Sentences with phrase «affordable development»

That meant building low - density affordable developments in middle - income areas where low - and very low - income residents could access public transportation and good schools.

But in growing recognition that the benefits of transit access often don't accrue to low - income riders, two agencies are testing strategies to encourage affordable development near transit.

New York State Homes and Community Renewal (HCR), Home Leasing, LLC, and partners announce the construction on the 83 - unit, $ 16.4 million Heritage Gardens, a new affordable development for low - income households and people with intellectual and / or developmental disabilities in the Monroe County town of Henrietta.

The House plan would also damage the most important program for new affordable development, the federal Low - Income Housing Tax Credit (LIHTC).

New York, NY — Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the Almat Group and the New York City Department of Housing Preservation and Development today celebrated the groundbreaking of Sydney House, a 56 - unit affordable development in Williamsbridge, located in north central Bronx.

Watkins Glen, NY March 10, 2016 New York State Homes and Community Renewal (HCR) joined Two Plus Four Construction, SEPP Management Group, and partners to announce the opening of Watkins Glen School Apartments, a new 51 - apartment affordable development for seniors created through the redevelopment of the former Watkins Glen Middle School.

«Marking our sixth such transaction with WWJ, affordable housing owners are clearly seeing the long - term benefits of a recapitalization and preservation initiative, with the ultimate beneficiaries being the residents who rely on this housing for their well - being,» said Greystone Affordable Development President Tanya Eastwood, in a prepared statement.

The company prioritizes nearshore outsourcing in order to provide effective and affordable development from the start of a project through to its conclusion.

Financed with State and New York City resources, developed by HELP USA, SAGE, $ 41.4 Million, 84 - Apartment Affordable Development Features LGBT Support Services for Tenants; 26 Units Reserved for Homeless Seniors

Located on two underutilized sites in the Belmont section of the Bronx, the 100 percent affordable development will consist of an 11 - story mixed - use building with 181 affordable homes at 4511 Third Avenue and a 12 - story residential building with 133 affordable homes at 4439 Third Avenue.

The AFL - CIO announced plans to invest $ 1 billion in union and city worker pension funds in affordable developments amid de Blasio's affordable housing push.

The city has revealed details about five such projects — half - market rate, half - affordable developments at Wyckoff Gardens in Boerum Hill and Holmes Towers on the Upper East Side, as well as 100 percent affordable projects at Ingersoll in Fort Greene, and Van Dyke in Brownsville and Mill Brook in Mott Haven, according to the New York Daily News.

«Many of our projects were market - rate developments, and some were affordable developments utilizing Community Development Block Grant funds along with historic tax credits,» explained Vogt, who said prices started at $ 95,000; while most have been below $ 250,000.

Greystone Affordable Development completed a $ 77.3 million multifamily transaction in South Carolina.

The partially affordable development is conveniently located within walking distance of the medical district as well as Google and Facebook's new downtown offices.

Albany, NY June 22, 2015: Omni Housing Development, LLC and New York State Homes and Community Renewal (HCR) joined other state and local partners today to celebrate the start of the substantial renovation of Ohav Shalom Apartments, a 210 - unit affordable development for seniors.

As part of the plan to encourage affordable development, the city also plans to initiate at least 10 new rezonings in the coming years.

HCR Commissioner James S. Rubin said: «When we finance new affordable developments, we look to create vibrant and lasting mixed - use developments that strengthen and complement the community.

Brooklyn, NY — October 6, 2016 — Today, the U.S. Department of Housing and Urban Development (HUD) and the New York State Homes and Community Renewal (HCR) joined residents and development partners MDG Design + Construction (MDG), Hudson Valley Property Group (HVPG), and Marien - Heim Tower Associates LP to celebrate the renovation of Marien - Heim Tower, a 181 - unit affordable development for low - income seniors aged 62 and older.

and the New York City Department of Housing Preservation and Development today celebrated the groundbreaking of Sydney House, a 56 - unit affordable development in Williamsbridge, located in north central Bronx.

Homes and Community Renewal Commissioner James S. Rubin said, «When we finance new affordable developments, we look to create vibrant and lasting mixed - use developments that strengthen the community and are in keeping with their own needs, goals and aspirations for growth.

The House plan would damage the most important program for new affordable development, the federal low - income housing tax credit.

That's powerful information for those of us who advocate for affordable development and have to contend with critics who fear its impact on surrounding neighborhoods.

Fannie and Freddie are aware of the affordability issues and are trying to come up with incentives to encourage affordable development.

Financing for the property is a complicated mix, as usual for affordable development.