Bill 23 Development Charges 2025 Nyc. On january 16 th, 2024, mayor adams released a $109.4 billion preliminary budget for city fiscal year 2025. This plan is set to take shape through an array of measures, including cuts to development charges, which are fees imposed by cities on new builds in order to pay for new.

Despite the lengthy negotiations it takes to approve a project and the critical need within our communities for new housing, the city’s department of housing preservation and. Dcs cannot be collected for: