On August 19, 2024, New York City Department of Transportation Commissioner Ydanis Rodriguez announced that applications for the Off-Hour Delivery (OHD) Incentive Program have opened. This program provides New York City businesses who make or receive commercial deliveries during the congested times of the day a one-time incentive reimbursement on qualifying deliveries during off-hour deliveries to reduce traffic congestion during the day.
Search Results for: Incentive Program
DOT Launches Incentive Program to Promote Off-Hour Deliveries, Reduce Daytime Congestion
On April 24, 2024, the New York City Department of Transportation Commissioner Ydanis Rodriguez announced incentives to reduce truck deliveries during busy hours of the day in an effort to improve traffic safety, protect the environment, and combat daytime congestion and double-parking. DOT will donate $6 million to incentivize nighttime deliveries from 7 pm to 6 am through their Off-Hour-Delivery Program (OHD). The funding will be allocated through the US DOT’s Congestion Mitigation and Air … <Read More>
City Releases Proposed Rules for Two New Tax Incentives Programs: 485-x and 467-m
On October 8, 2024, the New York City Department of Housing Preservation and Development (HPD) published the proposed rules for the Affordable Neighborhoods for New Yorkers (Real Property Tax Law Section 485-x) and Affordable Housing From Commercial Conversions (Real Property Tax Law Section 467-m) programs.
Governor and Mayor Celebrate Over 600 Letters of Intent for 421-a Extension Program
On October 16, 2024, New York City Mayor Eric Adams and New York Governor Kathy Hochul celebrated the milestone of the New York City Department of Housing Preservation and Development (HPD) receiving Letters of Intent for approximately 650 buildings through the 421-a extension tax incentive program. The proposed 650 buildings represent roughly 71,000 new homes (including 21,000 affordable units) for New Yorkers. Currently, New Yorkers face a 1.4 percent rental vacancy rate, with half of … <Read More>
DEP Announces Incentive Credit for Autopay Enrollment
On August 16, 2023, the New York City Department of Environmental Protection (DEP) announced a $100 incentive credit for customers who enroll in autopay by November 15th.The goal of the program is to reduce the amount of physical paper bills given to customers by using autopay and help keep accounts current. Currently, approximately 12 percent, or 100,000 customers, are enrolled in autopay.
City Launches Program to Help Homeowners Install Solar and High-Efficiency Electric Cooling and Heating
On September 20, 2021, Mayor Bill de Blasio announced the launch of ElectrifyNYC, a program that will help New Yorkers install solar panels and air source heat pump technology. The program is designed to help the City advance its goals of reducing carbon emissions creating equitable access to green technologies.