J-51 Program definition

J-51 Program means the program of exemption from and/or abatement of real property taxation authorized pursuant to Real Property Tax Law §489 and City of New York Administrative Code §11-243.
J-51 Program means the New York City tax abatement program that was the subject of the Complaint.
J-51 Program means the program of exemption from or abatement of real property taxation authorized pursuant to Section 11-243 of the New York City Administrative

Examples of J-51 Program in a sentence

  • J-51 Program, Residential Alterations and Rehabilitation CitationNYS Real Property Tax Law, Section 489 NYC Administrative Code, Section 11-243Policy ObjectiveEncourage the rehabilitation of existing residential structures by providing tax exemptions and abatements.DescriptionJ-51 benefits vary based on government involvement in the rehabilitation of the property, its location, and the extent and nature of the improvement.

  • To amend rules governing the J-51 Program and implement legislation.

  • J-51 Program, Residential Alterations and Rehabilitation CitationNYS Real Property Tax Law, Section 489 NYC Administrative Code, Section 11-243Policy ObjectiveTo encourage the rehabilitation of existing residential structures by providing tax exemptions and abatements.DescriptionJ-51 benefits vary based on government involvement in the rehabilitation of the property, its location, and the extent and nature of the improvement.

  • With federal policies such as the 203 (k) Rehabilitation Mortgage Insurance Program, the Community Development Block Grants, and New York City’s J-51 Program, these programs contributed significantly to gentrification once it was well into effect in the 1970s.

  • The J-51 Guidebook did mention that the rehabilitation of SRO units was eligible for “enriched exemption and abatement benefits” but this activity was not covered under the J-51 Program.

  • The University may, with the agreement of the Association, establish a Limited-Term Position for a period of greater than twenty-four (24) months.

  • The J-51 Program has been repeatedly amended to impose additional requirements concerning, inter alia, the use of the buildings and apartments that are eligible for J-51 treatment.

  • MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 1 2 3 4 5 6 Back to Contents CONSOLIDATED REVENUESConsolidated revenues increased by 10.6% in 2008 to € 43.3 billion, as compared to € 39.1 billion for 2007.

  • The term Region includes both the Geographic and the Technical elementsOrganizational Entities of the Society.

  • In the "Save As" dialog box, select a location on your hard drive and rename the file, if you would like, then click "save".

Related to J-51 Program

  • Development Program means the implementation of the development plan.

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Number of Students Who Began the Program means the number of students who began a program who were scheduled to complete the program within 100% of the published program length within the reporting calendar year and excludes all students who cancelled during the cancellation period.

  • Development Plan has the meaning set forth in Section 3.2.

  • Loan Program means the State Treasurer’s Interest-Free Loan Program for Colorado School Districts authorized pursuant to the Loan Program Statutes.