Sentences with phrase «affordable housing developers with»

He plans to join City Real Estate Advisors, a private - sector firm that connects affordable housing developers with tax credits and equity.

Through her outreach, First Community Housing — an affordable housing developer with over 3,000 residents in 19 properties — has committed to subsidizing the $ 5 membership for all residents who sign up through Silicon Valley Bike Coalition's efforts.

Not exact matches

A chance meeting with New York developer Stephen Ross led to the founding of The Related Group, which started off making affordable housing but today specializes in high - end condominiums.

De Blasio has worked effectively with developers to continue construction at a robust pace while adding affordable housing units.

This deal marks the Garment District - based investment firm's first partnership with Rose, one of the top affordable housing developers in the city.

New York City has a rental control system designed to prevent the wealthy from exploiting the poor (with mixed results) and many other places in the U.S. have affordable housing system that creates some stock of affordable priced, price controlled housing at the expense of developer who want to sell market priced housing.

«We have worked closely with the developers to maximise the affordable housing offer on this important site,» Councillor Ken Clark, chair of the strategic development committee said at the time the plans were announced.

The joint venture with the anti-poverty Robin Hood Foundation and affordable housing developer Enterprise Community Partners, called «Come Home NYC,» would help connect 300 of the 60,000 families using the city's shelter system each night with permanent below - market rate apartments.

On the developer side, REBNY president John Banks III said in a statement that the group «remain [s] committed to working with stakeholders» to establish an affordable housing program but that a prevailing wage requirement was untenable.

And, when I need, to I'll stand up to developers on delivering affordable housing, ensuring that the London Plan is amended with a 50 % target for affordable homes and measures to ensure that Londoners, not overseas investors, always get first dibs on the homes we build.

I'll establish Homes for Londoners, a new in - house developer at City Hall, led by me, working with councils and private developers to lever in funding and get thousands of new affordable and market homes built on spare public land and brownfield.

A plan to revive a lucrative property tax break, whose expiration has sparked a long battle among developers, construction unions, affordable housing activists and politicians, will be included in Gov. Andrew Cuomo's budget this week, according to three sources familiar with the arrangement.

He's reduced taxes and debt twice, continued to make water quality a signature issue, and addressed his long - standing concerns over the lack of affordable housing on the East End by working with developer Georgica Green Ventures and community members to gain town board approval for a 38 - unit workforce housing project in Speonk.

Reyna, an advocate for affordable housing, recently pushed an agreement with Rheingold Brewery developer Read Property Group to include «permanently affordable» housing units in the Bushwick building.

421a, a tax incentive first passed by the New York State Assembly in the 1970s, provided developers with significant tax breaks to construct new residential buildings, often without providing any affordable housing.

It remains to be seen how these new goals will play out, in conjunction with the newly rebooted 421a (dubbed Affordable New York), which gives developers a 35 - year break from taxes, as well as the mayor's Mandatory Inclusionary Housing program.

The developer also reached a 40 - year agreement with the city's Department of Housing Preservation and Development to keep the units affordable and pledged to upgrade building security, lighting and apartment interiors.

New York City Mayor Bill de Blasio came to Albany to meet with Cuomo and legislative leaders to push for reform and renewal of the city's rent control laws — which impact around two million people — and a related property tax break for developers who set aside some of their new dwelling s for affordable housing.

Lewis, who has complained that de Blasio has been too cozy with developers in drafting plans for affordable housing, calls him «the gentrifier in chief.»

«Instead of reaching out to union leaders to gain consensus on an affordable housing program that ensures middle - class wages for workers, (de Blasio) coordinated with a lobbying group — led by billionaire developers — to run an anti-union campaign that would lead to unsafe job sites and a low - wage workforce,» The Greater New York Laborers - Employers Cooperation and Education Trust and the New York City and Vicinity Carpenters Labor Management Corporation said in a joint statement.

Developers, bankers and de Blasio administration officials said they were told in meetings with aides to Cuomo the city would lose a sizable share of up to $ 900 million a year that the state provides in federal tax - exempt bonds for affordable housing projects in the five boroughs.

Developers of these buildings will also be required to set aside between 25 and 30 percent of units as affordable housing, in accordance with suspended legislation that's been held up in Albany.

Developers can build a 14 - story tower with no affordable housing at the site as - of right, according to Politico.

With time running short, developers and labor will take another crack this week at trying to cut a deal to extend an expiring affordable housing tax break.

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.

