Opn. No.

PRIVATE HOUSING FINANCE LAW, § 33.

Shelter rents as defined in § 33 of the Private Housing Finance Law include all sums of rent paid by the tenant to the landlord as well as fees collected by the landlord for the use of space within the housing project. The rents of both commercial and residential tenants are included in shelter rent and such housing projects which are UDC subsidiaries are absolutely entitled to the limited real property tax exemption provided in § 33 (1) (c) of the Private Housing Finance Law. HON. JOSEPH GOLDMAN Acting Commissioner Division of Housing and Community Renewal

HON…