A union representing laborers is pushing for Governor Kathy Hochul to enact a replacement for the 421-a affordable housing program that includes a $40 minimum wage for construction workers — but other unions say that the proposal is far too low.
Governor Kathy Hochul and state legislators are seeking to replace the 421-a tax-exemption program, which provided property tax exemptions for developers building properties in the city that were designated to be affordable housing. It expired in June 2022
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