Sentences with phrase «affordable housing projects»

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.
Investors can directly fund affordable housing projects for lower - income families and the homeless, by purchasing sustainable and green bonds.
I've made a commitment to focus on new affordable housing projects that provide safe, quality living environments for families.
The proposed measure also excludes affordable housing projects, manufacturing businesses and small businesses making less than $ 5 million a year.
The city expected to receive the authority to issue more than $ 200 million in tax - exempt bonds for affordable housing projects.
The company behind a 22 - unit affordable housing project in Arbor Hill is among nearly two - dozen firms mentioned in the federal subpoena served to Gov. Andrew Cuomo's administration in late April, according to a person with knowledge of the document.
The two - year HUD loan will finance the development of Twelfth & Wedgewood, a 153 - unit affordable housing project in Nashville.
He said the mayor is prepared at any time to sit down and hash out plans, but for now, the current pipeline of affordable housing projects grandfathered into 421a should leave the city in good shape.
Similar projects such as Affordable Housing projects — Wa, Tamale, Koforidua, Asokore Mampong — were all abandoned.
The plan also rejects Cuomo's push, opposed by Mayor de Blasio, to require an obscure state board to sign off on all city affordable housing projects funded with tax - exempt bonds.
After the New Deal, African Americans and people of color were structurally moved into affordable housing projects and communities to protect home loans of suburban American communities.
The company is planning a 289 - unit affordable housing project with MBD Community Housing on the site that will also feature a charter school, supermarket, medical facility and community space.
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.
Conifer Realty, which specializes in affordable housing projects across New York and four other states, was one of more than two dozen companies named in a broad subpoena served on Cuomo's office late last month, but exactly what is being examined remains uncertain.
Saying the village needs it, Wilmette Village Board members gave the go - ahead Tuesday to Northbrook - based Housing Opportunity Development Corporation to build a 16 - unit affordable housing project on Wilmette Avenue.
A proposed change to the federal low - income housing tax - credit program would help affordable housing projects reach more income levels and make the credits more attractive to investors, according to New York officials.
HELL»S KITCHEN — Work has started on the largest affordable housing project in Manhattan, Mayor Michael Bloomberg announced Monday.
To the relief of New York City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over individual affordable housing projects paid for with federal tax - exempt bonds the state gives to municipalities.
BFC has also partnered with firms such as L&M Development Partners to buy up stakes in affordable housing projects around the city.
This is a multifamily affordable housing project that would be located in Jamestown and include 74 housing units.
He said this Tuesday after leading the 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.
«The building of more affordable housing projects in some markets could enable more first - timers to purchase,» says Dorris.
In 2016, Old National awarded $ 1.5 million in grants that supported affordable housing projects and $ 290,000 in down payment assistance grants for first - time homebuyers through the Federal Home Loan Bank of Indianapolis
The company has also developed affordable housing projects in the Bronx, Brooklyn and Newark, NJ.
By Sean Ryan Mercy Housing Lakefront's plan to build a nine - story affordable housing project will be pushed beyond 2010 after Milwaukee neighborhood associations raised concerns.
Governor Cuomo Announces More Than $ 16.5 Million For Four Major Affordable Housing Projects Governor's Press Release
Malanowski's $ 120,000 salary, meanwhile, has been paid by the Affordable Housing Corp., a quasi-governmental agency that helps subsidize affordable housing projects.
Cuomo touted the plan as lending transparency to the process, but contractors, housing advocates, Mayor de Blasio, and others expressed significant worry it would lead to instability, uncertainty, and delay to badly - needed affordable housing projects.
Many disaster relief and affordable housing projects flounder due to the inability to find coverage — coverage that is widely available in every other state.
This lot, at East Tremont Avenue and Lebanon Street, is the proposed site of a controversial affordable housing project.
«Over the last 20 years, Norstar, as an affordable housing developer, has applied for funding in competitive processes, both successfully and unsuccessfully, for numerous affordable housing projects,» Higgins said in a Saturday email.
Bronx Affordable Housing Project, The Grand, to Offer Supportive Services to Formerly Homeless
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 the state.
A firm representing the Swan Street LLC in the deal was Cannon, Heyman and Weiss, an Albany law firm that puts together the financing for affordable housing projects through tax credits and incentives.
He has voiced support for major Bronx projects including Somerset Partners and the Chetrit Group's mixed - use development at 2401 Third Avenue and 101 Lincoln Avenue, as well as the mixed - use affordable housing project La Central.
Since then, L+M has converted former a Navy prison into a Brooklyn affordable housing project and helped to transform Seward Park.
Mayor Byron Brown joked that Buffalo should be renamed «Ribbon - cutting City» as he joined others to dedicate a newly - completed affordable housing project inside a former school building.
The corporation's niche is smaller affordable housing projects that larger lending companies would tend to ignore, according to Riggs.
Milstein added that affordable housing projects often times bring with them the additional commercial development sought for those neighborhoods.
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 million.»
In 1989, Callahan Oaks became one of the first affordable housing projects of the Orlando Neighborhood Improvement Corporation (ONIC), a not - for - profit housing development company in Central Florida.
The FSC Sourcing Guidance document provides an overview of the Forest Stewardship Council, describes the Living Building Challenge requirements for wood, and provides links to various online resources to aid Affordable Housing Project teams in their search for FSC wood.
The Living Building Challenge Framework for Affordable Housing outlines building strategies for multi-family affordable housing projects.
Unlike most affordable housing projects, residents of EVE will not simply be renters, but instead members of a housing cooperative with a share in ownership of the village — enabling them to create a modest asset that can be cashed out if and when they choose to leave.
Although Kristin may have written about the first 100 % solar - powered affordable housing project in San Diego, and there was some debate whether these prefab solar homes in Chicago were fairly priced, in general the terms «solar» and «affordable» don't (yet) sit well together in the public imagination.
The Government of Bahrain on the US$ 2.1 bn Al - Dur IWPP, Al Hidd, Al Ezzel power projects and PPP Affordable Housing Project.
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