Suffolk offering bigger tax breaks for affordable housing developers in Newsday

Developers in Suffolk County now have bigger financial incentives to create affordable rental housing as well as designate units for veterans and those with physical and intellectual disabilities.

The Suffolk County Industrial Development Agency’s board of directors voted unanimously Thursday to implement a policy offering “enhanced” benefits to developers in exchange for creating additional units.

Mike Florio, CEO of the Long Island Builders Institute, which represents home builders and remodelers, said the group supports the policy.

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