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Budget Testimony/Housing: End NY's Opportunity Zone Tax break, Stop IDAs from Unconstitutional Housing Projects - Reinvent Albany

Summary by reinventalbany.org
Testimony of Reinvent Albany for the Joint Legislative Hearing On Housing   February 27, 2025   Reinvent Albany advocates for open, accountable New York government and fact-based public policy.   First, we urge you to end New York’s $424 million a year Opportunity Zone (OZ) tax break – stop subsidizing out-of-state and in-state luxury housing. We urge the Senate and Assembly to put into your one-house budgets S3340 (Gianaris) / A3247 (Dinowitz),…
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cssny.org broke the news in on Thursday, February 27, 2025.
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