Mayor Bill de Blasio says he's perplexed as to why community residents are rejoicing over the City Council's vote to reject to the Sherman Plaza rezoning proposal in Inwood — arguing it is «not a win for the community» because developers could now erect housing with no affordable units.

NEW YORK CITY — The mayor announced an ambitious affordable housing plan during his State of the City speech, complete with 80,000 new units by 2024 and six neighborhoods where developers will be required to build affordable units.

It is clear that developers gave full attention to design, which is often an afterthought with affordable housing, said City Councilmember Mark Levine.

Despite the qualifier, it represented a change of position for Espada who, in a September session with reporters in his office, said he didn't support repealing the vacancy decontrol and instead wants to focus on creating more incentives for developers to construct affordable housing.

New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.

On 421a, the mayor sided with the industry — and against Governor Andrew Cuomo — by arguing that affordable - housing developers should be allowed to use non-union contractors during certain phases of construction.

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 centralhousing 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 centralHousing Preservation and Development today celebrated the groundbreaking of Sydney House, a 56 - unit affordable development in Williamsbridge, located in north central Bronx.

«We can start by reinvigorating federal housing production programs and working with affordable housing developers.»

Council Speaker Melissa Mark - Viverito announced a new compromise with Mayor Bill de Blasio that will allow his sweeping plans to create affordable housing across the city to go forward — but with even more requirements for developers to build below - market apartments.

New York City Mayor Bill de Blasio came to meet with Governor Cuomo and legislative leaders to push for reform and renewal of the City's rent control laws, which impact around two million people, and a related property tax break for developers who set aside some of their new dwellings for affordable housing.

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.

There, leaders from Downtown Brooklyn, Flatbush and Crown Heights discovered ways to partner with private developers and take advantage of city agencies to develop affordable housing.

The developer — which hired lobbyist James Capalino to engage with City Hall aides — plans to demolish two buildings on the site and either build a luxury condo building or a series of apartment towers that would include affordable housing.

HPD didn't mention the supermarket in its June 2015 correspondence with the developer and left open the possibility of modifying the affordable housing component, Lander and other officials said in their letter.

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.

«While the inclusionary program, which requires private developers to build developments with 20 percent affordable units, will generate of thousands of units, the biggest piece of the plan will be investments in existing affordable housing buildings and insuring people are able to stay there for the long term,» Cestero said.

The Empire State Development Corporation inserted a clause into its lease proposal with Ratner that would allow the developer to bail on the construction of 2,250 affordable units, by claiming that such construction would be «subject to governmental authorities making available... affordable housing subsidies,» the Brooklyn Paper reported.

The budget also revived, with some changes, a lucrative tax credit for developers who build affordable housing.

SAN JOSE — With the most mobile home parks in California, San Jose may take the unprecedented step Tuesday of suspending closures of what has become a critical part of the affordable housing stock in the Capital of Silicon Valley but also a target for developers in a hot real estate market.

We are working with eight affordable housing developers that are using the Living Building Challenge Framework for Affordable Housing to build homes that have no energy bills, are free from toxic materials, and are truly sustainable for future geaffordable housing developers that are using the Living Building Challenge Framework for Affordable Housing to build homes that have no energy bills, are free from toxic materials, and are truly sustainable for future generhousing developers that are using the Living Building Challenge Framework for Affordable Housing to build homes that have no energy bills, are free from toxic materials, and are truly sustainable for future geAffordable Housing to build homes that have no energy bills, are free from toxic materials, and are truly sustainable for future generHousing to build homes that have no energy bills, are free from toxic materials, and are truly sustainable for future generations.

An innovative affordable housing developer, Bellwether Housing challenged the design team and contractor with a unique building systems analysis design phousing developer, Bellwether Housing challenged the design team and contractor with a unique building systems analysis design pHousing challenged the design team and contractor with a unique building systems analysis design process.

In addition, we've met with city officials, developers, and community development groups to help them understand how tiny houses can be a good example of urban infill and serve as a small component of affordable housing strategies and creative arts spaces in cities.

Tax Credit Deals Ms. Tranckino advises developers, investors and lenders, in connection with affordable housing, historic, energy and new markets tax credit projects (primary responsibility for over $ 800 million in tax credit equity financings).

For - profit developers have also used tax - exempt bond loans and 4 percent LIHTCs to create buildings that mix new affordable housing with luxury apartments, especially in high - rise developments like New York City.

Developers are also working with their local officials to make their plans to build affordable housing work.