Childcare.fyi
Back to Legislation
localpassed

NYC Local Law 102 of 2023 (Intro. 224-A) - Child Care Center Tax Abatement

CapacityIncentivesUrban PlanningAffordability
What This Means

Creates a property tax abatement for commercial landlords who build out or retrofit space for child care centers serving children under six in New York City's highest-need neighborhoods.

Timeline

Introduced in City Council (Jun 15, 2022)

City Council Stated Meeting vote (Aug 3, 2023)

Signed by Mayor Adams (Sep 12, 2023)

Application window opened (Jan 2024)

Program sunset review (2027)