{"data":{"id":"us-nyc/n.y.c.-admin.-code-26-1503","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 26-1503","heading":"§ 26-1503 Results of audit.","body":"Where an audit performed pursuant to section 26-1502 reveals that a building owner is not in compliance with the applicable affordability requirements, the department shall take action to bring such building into compliance, which action may include, but need not be limited to, commencing tax exemption revocation proceedings.\n\n(L.L. 2017/193, 10/16/2017, eff. 10/16/2018)","path":["New York City Administrative Code","Title 26","Chapter 15: Audits for Compliance with 421-a Tax Exemption Affordability Requirements"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"fd2351ff101f976c0e73e5ce7395a57820f0e3f66f7348279d95f96a4e54ed7f","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-26-1502","next":"us-nyc/n.y.c.-admin.-code-26-1601"},"notice":"GroundRules: Original legal text. Not legal advice."}