Several members of the city council’s Black, Latino and Asian Caucus (BLAC) are pushing for the state to pass the End Toxic Home Flipping Act — a tax on corporations and wealthy investors who quickly buy and resell homes in Black and Brown communities. Essentially, home flipping is when small family homes are purchased by […]

The postElected officials want to tax corporate house flippers to protect Black and Brown homesappeared first onNew York Amsterdam News.