City property tax abatement to end

A property tax abatement that was created in the late 1970s to spur construction of one- and two-family homes in the city will likely be discontinued after its current run ends June 30. Shaun Donovan, commissioner of the city’s Department of Housing Preservation and Development, said Tuesday that the abatement, known as 421b, was “an incentive that is no longer necessary.” more [Advance]