21 CRR-NY 508.6NY-CRR
21 CRR-NY 508.6
21 CRR-NY 508.6
508.6 Program incentives.
(a) Subject to the availability of funds, program incentives shall be paid to owners for qualified occupied square footage, as follows:
Program Incentive by Number of Dwelling Units
Number of Dwelling Units | Program Incentive/Qualified Occupied Sq. Ft. | Maximum Program Incentive |
1 | $3.75/sq. ft. | $5,125 |
2 | $3.75/sq. ft. | $6,125 |
3 | $3.75/sq. ft. | $7,125 |
4 | $3.75/sq. ft. | $8,125 |
5 | $3.75/sq. ft. | $8,875 |
6 | $3.75/sq. ft. | $9,625 |
7 | $3.75/sq. ft. | $10,375 |
8 | $3.75/sq. ft. | $11,125 |
9 | $3.75/sq. ft. | $11,875 |
10 | $3.75/sq. ft. | $12,625 |
11 | $3.75/sq. ft. | $13,375 |
(b) No owner shall receive more than $120,000 in program incentive payments during any calendar year.
21 CRR-NY 508.6
Current through October 31, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.