Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | New York |
| Effected Jurisdiction: | Ossining Union Free School District |
Jurisdiction type: | School district |
| Fiscal year ending In: | 2019 |
| Program name: | (not specified) |
| Program purpose: | Real estate development (residential) |
| Statutory authority: | Article V or Article XI of the Private Housing Finance Law of the State of New York |
| Abating jurisdiction(s): | The City of Ossining |
| Applicable taxes: | Real Property Tax |
| Method of abatement: | Payment In Lieu of Taxes (PILOT) |
| Provisions for recapture: | Payment in lieu of taxes continues until the property no longer provides the required Affordable Housing or no longer complies with the requirements of the PHFL. |
| Gross revenue loss: | $1,437,841 |
| Reimbursement / offset: | $484,340 |
| Net revenue loss: | $953,501 |
| Type of loss: | Passive |
| Additional notes on dislosure: | (none) |
