Sentences with phrase «creating affordable housing units»

«When you put the capital into preserving or creating affordable housing units, those rents are stable, unlike market rents which can rise uncontrolled,» Milstein said.

«I am thrilled to be providing $ 1.2 million from my capital funding budget towards the construction of 56 - unit - co-op project in Williamsbridge,» said Bronx Borough President Ruben Diaz Jr. «Creating affordable housing units for our residents is a top priority for my administration, and it is with a great pleasure that I welcome Habitat for Humanity New York City back to The Bronx and support their efforts to build affordable homes for our families.»

The plan aims to create affordable housing units, protect existing ones, and strengthen the economy of the area proposed for rezoning, which contains East New York, Cypress Hills, and Ocean Hill.

Not exact matches

In addition, Burns created a $ 50 million predevelopment / acquisition fund, and works closely with partner organizations, with whom he's underwritten funding for eight affordable housing complexes, with 1,320 units.

New York Post article on Borough President Adams joining Mayor de Blasio in announcing the City's initiative to create or preserve 300,000 affordable housing units by 2026, which he praised as critical to keeping Brooklyn affordable for all.

He has called on the city to create 5000 units of affordable housing, with 1000 designated specifically for seniors, in both Inwood and Washington Heights.

It would build over 2000 new affordable housing units, open new health care facilities create new parks and open new farmers markets.

Eastman Gardens is part of Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.

The project advances the goals of Mayor Bill de Blasio's Housing New York: A Five - Borough, 10 - Year Housing Plan to create and preserve 200,000 affordable housing units over the next 10Housing New York: A Five - Borough, 10 - Year Housing Plan to create and preserve 200,000 affordable housing units over the next 10Housing Plan to create and preserve 200,000 affordable housing units over the next 10housing units over the next 10 years.

At Pratt, he led many successful community - planning efforts, as well as campaigns to expand affordable housing and create NYC's «inclusionary zoning» program, which requires developers seeking tax breaks to set aside 20 percent of their units for low and moderate income families and pay a living wage to their service workers.

Under de Blasio, New York City is financing affordable housing at a breakneck pace, creating or preserving over 24,500 units last year — more than any year on record — spending $ 1.1 billion, the most ever by the city in a single year, according to City Hall officials.

New York State Homes and Community Renewal (HCR) is charged with carrying out Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.

Mr. Cuomo also refused to say if he considered Mr. de Blasio's ambitious plan to create or maintain 200,000 units of affordable housing feasible, and said he did not know if he would speak at a planned rally of building trades workers in Albany next week.

2015 marks the third year of Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.

One of the De Blasio administration's core initiatives is its Housing New York plan, created in 2014 with the goal of adding or preserving 200,000 affordable units for New Yorkers by 2022.

New York State Homes and Community Renewal (HCR) is responsible for carrying out Governor Andrew M. Cuomo's $ 10 billion HOUSE NY 2020 plan to finance 100,000 affordable housing units over five years and leading the Governor's $ 10 billion Homelessness Action Plan to create 20,000 new supportive housing units over the next 15 years.

A 12 - story affordable housing complex in East Harlem is one step closer to completion, as construction on Acacia Gardens, a 179 - unit building created by the Acacia Network, has ended the structural phase.

In a press conference Friday night, Cuomo said that the program also releases $ 2.5 billion to create 100,000 units of affordable housing and 6,000 units of supportive housing.

Recently, Mayor Bill de Blasio announced that the his administration's Housing New York plan — which aims to create or preserve 200,000 affordable units by 2024 — will be completed two years early.

She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.

HCR is in the second year of the $ 1 billion House New York program, which creates thousands of new units over five years, and is the largest investment in affordable housing in at least 15 years.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

Some of Dinkins» accomplishments include creating the city's Economic Development Corporation, launching the «Safe City, Safe Streets» initiative, which many credit with putting New York City on the path toward its recent record crime lows and building many units of affordable housing.

In a statement, the de Blasio campaign said, «Bill de Blasio has put forward the most comprehensive affordable housing plan of any candidate for Mayor — one that will create or preserve 200,000 units of affordable housing and require developers to build more permanent affordable units.

Bronx Borough President Ruben Diaz Jr. announced today that his office has allocated more than $ 7 million in capital funds for 10 housing developments across The Bronx, creating more than 1,500 new affordable units in neighborhoods across the borough.

In an effort to create more affordable housing options in Southold Town, the Town Board passed a local law last Tuesday that would permit up to six «moderate income» rental units near village centers.

