2016 New York Laws
RPT - Real Property Tax
Article 4 - EXEMPTIONS
Title 1 - (400 - 418) PUBLIC PROPERTY
414 - Public housing, publicly assisted housing and limited-profit nursing homes.

NY Real Prop Tax L § 414 (2016) What's This?

414. Public housing, publicly assisted housing and limited-profit nursing homes. Real property owned by a municipal housing authority and "war demobilization emergency housing" shall be entitled to the exemption provided in the public housing law. Real property owned by a limited-profit housing company, a limited dividend housing company or a housing development fund company shall be entitled to the exemption provided in the private housing finance law, except as otherwise provided in section four hundred twenty-two of this chapter. Real property owned by a limited-profit nursing home company shall be entitled to the exemption provided in the public health law.


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