Establishes a fund for the creation of affordable housing for veterans and seniors.
New York A05177 amends the tax law to allow individuals to contribute to the affordable housing for veterans and seniors fund. It also amends the state finance law to establish this fund, held jointly by the commissioner of taxation and finance, the New York state director of veterans' affairs, and the comptroller. The fund will receive contributions from taxpayers and will be used for affordable housing projects benefiting veterans and seniors. The comptroller must report annually on the fund's use, including disbursements and financial plans.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.