These developments provide
affordable housing units for families across a range of income levels.
Klein presented policy proposals to preserve the nation's largest housing stock and increase the funding and construction of new
affordable housing units for middle - income and low - income New Yorkers.
Brewer and Stringer said the agreement would free up at least 100
affordable housing units for low - income New Yorkers.
«I am thrilled to be providing $ 1.2 million from my capital funding budget towards the construction of 56 - unit - co-op project in Williamsbridge,» said Bronx Borough President Ruben Diaz Jr. «Creating
affordable housing units for our residents is a top priority for my administration, and it is with a great pleasure that I welcome Habitat for Humanity New York City back to The Bronx and support their efforts to build affordable homes for our families.»
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.
NYS Homes and Community Renewal (HCR), the City of Syracuse, elected officials, and partners celebrated the ribbon cutting of Salina Crossing, a mixed - used development that has created 49 modern, safe and
affordable housing units for low - income households and nearly 6,000 square feet of commercial space to revitalize two neighborhoods connected by Salina Street, a main thoroughfare that spans the Northside and Southside of Syracuse.
«We have very few
affordable housing units for working families,» Herzig says.
City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000
affordable housing units for the middle class...
City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000
affordable housing units for the middle class over the next 10 years, DNAinfo reported.
In 2016, her team financed the construction and rehabilitation of 14,000
affordable housing units for low - income families and seniors in over 90 US cities.
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.
In addition, Burns created a $ 50 million predevelopment / acquisition fund, and works closely with partner organizations, with whom he's underwritten funding
for eight
affordable housing complexes, with 1,320
units.
And most of all, don't increase those
Affordable Housing Opportunity Fund fees developers would pay for opting out of building afforda
Affordable Housing Opportunity Fund fees developers would pay
for opting out of building
affordableaffordable units.
The developers of Pacific Park face some risk; the amended development agreement imposes a 2025 deadline
for 2,250
affordable housing units, nearly 1,470 of which remain to be built.
Investments in
affordable rental
housing ($ 208 million over four years) and modular
housing units for the homeless ($ 291 million over two years).
In addition, 216 of the
affordable housing units at Kpone were allocated to the Ghana Police Service
for completion.
Two real estate developers hired the law firm to represent them in tax challenge cases in return
for Silver allegedly backing the renewal of state tax incentives
for developers of large
housing projects that include
affordable units, according to federal charges.
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.
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.
Mayor Bill de Blasio promised 200,000
affordable housing apartments, including 50,000
units for New Yorkers earning less than $ 40,000.
He has called on the city to create 5000
units of
affordable housing, with 1000 designated specifically
for seniors, in both Inwood and Washington Heights.
A statement read by a representative from Congressman Adriano Espaillat's office asked the mayor to provide 5000 new
units of
affordable housing, with a designation of 1000
units specifically
for seniors.
Meanwhile, urgency is clearly building
for some program that incentivizes the development of
housing, especially
affordable units.
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.
Governor Andrew M. Cuomo today announced $ 20 million is available
for the construction of new
affordable housing units damaged by Superstorm Sandy, Hurricane Irene or Tropical Storm Lee.
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.
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.
One of the De Blasio administration's core initiatives is its
Housing New York plan, created in 2014 with the goal of adding or preserving 200,000
affordable units for New Yorkers by 2022.
New York State Homes and Community Renewal (HCR) is responsible
for carrying out Governor Andrew M. Cuomo's $ 10 billion
HOUSE NY 2020 plan to finance 100,000
affordable housing units over five years and leading the Governor's $ 10 billion Homelessness Action Plan to create 20,000 new supportive
housing units over the next 15 years.
The 115 -
unit housing project, operated by Concern
for Independent Living, includes supportive services
for homeless adults with psychiatric disabilities, along with
affordable housing for -LSB-...]
Shephard said that Mayor Bill de Blasio's plan to greatly expand the city's number of
affordable housing units provides an opportunity
for developers to incorporate solar and clean energy into lower - income neighborhoods.
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.
She applauded the mayor's two years of rent freezes
for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000
affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.
MJM Construction's website is no longer online, but an archived version described their plans
for the property: a 91 -
unit «
affordable housing complex» in a seven - story elevator building.
In 2014, HCR set an agency record by financing the creation or preservation of 9,363
affordable housing units, including
affordable homeownership opportunities
for more than one thousand families.
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.
Alcántara said that if voted into Albany, she would push
for more
housing developments featuring 100 percent
affordable units to help low - income residents.
«It erodes the longtime partnership between the City of New York and the owners of rent - stabilized
units that ensure
affordable housing for millions of New Yorkers,» he said in a statement.
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.
The city's Department of
Housing Preservation and Development is looking for a developer to build up to 225 affordable housing units and 68,000 sq
Housing Preservation and Development is looking
for a developer to build up to 225
affordable housing units and 68,000 sq
housing units and 68,000 square...
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.
Department of
Housing Preservation and Development Commissioner Vicki Been said the subsidies
for affordable units would go up due to wage requirements attached to the projects
In a statement, the de Blasio campaign said, «Bill de Blasio has put forward the most comprehensive
affordable housing plan of any candidate
for Mayor — one that will create or preserve 200,000
units of
affordable housing and require developers to build more permanent
affordable units.
He's reduced taxes and debt twice, continued to make water quality a signature issue, and addressed his long - standing concerns over the lack of
affordable housing on the East End by working with developer Georgica Green Ventures and community members to gain town board approval
for a 38 -
unit workforce
housing project in Speonk.
Bronx Borough President Ruben Diaz Jr. announced today that his office has allocated more than $ 7 million in capital funds
for 10
housing developments across The Bronx, creating more than 1,500 new
affordable units in neighborhoods across the borough.
The $ 145.3 billion spending plan increases school aid next year by just under $ 1 billion (which school boards say is not enough) and over the next five years commits to build thousands of
units of
affordable housing for the homeless, contribute $ 8.3 billion to the Metropolitan Transportation Authority, spend $ 22 billion on upstate roads and bridges, cut taxes
for small businesses and create a rebate
for Thruway toll payers.
The $ 10 billion HouseNY 2020 plan boosts state spending on
housing programs by nearly $ 5 billion and will create and preserve 100,000
affordable housing units across the state, along with supporting services
for New Yorkers seeking
affordable housing.