Real property tax abatement to landlords of buildings with fewer than six units who rent apartments to eligible low and moderate income tenants at below market rates.

Resolution calling upon the State Legislature and the Governor to enact legislation that would provide for a real property tax abatement to landlords of buildings with fewer than six units who rent apartments to eligible low and moderate income tenants at below market rates, in order to stabilize tenants in communities where rent increases have outpaced increases in incomes.