Sentences with phrase «affordable housing stock in»

It is usually best to target those neighborhoods where property values represent the affordable housing stock in the middle market.
Wenham Affordable Housing Lottery: Wenham Affordable Housing Lottery is an opportunity for qualified first - time homebuyers to acquire available affordable housing stock in the community of Wenham.
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.
Lasher believes that preserving the existing affordable housing stock in the district, which has the highest number of regulated units in the city, is the answer to securing residences for low - income New Yorkers.
As the largest investment in New York State's affordable housing stock in at least 15 years, House NY will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.
As the largest investment in New York State's affordable housing stock in at least 15 years, House NY investments will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.
Rodríguez stressed that preservation of affordable housing is of utmost importance to the district, noting that Community Board 12 has the largest affordable housing stock in the city.

Not exact matches

This money would have gone a long way to address housing affordability issues either through targeted investments in new affordable housing stock or perhaps through investments in boosting rental housing construction.
«We can not sit back while damage is done to our best affordable housing stock,» Klein said in a statement.
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.
Corey Johnson worked for the GFI development team at 470 Vanderbilt, and at a West Village community forum on June 19, he made a strong case for the good work he and GFI did in increasing the stock of affordable housing in Brooklyn.
Under his leadership, we are expanding the stock of affordable housing in the North Country — and we will thereby grow the entire regional economy.»
A de Blasio - backed bill aimed at boosting NYC's affordable - housing stock by lifting a state cap on the size of residential projects has suddenly gained steam in Albany and could be approved later this month.
The PMQs exchange came as MPs found that Tory plans to give housing association tenants in England the right to buy their homes could reduce the stock of affordable housing.
«This growing trend (of short - term rentals) poses concerns for the City of New York — in particular, for our affordable housing stock and public safety,» the city's chief fiscal officer said in testimony he plans to submit before the City Council on Tuesday at a high - profile hearing on home - sharing.
«HDFC co-ops are a crucial part of the 31st Senate District's affordable housing stock, and the expansion of this program to help seniors and New Yorkers with disabilities stay in their homes is a welcome step towards preserving affordability in the area.
A bill backed by Mayor Bill de Blasio aimed at boosting the city's affordable - housing stock by lifting a state cap on the size of residential projects has suddenly gained steam in Albany and could be approved later this month, sources told The Post.
In recent years, it's courted controversy from critics in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rentalIn recent years, it's courted controversy from critics in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rentalin New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rentals.
In New York City, the funding is used almost entirely for housing projects, and under a mayor who has promised to vastly expand the city's affordable housing stock by creating and preserving 200,000 units over a decade, that pattern was not going to change.
«You can talk all you want about affordable housing, but if you ignore the existing housing stock we're all in trouble.»
These funds will support the creation of 2,331 new units of housing of all types across sixteen projects, keeping in line with Borough President Diaz's commitment to keep the borough's housing stock diverse and affordable.
Hartzog touted the city's «targeted, prudent investments» in the new budget, including the expansion of pre-kindergarten for more three - year - olds in the city, efforts to increase the city's affordable housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among others.
This loophole in the rent stabilization laws, made under George Pataki, has caused 300,000 affordable homes to be lost from our housing stock
The city has $ 98 million in contracts out with such building owners, who ironically are chipping away at the stock of affordable rental housing by repurposing their buildings for temporary quarters for the city's homeless.
Housing activists say the hotels — where tourists rent rooms in buildings with permanent tenants — are eating into the city's stock of affordable housing because landlords are converting apartments into hotelHousing activists say the hotels — where tourists rent rooms in buildings with permanent tenants — are eating into the city's stock of affordable housing because landlords are converting apartments into hotelhousing because landlords are converting apartments into hotel rooms.
«The shrinking of affordable housing stock is driving up homelessness in New York City.
In his own local law practice and later working for the firm Phillips Nizer LLP, Landis made protecting affordable housing stock and tenants a focus of his work, he said.
Engage and organize West Bronx tenants and community leaders onto a united and community - centric platform focused on effectively advocating for practices and policies that protect our affordable housing stock and the families that live in those apartments.
Landlords are hoping that Mayor Bill de Blasio will be a strong ally in their quest to reduce large - scale landmarking in the city, a phenomenon that they argue hurts development and reduces the city's affordable housing stock.
In a telephone survey conducted for the town's Community Development plan, 72 % of residents agreed that Madison should consider expanding its affordable housing stock, [23] yet residents also expressed an unwillingness to consider high - density, multi-family housing.
«The key to advancing affordable homeownership in the United States is making high quality housing stock available to purchase - ready customers,» according to a comment letter by 24 housing advocacy groups including Prosperity Now.
But as Steuteville notes, it has great bones, affordable housing stock, a booming medical sector and it's a short hop across the border to the booming Golden Horseshoe in Ontario.
We are creating do - it - yourself pathways to employment in the growing clean energy sector, all while expanding the stock of efficient, affordable housing, and strengthening our city.
A network of Vermont funders, non-profits and building professionals are seeing the need to replace a mobile home housing stock that was disproportionately damaged in 2011 by tropical storm Irene as an opportunity to increase energy efficiency and access to affordable housing.
SquareOne Villages is a non-profit organization developing tiny house communities to increase the stock of transitional and affordable housing in Oregon.
Passive House reliably delivers up to approximately a 90 % reduction in heating and cooling demand and up to a 75 % reduction in overall primary energy demand when compared to our existing building stock — meant to aggressively meet the climate crisis carbon reduction imperative while making a more comfortable, healthy and affordable built environment.View
President Obama has announced a comprehensive plan to bring renewable energy and energy efficiency to households across the U.S. Among the initiatives just announced is the establishment of a Passive House track by New York State Homes and Community Renewal (HCR)...» to encourage a significant increase in the energy efficiency of New York's affordable housing stock».
They were directed towards increasing the housing stock available in the social rented housing sector and were one of the means by which the state secured the delivery of affordable housing to those eligible for it.
They also discussed options for creating affordable housing and for investing in Canada's aging housing stock.
While affordable freehold housing stock is dwindling in Toronto proper, purchasers are increasingly drawn to the city's peripheral areas where detached, semi-detached, and townhome alternatives are priced at well under $ 250,000, says Re / Max.
And municipalities are taking renewed interest in them as a way to curb foreclosures or add to their stock of affordable housing.
«Strong demand for rental housing has opened up that segment to a new wave of capital investment, and the shortage of affordable housing in much of the country makes the stock of older homes an attractive option for buyers willing to in invest in upgrades.»
Recognizing the need for affordable housing, and increased building costs and land restrictions in many markets over the past 15 years, developers and investors have been turning attached rental stock into for - sale condominium communities — and the movement to convert has never been stronger than in the past year.
The real - estate - magnate - turned - politico said the aged affordable housing stock will create a need for partnerships between the mayor, the city government and developers, but he was confident he could increase the amount of quality affordable housing in New York.
There is little new affordable housing being built; current stock is in need of major renovation; and finances are of heightened concern for all parties.»
In our Healthiest Housing Markets study, Connecticut was near the bottom, coming in at 37th, mainly due to its lack of affordable housing stock and percentage of homes sold for a losIn our Healthiest Housing Markets study, Connecticut was near the bottom, coming in at 37th, mainly due to its lack of affordable housing stock and percentage of homes sold for Housing Markets study, Connecticut was near the bottom, coming in at 37th, mainly due to its lack of affordable housing stock and percentage of homes sold for a losin at 37th, mainly due to its lack of affordable housing stock and percentage of homes sold for housing stock and percentage of homes sold for a loss.
«Policy makers and the housing industry need to recognize that the face of homeownership in America has changed and it is in everyone's interest to ensure that these new consumers have access to relevant lending products, affordable housing stock and culturally competent service providers in the coming years,» Joseph Nery, president of NAHREP, said in a release.
As you see some of that growth in the single - family market getting kind of transmitted over to multifamily, that's just putting greater pressure on household budgets and incomes, and the declining stock of affordable rental housing.
According to Freddie Mac's report, more than 70 percent of the nation's housing stock remained affordable to the typical family in the third quarter at a 4.4 percent interest rate for a 30 - year fixed - rate mortgage.
«Policy makers and the housing industry need to recognize that the face of homeownership in America has changed and it is in everyone's interest to ensure that these new consumers have access to relevant lending products, affordable housing stock and culturally competent service providers in the coming years,» added Nery.
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