Sentences with phrase «affordable housing units at»

Where are affordable housing units at greatest risk of expiring?
Greenland USA will be under pressure to meet a state - city deadline in 2025 to complete some 2,250 affordable housing units at Pacific Park.
In addition, 216 of the affordable housing units at Kpone were allocated to the Ghana Police Service for completion.

Not exact matches

There's no one universal model for these policies, but they generally involve one of two things: a requirement that developers either make a certain percentage of their housing units available at below - market rates, or that has them pay a fee into a fund for affordable housing.
De Blasio has worked effectively with developers to continue construction at a robust pace while adding affordable housing units.
Budget 2018 - 19 commits $ 1.6 billion (both operating and capital) to housing investments over three years, including 19,000 affordable units, 5,000 new student housing beds at public post-secondary institutions, and 2,500 supportive housing units.
Bklyner article on Borough President Adams expressing support for Edwin's Place, an eight story affordable housing development with 125 units located at 3 Livonia Avenue in Brownsville.
Other initiatives discussed from the Dec. 14th agenda included Brad Hoylman speaking about the negotiations in the NYS Senate regarding the IDC; Laurie Hardjowirigo gave the Voter Reform Committee Report; Nat Johnson gave the Environmental Committee Report by stressing what was learned at the December 4 Future of Renewable Energy Forum; Erik Coler of Affordable Housing recapped the year's achievements by saying this year 42 units had been re-stabilized and he was hoping next year to add 90 more.
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.
Under de Blasio, New York City is financing affordable housing at a breakneck pace, creating or preserving over 24,500 units last year — more than any year on record — spending $ 1.1 billion, the most ever by the city in a single year, according to City Hall officials.
Last week, the group Sustainable Saratoga introduced a zoning amendment that would require new apartment developments to dedicate at least 20 percent of housing stock to «affordable» units.
Currently it mandates developers who build in rezoned areas of the city pick from one of three options for affordable housing: 25 percent of their units rented to those making, on average, 60 percent of the Area Median Income, 30 percent at 80 percent of the AMI or 30 percent at 120 percent.
Mr. Cuomo also refused to say if he considered Mr. de Blasio's ambitious plan to create or maintain 200,000 units of affordable housing feasible, and said he did not know if he would speak at a planned rally of building trades workers in Albany next week.
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.
HCR is in the second year of the $ 1 billion House New York program, which creates thousands of new units over five years, and is the largest investment in affordable housing in at least 15 years.
New big - ticket items include a $ 1.9 billion subsidy to make 10,000 units in the mayor's affordable - housing plan even cheaper, $ 300 million to renovate homeless shelters and $ 355 million for facade repairs at city public - housing developments.
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.
Any condo or co-op unit valued at more than $ 1.75 million would be subject to a new city «mansion tax,» the revenues of which would be dedicated to further affordable housing construction and preservation.
The largest purely residential development last year was in West Farms at 1932 Bryant Avenue, where the Association of New York Catholic Homes and Sav Enterprises are working on a $ 147 million 15 - story project with 319 affordable housing units.
The modified proposal sets aside 75 percent of the market's ground floor retail space for food - related businesses and also ensures the creation of 150 units of affordable housing at Chelsea's Robert Fulton Houses.
This was followed by Bronx Commons, BFC Partners» $ 140 million affordable housing project at null, and Phipps Houses» $ 86.7 million affordable housing project at 600 East 156th Street with 174 units.
The Farmhouse will include a new indoor and outdoor training space, a teaching kitchen, a resource library, improved cold storage, two affordable housing units, and offices, all located at MAP's urban farm at 387 Massachusetts Avenue.
Sanders» plan calls for increasing the National Affordable Housing Trust fund to at least $ 5 billion a year «to construct, preserve and rehabilitate at least 3.5 million affordable housing units over the next decaAffordable Housing Trust fund to at least $ 5 billion a year «to construct, preserve and rehabilitate at least 3.5 million affordable housing units over the next decade.Housing Trust fund to at least $ 5 billion a year «to construct, preserve and rehabilitate at least 3.5 million affordable housing units over the next decaaffordable housing units over the next decade.housing units over the next decade.»
