Governor Hochul Proposes Homeownership Measures
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•Governor Hochul proposes disincentivizing firms, corporations from buying up homes among affordable housing proposals
75% Informative
Governor Kathy Hochul is proposing several measures she said will help New Yorkers achieve the American dream of home ownership.
Some of the measures include providing a starter home innovation fund, which calls for $50 million of capital funding to incentivize the building of more starter homes.
Another major component: disincentivizing large firms from buying up one and/or two -family homes en masse.
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