Urban Development Action Area Program (UDAAP)

This exemption is granted to property developed on formerly City-owned land in designated Urban Development Action Area Projects (UDAAP). The program encourages the construction of residential housing in these designated areas, in conformance with land-use standards and the law.

The City Council must pass a resolution designating the project an Urban Development Action Area Project (UDAAP) and authorizing exemption. The NYC Department of Housing Preservation and Development usually requests the resolution. Tax Incentive Programs (TIP) then issues a Certificate of Eligibility, and Finance implements the benefits.

Contact Information
NYC Department of Housing Preservation and Development