Extends the benefit window of the historic homeownership rehabilitation tax credit and requires additional reporting on the utilization of such.

New York Assembly Bill A05453 extends the benefit window of the historic homeownership rehabilitation tax credit. It also mandates additional reporting on the utilization of this tax credit. The bill requires the commissioner to report annually on the aggregate amount of credits claimed and awarded, including details such as the number and value of tax credit projects, the total value of credits certified, the number of housing units before and after rehabilitation, and the number of projects certified for state credits.

Extends the benefit window of the historic homeownership rehabilitation tax credit and requires additional reporting on the utilization of such.

New York Assembly Bill A05453 extends the benefit window of the historic homeownership rehabilitation tax credit. It also mandates additional reporting on the utilization of this tax credit. The bill requires the commissioner to report annually on the aggregate amount of credits claimed and awarded, including details such as the number and value of tax credit projects, the total value of credits certified, the number of housing units before and after rehabilitation, and the number of projects certified for state credits.