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N.Y. RPT Law § 414

This is the official text of N.Y. RPT Law § 414, part of New York’s RPT Law — part of the compiled statutory law of New York, published by the state as "RPT Law." Browse the sections below, each linked to its official government source.

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Public housing, publicly assisted housing and limited-profit nursing homes

Official statutory text

§ 414. Public housing, publicly assisted housing and limited-profit\nnursing homes. Real property owned by a municipal housing authority and\n"war demobilization emergency housing" shall be entitled to the\nexemption provided in the public housing law. Real property owned by a\nlimited-profit housing company, a limited dividend housing company or a\nhousing development fund company shall be entitled to the exemption\nprovided in the private housing finance law, except as otherwise\nprovided in section four hundred twenty-two of this chapter. Real\nproperty owned by a limited-profit nursing home company shall be\nentitled to the exemption provided in the public health law.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.