LENDER ALERT: 421-a Renewal Appears Off The Table As State Blows Budget Deadline
April 1, 2022
The future of the Affordable New York tax break, commonly referred to as 421-a, remains uncertain
The future of the Affordable New York tax break, commonly referred to as 421-a, remains uncertain
This past Saturday, January 15, 2022, marked an end to the foreclosure and eviction moratoriums for NY (Chapter 417).
THE BUILD BACK BETTER ACT: PROHIBITION OF IRA INVESTMENTS CONDITIONED ON ACCOUNT HOLDER’S STATUS AND PROHIBITION OF INVESTMENT OF IRA ASSETS IN ENTITIES, DROPPED FROM BILL IN THE LAST 24 HRS
THE BUILD BACK BETTER ACT: PROHIBITION OF IRA INVESTMENTS CONDITIONED ON ACCOUNT HOLDER’S STATUS; PROHIBITION OF INVESTMENT OF IRA ASSETS IN ENTITIES IN WHICH THE OWNER HAS A SUBSTANTIAL INTEREST
On September 1st, the NY State Senate and Governor enacted the following series of statutes: Tenant Safe Harbor Act (“TSHA”), the COVID-19 Emergency Eviction and Foreclosure Prevention Act (“CEEFPA”), and COVID-19 Emergency Protect Our Small Businesses Act (“CEPOSBA”).
Thursday’s crucial ruling will have massive implications on the renters’ market. Essentially, the U.S. Supreme Court has lifted the Biden Administration/CDC’s Eviction Moratorium.
Discover how a competent lender’s attorney for real estate loan closings can ensure a seamless and compliant transaction. Call Private Lender Law at 1-212-536-3529 or return the contact form to schedule a consultation today.
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