Sentences with phrase «affordable housing units as»

The Seward Park Urban Renewal Area, a swath of empty property south of Delancey Street, will get 450 affordable housing units as part of a major redevelopment project — and those units will remain affordable forever, city officials announced Tuesday.

In a statement to Politico, he said the bill would help prevent landlords from renting affordable housing units as illegal hotels, «and those who use the site without breaking the law will have no problem giving their name to the city.

«This bill will have a chilling effect on unscrupulous landlords renting out affordable housing units as illegal hotels,» Johnson added.

Not exact matches

This small building maybe used as a rental unit of housing or as a place to work; it may also be properly regarded as an example of private sector affordable housing.

New York Post article on Borough President Adams joining Mayor de Blasio in announcing the City's initiative to create or preserve 300,000 affordable housing units by 2026, which he praised as critical to keeping Brooklyn affordable for all.

-LSB-...] program, which housing advocates see as a giveaway to developers, previously required developers to market affordable units to residents of the surrounding -LSB-...]

At Pratt, he led many successful community - planning efforts, as well as campaigns to expand affordable housing and create NYC's «inclusionary zoning» program, which requires developers seeking tax breaks to set aside 20 percent of their units for low and moderate income families and pay a living wage to their service workers.

«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants but offer protections against arbitrary evictions as well,» he added.

Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.

Despite the urgent need for affordable housing uptown, Jackson indicated that Sherman Plaza would not be a good deal for the community, as the affordability level of many of the units would still be too high.

A 12 - story affordable housing complex in East Harlem is one step closer to completion, as construction on Acacia Gardens, a 179 - unit building created by the Acacia Network, has ended the structural phase.

Mayor Bill de Blasio today unveiled a $ 41.1 billion affordable housing plan that city officials touted as the most ambitious in the city and nation's history, and which aims to build and preserve 200,000 units of affordable housing over the next 10 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.

The program, which housing advocates see as a giveaway to developers, previously required developers to market affordable units to residents of the surrounding neighborhood before the rest of the city.

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.

Common Council members say they back inclusionary zoning, which requires new housing to set aside a certain percentage of units as affordable housing.

The newest affordable housing complex in the city is now open for residents, as sponsor Regan Development Corp. completed its $ 17.3 million makeover of the former Buffalo Milk Co. building on the West Side into new residential units.

The de Blasio administration's plan to rezone East New York and create or preserve thousands of new affordable housing units may actually displace as many as 50,000 residents, according to City Comptroller Scott Stringer.

The housing bonds, known in the industry as «bond cap» or «volume cap,» are responsible for a significant chunk of the affordable housing built in New York City — 17,000 of the roughly 40,000 units the city has created over the past two years.

As one of the largest faith - based developers of affordable housing in the country, Catholic Charities provides 2,900 units of housing for low - income seniors, families, and the formerly homeless and formerly homeless veterans throughout Brooklyn and Queens.

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

Sanders also called on local governments to «demand more» from developers who receive government subsidies, saying affordable housing units should not return to market value rents after 10 to 20 years as is often done.

Principal among the policy positions of Mayor - elect Bill de Blasio as a candidate was his promise to put an end to the abuses of stop and frisk; a pledge to ensure universal Pre-kindergarten by taxing New Yorkers making over $ 500,000; and creating and preserving greater units of affordable housing.

As part of House New York, the state's largest investment in affordable housing in at least 15 years, Empire State Development's 35 Mitchell - Lama developments with 8,600 existing units were transferred in 2013 to HCR.

Units building as affordable housing would have to remain at those rents for 40 years.

The governor proposed several initiatives that brought his platform further left towards liberal issues that de Blasio has been championing — such as increasing the minimum wage to $ 15 per hour, mandating 12 weeks of paid family leave and offering up $ 20 billion over the next five years to address homelessness by providing 20,000 more supportive housing beds and 100,000 units of affordable housing.

But just a few months later, Mandatory Inclusionary Housing, which is both the most dramatic of those changes and the linchpin of the mayor's ambitious goal to build 80,000 units of affordable housing in the next 10 years, has encountered major stumbling blocks, calling into question its efficacy as an engine of Housing, which is both the most dramatic of those changes and the linchpin of the mayor's ambitious goal to build 80,000 units of affordable housing in the next 10 years, has encountered major stumbling blocks, calling into question its efficacy as an engine of housing in the next 10 years, has encountered major stumbling blocks, calling into question its efficacy as an engine of change.

