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 or Territory: | New York |
Effected Jurisdiction: | Erie County |
Jurisdiction type: | County |
Fiscal year ending In: | 2020 |
Program name: | Housing for Low and Very Low Income Households PILOT Program |
Program purpose: | Affordable Housing |
Statutory authority: | Articles 5 and 11 of the New York State Private Housing Finance Law and section 421-e of the New York State Real Property Tax Law |
Abating jurisdiction(s): | City of Buffalo |
Applicable taxes: | Real Property Tax |
Method of abatement: | Tax abatement; PILOT |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $764,025 |
Reimbursement / offset: | $0 |
Net revenue loss: | $764,025 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www4.erie.gov/comptroller/financial-statements |