In
a
recent interview with LookTV Onilne in Saratoga, Southern
Adirondack REALTORS Executive Luisa Craige-Sherman and NYSAR
Government Affairs Director Mike Kelly discussed NYSAR’s NY First Home
legislative proposal. If adopted, the
NY First Home program would allow
individuals to deposit up to $5,000 per year ($10,000 per year for couples)
into a designated savings account to be used solely for the purpose of
purchasing a first home in New York State and deduct that principal from their
state income taxes. REALTOR members and the public are encouraged to support
this proposal by going to
NYfirsthome.com.