The $ 145.3 billion spending plan increases school aid next year by just under $ 1 billion (which school boards say is not enough) and over the next five years commits to build thousands of units of affordable housing for the homeless, contribute $ 8.3 billion to the Metropolitan Transportation Authority, spend $ 22 billion on upstate roads and bridges, cut taxes for small businesses and create a rebate for Thruway toll payers.

The $ 10 billion HouseNY 2020 plan boosts state spending on housing programs by nearly $ 5 billion and will create and preserve 100,000 affordable housing units across the state, along with supporting services for New Yorkers seeking affordable housing.

This next phase of Sibley's redevelopment is supported by the state through a $ 3.5 million grant from Empire State Development; $ 3 million from New York State Energy Research and Development Authority (NYSERDA) through its Cleaner, Greener Communities program for energy efficiency upgrades; and $ 10 million from New York State Homes & Community Renewal (HCR) for affordable housing tax credits to be used to create 72 units of mixed - income senior housing and amenities.

In all, since 2009, Borough President Diaz has invested $ 51,879,000 in capital funding towards affordable housing across The Bronx, helping to create 7,772 new affordable housing units.

It estimated the city would need to issue an additional $ 4.2 billion in subsidies to meet its goal of creating 80,000 new units of affordable housing.

Cuomo said the new program would create 2,500 units of new affordable housing per year and that he is sending the proposed legislation to lawmakers later Sunday.

The de Blasio administration's plan to rezone East New York and create or preserve thousands of new affordable housing units may actually displace as many as 50,000 residents, according to City Comptroller Scott Stringer.

In a statement released Tuesday, Stringer claimed that the new affordable housing units created under the rezoning plan would in fact be unaffordable for 55 percent of East New York's current residents, and that the market rate units would be unaffordable for 84 percent.

The prior two rounds created more than 600 units of affordable housing on 81 lots, according to HPD.

The housing bonds, known in the industry as «bond cap» or «volume cap,» are responsible for a significant chunk of the affordable housing built in New York City — 17,000 of the roughly 40,000 units the city has created over the past two years.

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

Investment Complements «Finger Lakes Forward» — the Region's Successful Upstate Revitalization Initiative to Create a Strong Economy and New Opportunities 60 - Unit Housing Development Offers Supportive Housing Option for 30 Individuals with Psychiatric Disabilities, Affordable Housing for 30 Low Income Families

I was proud to be a part of creating thousands of units of affordable housing in the City Council and look forward to continuing that goal.»

Principal among the policy positions of Mayor - elect Bill de Blasio as a candidate was his promise to put an end to the abuses of stop and frisk; a pledge to ensure universal Pre-kindergarten by taxing New Yorkers making over $ 500,000; and creating and preserving greater units of affordable housing.

Tax breaks at One57 cost the city $ 65.6 million in property tax revenue, for instance, while creating just 66 affordable housing units in the Bronx, according to a recent report from the city's Independent Budget Office.

Speaking Thursday at the St. Patrick's Day Parade, de Blasio said the nonprofit had accomplished what it was created to do: Push through proposals such as universal pre-K and his zoning changes to help create and preserve 200,000 units of affordable housing.

It also includes $ 125 million in credits to create and preserve affordable rental properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market housing citywide.

The two proposals, Zoning for Quality and Affordability (ZQA) and Mandatory Inclusionary Housing (MIH), are considered crucial to de Blasio's goal of creating 80,000 new affordable housing units and preserving an additional 1Housing (MIH), are considered crucial to de Blasio's goal of creating 80,000 new affordable housing units and preserving an additional 1housing units and preserving an additional 120,000.

Cuomo spokesman Rich Azzopardi did not comment on the protesters» legislative asks, but disputed their depiction of Cuomo's tenure, saying the governor has put forth «an aggressive» $ 20 billion, five - year affordable housing plan, worked to enhance rent laws and created a Tenant Protection Unit.

Over the next five years, the $ 10 billion housing initiative will create and preserve 100,000 affordable housing units across the State, and the $ 10 billion homelessness action plan will create 6,000 new supportive housing beds, 1,000 emergency beds, and a variety of expanded homelessness services.

New York City is moving to have developers build at four sites, creating 10,000 units of affordable housing in the next decade.

For the first time in his two - year - old mayoralty, NYC Mayor Bill de Blasio is facing broad - based grassroots resistance, which has coalesced against major components of his plans for creating 200,000 affordable housing units in 10 years.

He has developed and renovated numerous properties, creating hundreds of units of affordable housing while also growing small businesses.

The mayor said he sympathizes with residents» concerns about gentrification, development and displacement but echoed his longstanding argument that there are two options: either «do nothing» and watch rents increase and people get displaced or «do something» and at least create new affordable units when developers build luxury housing.