Establishes the shovel-ready housing program for municipalities to pre-authorize property for housing construction and creates a tax rebate for.

The bill establishes the shovel-ready housing program, allowing certain municipalities to pre-authorize property for housing construction. It also creates a shovel-ready community tax rebate for eligible taxpayers in participating municipalities. The rebate is based on the STAR tax savings and the taxpayer's qualified gross income. Additionally, the bill provides for annual apportionment to municipalities that have certified participation in the shovel-ready housing program.

Establishes the shovel-ready housing program for municipalities to pre-authorize property for housing construction and creates a tax rebate for.

The bill establishes the shovel-ready housing program, allowing certain municipalities to pre-authorize property for housing construction. It also creates a shovel-ready community tax rebate for eligible taxpayers in participating municipalities. The rebate is based on the STAR tax savings and the taxpayer's qualified gross income. Additionally, the bill provides for annual apportionment to municipalities that have certified participation in the shovel-ready housing program.