The on - topic and off - topic questions in the Q&A portion of the press conference included: the project status when de Blasio took office and how his approach to affordable housing differs from Mayor Bloomberg, whether there are any differences in Phase I of the project as being initiated now versus as approved by the Bloomberg administration, what he sees as a realistic percentage of units being «affordable» in projects located closer to or in Manhattan, whether he counts this project towards his goal of 200,000 affordable units, the NYPD officer recently arrested in India, the status of speed camera approvals from Albany, the FOIL delays and responses which did not produce any emails or documents in the Findlayter case, the NYPD / FDNY hockey brawl, Queens Library President Thomas Galante and the newly elected leadership of NYSUT (the state teachers union).

Speaking Thursday at the St. Patrick's Day Parade, de Blasio said the nonprofit had accomplished what it was created to do: Push through proposals such as universal pre-K and his zoning changes to help create and preserve 200,000 units of affordable housing.

If built, the Family Community Life Center — a mixed - use project that has been in the planning stages for more than 25 years — would include an Olympic - size indoor swimming pool, a 25 - seat theater and media center, 24 - hour day care facilities, an indoor walking track, gymnasium, fitness center, classroom space, and 132 affordable apartment units intended as «workforce housing» for the area.

At St. John's Terminal, Westbrook Partners and Atlas Capital have agreed to set aside 500 of the 1,596 units as affordable or supportive housing.

He cited his $ 20 billion plan to build 20,000 units of supportive housing and 100,000 units of affordable housing as proof.

The measure is meant to provide a certain amount of units in a development are set aside at below market rates as a means of preserving affordable housing in New York City.

At the time, de Blasio and REBNY were pushing for a 421 - a revamp that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

The mayor touted the number of affordable apartment units - 20,325 - as a one - year record, and far from anything seen in the city since Mayor Ed Koch's ambitious housing plans of the «80s.

Developers of these buildings will also be required to set aside between 25 and 30 percent of units as affordable housing, in accordance with suspended legislation that's been held up in Albany.

Mayor Bill de Blasio says he's perplexed as to why community residents are rejoicing over the City Council's vote to reject to the Sherman Plaza rezoning proposal in Inwood — arguing it is «not a win for the community» because developers could now erect housing with no affordable units.

Separately, on de Blasio's citywide zoning changes before the council to mandate below - market - rate housing, she said that she «definitely» expects to see tweaks, such as units that are more affordable to those with lower incomes.

Spinola said some form of the program will be necessary as Mayor Bill de Blasio embarks on his ambitious initiative to build 80,000 affordable housing units within a decade.

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

In an exclusive Op - Ed that appeared right here in The Manhattan Times, Congressman Espaillat urges Mayor Bill de Blasio to commit to creating 5,000 new units of affordable housing in Washington Heights and Inwood as a condition to supporting a rezoning of Inwood.

In outlining numerous successes The Bronx has seen in recent years, Borough President Diaz noted considerable job growth and new attention from national and international media, as well as billions of dollars in new investment that has been leveraged to create jobs, improve infrastructure and build thousands of units of affordable housing.

During a press conference on Dec. 27, while announcing that the county had met the terms of its settlement with HUD to build 750 units of affordable housing before 2017, Astorino commented on Johnson's plans to run for governor as a Democrat.

Assemblywoman Crystal Peoples - Stokes said: Bellamy Commons is an adaptive reuse win - win for its tenants and the surrounding community as it includes 30 units of affordable rental housing, a museum, and the local offices of the NAACP.

Besides, Bill de Blasio is a proven leader who is used to coming from behind,» said Assemblymember Gabriela Rosa, who pointed to the candidate's promise to create thousands of additional units of affordable housing, as well as his emphasis on providing universal pre-kindergarten.

Durst expected to receive $ 43.5 million in financing as part of a deal to build 163 units of private affordable housing.

In April, the city opted to kick out roughly 200 homeless New Yorkers from a two - building emergency shelter on the Upper West Side, freeing up at least 100 affordable housing units slated for low - income residents, as previously reported.

«As I've said, over the last couple of decades we've lost several hundred thousand units of affordable housing.

But about a week ago, multiple sources said Cuomo's office informed the de Blasio administration that the governor was considering diverting the entire pot of money elsewhere and leaving the city with nothing, just as city officials were preparing to close on financing for the latest batch of affordable housing units.