Public housing across the state is in severe disrepair, yet our state keeps funneling billions in subsidies and tax breaks to corporate landlords and developers. These issues are directly connected: subsidies and tax abatements for landlords and developers are coming at the expense of investments in repairing and rebuilding public housing.
The key culprits here are the 421-a and 485-a programs that cost our state upwards of $4 billion annually, but only benefit corporate landlords and wealthy developers.
That’s why, to fund public housing, we’re calling on you to eliminate 421-a and 485-a. They are costly, wasteful programs and harmful to tenants and communities.