WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?
Will Springer Realtor
MARCH 14, 2022
Most notable, Senate Bill 5713 would provide a property tax exemption until Jan. 1, 2033 for limited equity cooperative housing, when the property uses at least 95% for housing or other non-commercial purposes and that 85% of its occupants/owners are among a lower-income group. This one, however, is the ultimate jaw-dropper.
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