

Bill proposes eliminating capital gains tax on home sales

A Jan. 13 bill would let homeowners sell a primary residence tax-free after two years of occupancy to boost housing supply and affordability.
Real estate
fromwww.mercurynews.com
2 months ago

San Jose could add financial perks to help speed up housing development

San Jose is expanding financial incentives to boost housing development as rising construction costs and stalled projects jeopardize state-mandated housing goals.
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