Sentences with phrase «affordability requirements»
The phrase "affordability requirements" refers to rules or conditions that ensure that something is reasonably priced or within the financial means of a person or a group of people. It sets limits or standards to make sure that the cost of something is affordable for everyone who needs it. Full definition
Only grocery stores with more than 3,500 square feet of retail space, ones that accept SNAP benefits, and ones that meet affordability requirements determined by city health and finance officials based on the food they sell would qualify for the exemption, a draft of the bill shows.
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«We are telling the Legislature and the governor that they can not leave Albany without passing an expanded 421 - a program that increases affordability requirements and expands wage and benefits standards for building workers.
It would also reach lower incomes than the existing program, with affordability requirements down to $ 31,000 per year.
IEA urges Poland to clean up its energy sector while balancing energy security, environment and affordability requirements Poland's new energy strategy should put the country on a pathway towards a cleaner energy system while strengthening energy security 25 January 2017
But, some Manhattan leaders worry the affordability requirements wouldn't be strong enough and that taller buildings would hurt the character of neighborhoods and accelerate gentrification.
«The bill, instead of applying one affordability requirement to every building, provides developers with three options for rental properties and one option for homeownership projects, and limits additional subsidies to certain options,» the memo says.
«Under the proposed legislation, affordability requirements will no longer be limited to a specific geographic area but, instead, will be a City - wide prerequisite to receiving any 421 - a benefits.»
But Brooklyn Councilman Jumaane Williams and Bronx Councilman Ritchie Torres raised concerns that the affordability requirements in MIH did not go far enough to end New York City's status as one of the most segregated cities in America.
Meanwhile, the advocacy group Association for Neighborhood Housing and Development has also criticized the mandatory inclusionary zoning plan for not being stringent enough in its affordability requirements.
Affordability requirements were expanded after vocal opposition to the plan.
The lengthy land use review will start by September, according to the New York Daily News, when the city will unveil the specific boundaries of the rezoning and the affordability requirements for new buildings.
The report also found that even without an affordability requirement in the new zoning laws, developers are unlikely to build in low - rent neighborhoods without subsidies like 421a, which is up for renewal in Albany this June.