Sentences with phrase «affordable housing production»
Pat Purcell, a member of UP4NYC and the executive director of the Great NY Laborers - Employers Cooperation & Education Trust with the Laborers, said Mr. de Blasio's plan «will not provide middle class wages to the workers employed on what will remain mostly taxpayer subsidized luxury housing, and it will not significantly increase affordable housing production for New Yorkers who need it most.»
observer.com
«Our work has resulted in a plan that addresses the magnitude of our city's affordability crisis by encouraging smart, sustainable affordable housing production,» said Melissa Mark - Viverito, the Council speaker, standing at a lectern in the rotunda of City Hall on Monday to announce the details of the deal.
While negotiations around a new state - level program to incentivize affordable housing production continue and Gov. Andrew Cuomo has promised to soon flesh out general affordable housing plans he announced during his recent State of the State speech, city - level changes being sought by de Blasio are on the move.
Cuomo urged lawmakers to act in a special session so as not to «stall affordable housing production for years to come.»
«We believe affordable housing production, that is, the development or preservation of projects financed with Low Income Housing Tax Credits (LIHTCs), will be at best flat to last year,» says Richard Gerwitz, co-head of Citi Community Capital, a community lending and investment arm of Citi.
«The recently enacted omnibus contains some welcome increases that will help affordable housing production,» says Scott Hoekman, senior vice president and chief credit officer for Enterprise Community Investment, a non-profit based in Washington, D.C. that helps finance and build affordable housing.
The new members join Bellwether Enterprise's existing affordable housing production team, which includes Victor Agusta, Jesse Alfriend, Ross Halloran, Jeff Mion, Bob Morton and Kevin Bowen.
«Our work has resulted in a plan that addresses the magnitude of our city's affordability crisis by encouraging smart, sustainable affordable housing production — while also supporting local residents and their communities.»
Most of the remaining groups in the top 10 spenders were coalitions representing labor and real estate developers, lobbying on New York City's 421 - a affordable housing production program, which provides a partial tax exemption for developers of certain residential buildings.
The three most notable bills are Senate Bill 2, which would raise money for affordable housing by charging a $ 75 on some real estate documents recorded with the county; SB 3, a $ 3 million bond for affordable housing production; and Assembly Bill 71, which would eliminate the state mortgage interest tax deduction on second homes used by their owners.