"Affordable housing for seniors" refers to housing options that are reasonably priced and suitable for older people. It means providing homes that seniors can afford to pay for with their limited income or savings.
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One of the reasons Chin is facing opposition is because of her support for the Elizabeth Street Garden project, a proposed development that will replace the Elizabeth Street Garden with a six - story building slated
as affordable housing for seniors, while also providing some green space.
Budget 2016 proposes to provide $ 200.7 million over two years, starting in 2016 — 17, to support the construction, repair and adaption
of affordable housing for seniors.
HCR Commissioner RuthAnne Visnauskas said, «The total renovation of the Elizabeth Square Apartments is a concrete example of Governor Cuomo's commitment to
preserving affordable housing for senior New Yorkers.
Conversion of a landmark church at North Street and Linwood Avenue in Buffalo to
affordable housing for seniors moved closer Tuesday, as the Common Council approved the plan and sent it to Albany and Washington for final approvals.
Notably, de Blasio has not mentioned his «mansion tax» proposal lately, and no one from the administration indicated to Gotham Gazette that it is still a top priority, despite the fact that de Blasio made it a focus as state budget negotiations progressed and promised to push for it after a budget deal was announced that did not include the surcharge on large residential real estate transactions that the mayor would use to
subsidize affordable housing for senior citizens.
During the interview, he said that among the things he hopes to see come out of the state capital are electoral reform, which includes same - day voter registration, mayoral control of schools, the expansion of the «millionaires tax» on high earners and a new «mansion tax» on luxury home sales, which would bring in $ 336 million in revenue to the city each year — which he has vowed to use to
fund affordable housing for seniors.
He also touted the mansion tax to fund
affordable housing for seniors, as well as his 3K for All proposal, which would provide free, quality education for three - year - olds.
The mayor spoke at Berean Baptist Church on Sunday, six blocks from the Bergen Street shelter, addressing initiatives on mental health and
affordable housing for seniors.