With the clock ticking toward its expiration, calls to save or scrap the 421-a tax exemption are growing louder and more varied. Among those who want to preserve it, there’s disagreement about whether to require that projects receiving the benefits pay prevailing wages to the people who build the buildings. Now comes a bid to add an element to the program to counteract discrimination against minority- and women-owned businesses.
How does this affect you? Advocates and experts could list the ways, and the list would be long. Let’s say, however, you want specifics–like whether your building or one near you is getting the oh-so-controversial tax break.
You can search using this tool from the Department of Finance to search by address or block and lot.