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Exemption Administration Manual, Part 2: Multiple dwellings and urban renewal—Section 4.07 - RPTL Section 414: Public housing, publicly assisted housing, and limited-profit nursing homes

Assessor Manuals

Section 4.07 - RPTL Section 414: Public housing, publicly assisted housing, and limited-profit nursing homes

See exemption profiles for the following statutes:

RPTL Section 414
PHFL §33(1)(a) - Limited-profit housing companies
PHFL §33(1)(c) - Limited-profit housing companies (UDC subsidiary other than not-for-profit)
PHFL §33(1)(d) - Limited-profit housing companies (projects financed by federally insured mortgage loan)
PHFL §33(2) - Limited-profit housing companies (dwellings leased to NYS housing finance agency)
PHFL §33(3) - Limited-profit housing companies (dwellings leased to municipality or municipal housing authority)
PHFL §33(4) - Limited-profit housing companies (mutual company (co-op)organized for acquisition of building by its residents)
PHFL §36-a(4) - Municipally owned housing projects sold or leased to housing development fund company or limited-profit housing company
PHFL § §93(3) & 93(5) - Limited dividend housing companies (project completed prior to 1/1/39)
PHFL § §93(4) & 93(5) - Limited dividend housing companies (project completed between 1/1/39 and 12/31/72 or after 1/1/79)
PHFL §93(6) - Limited dividend housing companies (UDC subsidiary)
PHFL §97 - Limited dividend housing companies organized pursuant to State Housing Law of 1926 (building erected before 1/2/37)
PHFL §556 - Limited dividend housing companies or limited-profit housing companies (Property purchased or leased from municipality or municipal housing authority)
PHFL §577(1) - Housing development fund companies (property not described by other sections of law)
PHFL §577(3) - Housing development fund companies (UDC subsidiary other than not-for-profit)
PHFL §654-a - NYC housing development corporation subsidiaries—Limited-profit housing company or housing development fund company
Pub Hel L §2864 - Limited-profit nursing home companies
Pub Hsng L § §52(3), 52(5) & 52(6)- Municipal housing authorities (project financed or aided by federal government or municipality but not by NYS)
Pub Hsng L § §52(4) & 52(5) - Municipal housing authorities (project financed or aided by NYS)
Pub Hsng L §58(3) - Municipal housing authorities (project sold or leased to limited-profit mutual (co-op) housing company)

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