REMARKS
Council to vote on finance items for housing preservation
0:21:13
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43 sec
Speaker Adams presents several finance items for voting, primarily focused on tax exemptions for housing preservation across different districts. These items aim to support affordable housing initiatives in the city.
- Pre-considered resolution for a 40-year Article 11 tax exemption in Council Member Dinowitz's district
- Two pre-considered resolutions for Council Member Salaam's district: a 2.5-year Article 5 tax exemption and a 40-year Article 11 tax exemption
- Transparency resolution for new designations and changes in organization funding in the expense budget
Adrienne E. Adams
0:21:13
We'll also vote on the following finance items, a preconsidered resolution sponsored by council member Justin Brannen authorizing a 40 year article 11 tax exemption for the preservation of 1 rental building in council member Genowitz's district.
0:21:27
A pre considered resolution sponsored by council member Brannen authorizing a 2 and a half year article 5 tax exemption for the preservation of 2 rental buildings in council member Salaam's district.
0:21:37
A pre considered resolution sponsored by council member Brannan authorizing a 40 year article 11 tax exemption for the preservation of 2 rental buildings also in council member Salaam's district.
0:21:49
And a transparency resolution approving new designations and changes of certain organizations receiving funding in the in the expense budget.
