N.Y. Real Property Tax Law Section 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 § 422 (Not-for-profit housing companies)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.

Source: Section 414 — Public housing, publicly assisted housing and limited-profit nursing homes, https://www.­nysenate.­gov/legislation/laws/RPT/414 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 414’s source at nysenate​.gov

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