Sentences with phrase «affordable housing developers proposed»

In a letter to union leaders, affordable housing developers proposed opening discussions on a plan that would see some organized construction workers accept lower wages for work on below - market rate housing.

Not exact matches

The project was the first proposed by a private developer under mandatory inclusionary housing, a de Blasio administration policy that forces developers to include affordable housing in any project that needs zoning approval.

But the biggest change to the project was a requirement that the developer shift 30 percent of its proposed $ 17 million donation to the High Line Improvement Fund — roughly $ 5.1 million — to affordable housing projects in the neighborhood.

Proposed changes to a property - tax break called 421 - a — most notably a requirement that all developers include affordable housing in new projects receiving the benefit — would not stifle construction activity in New York City, according to a study released today.

He reintroduced an idea that he proposed in February of this year — to use some of the land on the more than 1,100 vacant lots the city already owns to build affordable housing, creating a land bank and land trust that would partner with nonprofit affordable housing developers to build what Stringer has estimated could amount to 57,000 units of affordable housing citywide.

In response to de Blasio's plan, Brewer called for an inclusion of even more affordable housing, a reduction of luxury housing included in deals with developers, increased vigilance by HPD to make sure existing affordable housing units are not lost, that there are tenant education clinics (with no income restrictions) in areas where upzoning is proposed.

New York City office managing partner and affordable housing partner Joe Lynch is quoted in this article about how the Trump administration's proposed corporate tax cuts are already affecting affordable housing developers in New York City who use tax credits to finance their projects.

New York City affordable housing partner Erica Buckley is quoted in this article about a new rule change proposed by the Department of Housing Preservation and Development that will limit how air rights are distributed to devehousing partner Erica Buckley is quoted in this article about a new rule change proposed by the Department of Housing Preservation and Development that will limit how air rights are distributed to deveHousing Preservation and Development that will limit how air rights are distributed to developers.

The budget also contains Bush's proposed tax credit for developers who build affordable single - family housing.