Mayor Taveras Signs Order ending Tax Breaks for Big Banks

This is refreshing policy-making for the 99%:

Join
Mayor Angel Taveras,
Local Elected Officials,
&
Affordable Housing Activists
for a Press Conference

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Mayor Taveras to Sign Executive OrderClosing Corporate Tax Loopholefor Foreclosing Banks

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WHO: Mayor Angel Taveras, local elected officials and leading housing advocates.

WHAT: Mayor Taveras will sign an executive order (1) closing the corporate tax loophole which allows foreclosing banks to keep the owner occupied homestead exemption and (2) incentivizing new homeowners of foreclosed properties by allowing them to immediately receive their owner occupied homestead exemption.

WHEN: Thursday, November 3rd at 2:00PM.

WHERE: 48 Ardoene Street in Providence – house foreclosed in 2011 by Deutsche Bank.