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2020 | 2019 | 2018 | 2017 | 2016 | 2015
New York City, NY Revenue Losses from Subsidy Programs
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| Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset | Net Revenue Loss | Type of Loss |
|---|---|---|---|---|---|
| Battery Park City Authority | Governmental functions | $138,200,000 | $0 | $138,200,000 | Passive |
| Build NYC Tax Abatement Program | Construction/rehabilitation | $1,023,000 | $0 | $1,023,000 | Active |
| Commercial Conversion Programs 421-a, 421-b, 421-g | Construction/rehabilitation | $1,600,700,000 | $0 | $1,600,700,000 | Active |
| Commercial Growth Program - Mortgage Recording Tax Abatement | Economic development | $2,268,000 | $0 | $2,268,000 | Active |
| Commercial Growth Program - PILOT | Economic development | $130,142,000 | $0 | $130,142,000 | Active |
| Commercial Growth Program - Sales Tax Abatement | Economic development | $7,051,000 | $0 | $7,051,000 | Active |
| Division of Alternative Management Programs (DAMP) | Housing privatization | $46,800,000 | $0 | $46,800,000 | Active |
| Empire State Development Corporation | Construction/rehabilitation | $314,000,000 | $0 | $314,000,000 | Passive |
| Industrial and Commercial Incentive Program (ICIP) and Industrial and Commercial Abatement Program (ICAP) | Construction/rehabilitation | $840,000,000 | $0 | $840,000,000 | Active |
| Industrial Incentive Program - Mortgage Record Tax Abatement | Economic development | $937,000 | $0 | $937,000 | Active |
| Industrial Incentive Program - PILOT | Economic development | $37,788,000 | $0 | $37,788,000 | Active |
| Industrial Incentive Program - Sales Tax Abatement | Economic development | $750,000 | $0 | $750,000 | Active |
| J51 Program | Housing rehabilitation | $301,100,000 | $0 | $301,100,000 | Active |
| Low Income Housing Program 420-C | Affordable housing | $285,800,000 | $0 | $285,800,000 | Active |
| Major Capital Improvement (MCI) Program | Residential improvement | $16,600,000 | $0 | $16,600,000 | Active |
| Relocation and Assistance Program (REAP), Lower Manhattan Relocation and Employment Assistance Program for Eligible Benefits (LMREAP-EB) and Lower Manhattan Relocation and Employment Assistance Program for Special Eligible Benefits (LMREAP-SEB) | Business attraction/retention | $31,000,000 | $0 | $31,000,000 | Active |
| Solar Electric Generating System (SEGS) Abatement Programs | Renewable energy | $20,400,000 | $0 | $20,400,000 | Active |
| Sports Arean Used by NHL and NBA | Sports | $42,500,000 | $0 | $42,500,000 | Active |
| The Commercial Revitalization (CRP) and Commercial Expansion (CEP)s | Construction/rehabilitation | $14,200,000 | $0 | $14,200,000 | Active |
| Urban Development Action Area Programs (UDAAP) | Construction/rehabilitation | $22,000,000 | $0 | $22,000,000 | Active |
| TABULATED TOTAL | $3,853,259,000 | $0 | $3,853,259,000 |