«The 120 units here at Schoolhouse Terrace, built by Community Builders and the Yonkers MHA, became a reality thanks to the state's strong commitment to affordable housing» said Senator Andrea Stewart - Cousins.
Located at 260 West 153rd Street in Manhattan, this new seven - story development is named in honor of the current Chairman of HCCI and includes 50 units of affordable housing, an onsite daycare center, and new community service office for HCCI.
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.
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.
Tax breaks at One57 cost the city $ 65.6 million in property tax revenue, for instance, while creating just 66 affordable housing units in the Bronx, according to a recent report from the city's Independent Budget Office.
Units building as affordable housing would have to remain at those rents for 40 years.
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.
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.
The program also played into what de Blasio considers his biggest success yet in forcing developers to include affordable housing; the 1,723 - unit Astoria Cove project along the Queens waterfront, where 27 percent of the units are to be available at below market - rate rents.
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.
NYC Council members ripped into Airbnb.com executives at a contentious hearing, accusing the company of helping landlords transform affordable housing units into illegal hotels.
The Cuomo administration announced $ 1.2 million in affordable housing funds are available, a veritable drop in the bucket for a $ 10 billion program aimed at expanding affordable housing units by 2020.
New York City is moving to have developers build at four sites, creating 10,000 units of affordable housing in the next decade.
Also at 10 a.m., Brooklyn Borough President Eric Adams unveils more than $ 2 million in Fiscal Year 2016 funds to construct and preserve hundreds of affordable housing units across Brooklyn, Calvary Community Church, 1575 St. Johns Place, Brooklyn.
The mayor said he sympathizes with residents» concerns about gentrification, development and displacement but echoed his longstanding argument that there are two options: either «do nothing» and watch rents increase and people get displaced or «do something» and at least create new affordable units when developers build luxury housing.
While many residents at Tuesday night's Southold Town Board meeting agreed that having affordable housing for the area's workers and retired population is important, others said they feared how a proposal to increase the number of units allowed in an affordable housing development will change the North Fork's rural character.
According to the study, East Harlem loses nearly 300 units of affordable housing from rent protection and other regulations each year and that average costs for housing are rising at a fast clip.
The number of apartments allowed to be built on a one - acre property doubled from 6 per acre to 12 per acre — with a 24 unit cap on each development — last year when the Town Board approved Mr. Russell's proposed code change aimed at encouraging affordable housing.
This project is providing not just 134 units of affordable housing, but high - quality, energy efficient homes for New Yorkers at a range of income levels, from very low - income families to those middle income families who increasingly struggle to make ends meet.
HPD is tasked with fulfilling Mayor de Blasio's Housing New York: A Five - Borough Ten - Year Plan to build and preserve 200,000 affordable units for New Yorkers at the very lowest incomes to those in the middle class.
Located at 821 East Brighton Avenue in Syracuse, Onondaga County, this affordable housing preservation project is among the hundreds that form the foundation of the Governor's new, $ 10 billion House NY 2020 program to create or preserve 100,000 affordable units over the next five years.
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.
The city is vacating 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, according to a report.
Meanwhile, a partially vacant building at 552 W. 52nd St. that currently houses the Police Athletic League's William Duncan Center will become a 13 - story building that houses 110 affordable housing units for artist families and individuals, space for the PAL and an art gallery.
His duties in that job were varied, including coordinating he town's affordable housing program, particularly the development of the The Cottages at Mattituck, a 22 - unit project built by the Long Island Housing Partnhousing program, particularly the development of the The Cottages at Mattituck, a 22 - unit project built by the Long Island Housing PartnHousing Partnership.
The Council also voted to allow Dunn Development to lease land at the Queens Hospital Center to build 206 units of affordable housing.
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