Sentences with phrase «affordable housing project financed»

He said this Tuesday after President Akufo - Addo led a ceremonial ground - breaking of the first phase of a 2,000 - unit affordable housing project financed by Ghana Home Loans at Appolonia City, Accra's new city development.

Not exact matches

They are emphasizing similarities between the mayor's approach to housing and Ms. Glen's projects at Goldman Sachs, where she led the firm's urban investment group, financing affordable housing and other projects, before joining the de Blasio administration in 2014.

Such bonds function as an alternative to direct public financing of housing projects: Since interest income on PABs is tax exempt, investors are willing to buy them at very low interest rates, and this makes it relatively affordable for states, municipalities, and nonprofits to finance housing (and hospitals, infrastructure, and other public works) through the private capital market.

In 2012, David Herrera told DNAinfo that the project had been stopped due to financing issues, and that he'd seek to either develop market - rate housing instead of affordable, or sell the property.

The scale of the project will contribute significantly to the Bloomberg administration's plan, launched in 2003, to finance 165,000 units of affordable housing by the end of 2014.

The Milwaukee Common Council on Tuesday approved a proposal to extend expiring tax increment financing districts to pay for affordable housing projects.

On Tuesday, Grace pointed to several other affordable housing projects that did receive HDC financing as examples of the city's efforts to create more homes for low - income New Yorkers.

Amid some uncertainty about how the city would achieve Mayor Bill de Blasio's affordable - housing goals without the program known as 421 - a, and how developers would finance their projects, one thing seemed clear: The immediate prospects of Albany lawmakers restoring the program looked bleak.

City officials said they chose not to issue the bonds because the revenue from the market - rate apartments in the project is expected to finance the affordable housing units.

Sydney House will be the first project financed under HPD's Open Door program, which was announced last year as part of Mayor de Blasio's Housing 2.0 plan to create and preserve 300,000 affordable homes by 2026.

Through projects like Sydney House, and our new Open Door program, we will finance the construction of 1,300 new affordable homes as part of Housing New York 2.0, the Mayor's expanded and accelerated plan to create and preserve 300,000 affordable homes by 2026,» said New York City Department of Housing Preservation and Development Commissioner Maria Torres - Springer.

He also sits on the boards of two key state housing agencies, including the Housing Finance Agency, which provides financing to for - profit and not - for - profit developers to build affordable housing projects across thehousing agencies, including the Housing Finance Agency, which provides financing to for - profit and not - for - profit developers to build affordable housing projects across theHousing Finance Agency, which provides financing to for - profit and not - for - profit developers to build affordable housing projects across thehousing projects across the state.

The City Council is investigating why the de Blasio administration suddenly yanked $ 43.5 million in financing from an affordable housing project in Queens that would also have provided money for repairs at an adjacent New York City Housing Authority phousing project in Queens that would also have provided money for repairs at an adjacent New York City Housing Authority pHousing Authority project.

We can't increase the general fund contributions to Affordable Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 milliAffordable Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 milliaffordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.»

Up - front financing for one or more of the following activities related to the production of affordable housing and mixed - income and / or mixed - use projects:

CivicPACE supports solar energy development by making it easier for tax - exempt organizations like schools, affordable housing, and places of worship to finance solar projects.

The PHFA Project began in 2014 when Tim McDonald and 25 other stakeholders, under the auspices of the Architectural Research Center, a think tank within Temple University Architecture program, approached the Pennsylvania Housing Finance Agency and asked them to initiate a project which would have ALL affordable housing in Pennsylvania be designed and constructed to a Net - Zero - Energy - Capable standard bProject began in 2014 when Tim McDonald and 25 other stakeholders, under the auspices of the Architectural Research Center, a think tank within Temple University Architecture program, approached the Pennsylvania Housing Finance Agency and asked them to initiate a project which would have ALL affordable housing in Pennsylvania be designed and constructed to a Net - Zero - Energy - Capable standard bHousing Finance Agency and asked them to initiate a project which would have ALL affordable housing in Pennsylvania be designed and constructed to a Net - Zero - Energy - Capable standard bproject which would have ALL affordable housing in Pennsylvania be designed and constructed to a Net - Zero - Energy - Capable standard bhousing in Pennsylvania be designed and constructed to a Net - Zero - Energy - Capable standard by 2030.

The $ 300m (# 246m) investment platform — which is supported by the International Finance Corporation (IFC)-- is designed to deliver affordable housing in sub-Saharan Africa, with initial projects being developed in Kenya, Rwanda and Nigeria.The platform structure allows greater flexibility for long - term investments in further housing projects across Africa, which will range in size from 2,000 to 8,000 units and be developed alongside local housing companies.

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).

They also work in related government fields, including energy and utility, affordable housing, and structured and project finance.

The Hindu reported that in the statement, «HDFC said it would also need capital to sponsor funds it has set up to invest in the equity and mezzanine debt of affordable housing projects, support capital requirements of its subsidiary companies as and when required and «capitalise on organic and inorganic growth opportunities in the affordable housing finance space».»

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.

Affordable housing developers often run a daunting gauntlet when it comes to cobbling together different financing sources to move projects forward.

For developers like Signature Urban Properties and Monadnock, which is halfway through a 1,300 - unit affordable housing and community revitalization project in the Bronx, N.Y. called Compass Residences, killing these bonds leaves a $ 100 million financing problem, according to NHC.

«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 ohousing 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 oHousing 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.

This campaign promotes the USGBC's green affordable housing philosophy through advocacy of smart policy changes and adoption of greener building practices by housing finance authorities, public housing authorities and the projects that the organization funds.

The seven winners were chosen based on impact, innovation, minority focus, leadership, and contributions to increase affordable housing, in the areas of education, finance, leadership, media, housing project, public policy, and real estate brokerage.

The Finance Authority of New Orleans («FANO») is a housing and development finance agency with a mission to improve the quality of life in the city of New Orleans by directly investing in the creation of affordable housing and economic development projects that produce quality jobs and wealth for resFinance Authority of New Orleans («FANO») is a housing and development finance agency with a mission to improve the quality of life in the city of New Orleans by directly investing in the creation of affordable housing and economic development projects that produce quality jobs and wealth for resfinance agency with a mission to improve the quality of life in the city of New Orleans by directly investing in the creation of affordable housing and economic development projects that produce quality jobs and wealth for residents.

Rates and terms are competitive with the market, and this program offers the convenience and cost savings of a single source of financing for an affordable housing rental project.

After spending the past two years scrambling to find financing for affordable housing projects, developers are welcoming the return of investors for their low - income housing tax credits.