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NYC Department of Housing Preservation & Development

FINANCING - Financing tools

Tax Incentive Programs: Tax incentive programs are for developers and future or current property owners. Some applications are available online. Click on programs for more details and links to available forms and applications.

Low Income Housing Tax Credits: Low Income Housing Tax Credits are awarded annually on a competitive basis to qualified low-income housing projects.

Inclusionary Housing:  The Inclusionary Housing Program provides a zoning bonus for multiple dwelling developments in return for new construction, substantial rehabilitation, or preservation of permanent affordable housing.

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