Sentences with phrase «affordable housing units under»

Not exact matches

Under the plan negotiated between the mayor and the Real Estate Board of New York, or REBNY, buildings with profitable luxury units would have a smaller share of affordable housing.

Under Governor Cuomo's leadership, the state is continuing to make access to affordable housing a priority, and with 72 new units this is an important step forward in that goal.»

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.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

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.

In a statement released Tuesday, Stringer claimed that the new affordable housing units created under the rezoning plan would in fact be unaffordable for 55 percent of East New York's current residents, and that the market rate units would be unaffordable for 84 percent.

Under the plan, the city would use public financing to help nonprofits buy roughly a third of the apartments currently used for the homeless, and then convert the apartments into affordable units, helping the mayor fulfill two goals: lowering homelessness and adding to the city's affordable housing stock.

8,628 Units in Mitchell - Lama affordable housing developments statewide that will be preserved under a transfer of the units» loan portfolio [Governor Andrew Cuomo's OfUnits in Mitchell - Lama affordable housing developments statewide that will be preserved under a transfer of the units» loan portfolio [Governor Andrew Cuomo's Ofunits» loan portfolio [Governor Andrew Cuomo's Office]

It has resulted in the construction of a just under 4,500 affordable housing units, roughly three - fourths of them in Manhattan.

The City Council's Land Use Committee on Tuesday greenlighted a proposal to rezone East Harlem under the Mandatory Inclusionary Housing program — a plan that is expected to create 1,288 affordable housing units on privateHousing program — a plan that is expected to create 1,288 affordable housing units on privatehousing units on private sites.

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.

The mayor has declared the plan on time and within budget and earlier this year he also announced an additional $ 1.9 billion investment to create 10,000 more affordable housing for low - income earners, including 5,000 more dedicated senior housing units, for a total of 15,000 senior units under the plan.

Under de Blasio's Mandatory Inclusionary Housing zoning plan, new construction would have to include a certain number of permanently affordable housingHousing zoning plan, new construction would have to include a certain number of permanently affordable housinghousing units.

In December, the Department of Justice said that the 28 units should count towards the 2014 benchmark for financing under the 2009 federal housing settlement, which calls for the building of 750 units of affordable housing in 31 mostly white municipalities.

The governor on Monday also called on the state legislative leaders to sign a memorandum of understanding to release more of the $ 2 billion the parties set aside last year to create 100,000 units of affordable and supportive housing across the state, which would significantly benefit New York City, where de Blasio has been struggling to bring a homelessness crisis under control.

Still, of the 165,000 units of affordable housing created or preserved under Mayor Bloomberg, fewer than 10,000 were allotted to older residents, according to a recent report from the Council of Senior Centers and Services.

Lev Dassin, the acting United States attorney for the southern district of New York, and Tony West, the assistant attorney general for the civil division of the Department of Justice, announced today that Westchester County has agreed to fund the building of 750 units of affordable housing in areas with low racial and ethnic diversity in order to settle a lawsuit brought against it by the United States under the False Claims Act as well as the Housing and Community Developmehousing in areas with low racial and ethnic diversity in order to settle a lawsuit brought against it by the United States under the False Claims Act as well as the Housing and Community DevelopmeHousing and Community Development Act.

The building project is the first individual project built under Mayor Bill de Blasio's controversial Mandatory Inclusionary Housing rezoning, which promised to change zoning rules in some neighborhoods to make way for more affordable units.

Aides to the mayor said the changes to 421 - a could result in the creation of 24,000 affordable housing units over a decade — just 1,500 fewer than under their plan.

The new development would fall under the city's new Mandatory Inclusionary Housing program, which requires developers to include a portion of affordable units in some new construction.

Under the city's Mandatory Inclusionary Housing program, the partners would set aside 20, 25 or 30 percent of the units as affordable housing, though they haven't yet decided on which option tHousing program, the partners would set aside 20, 25 or 30 percent of the units as affordable housing, though they haven't yet decided on which option thousing, though they haven't yet decided on which option to take.

Several dozen members of various community groups organized under the coalition of «Real Affordability for All» gathered on the steps of City Hall to voice their concerns about Mr. de Blasio's housing program, which aims to build and preserve 200,000 units of affordable housing over the next decade.

The Seattle City Council is considering a new tax law that will charge large employers about $ 500 per employee and dedication three - quarters of the resulting tax revenue toward building just under 2,000 affordable housing units in the city.

His current series documents officially designated «affordable housing» units throughout the City of Santa Monica, all sustained under the umbrella of one management company.

Under Booker's leadership in Newark, energy use in municipal buildings was cut by 20 percent, and recycling rates were increased while the city incorporated energy efficient upgrades and increased green affordable housing in the city by 400 units.

The units created under the program are now part of the permanent affordable housing stock and will be bought and sold with the help of real estate practitioners for the next 30 to 50 years.

«We have a longstanding commitment to preserving affordable housing for this generation and for the generations to come — that's why we've set an ambitious goal to finance the creation and preservation of 165,000 affordable housing units by the end of 2014 under the New Housing Marketplachousing for this generation and for the generations to come — that's why we've set an ambitious goal to finance the creation and preservation of 165,000 affordable housing units by the end of 2014 under the New Housing Marketplachousing units by the end of 2014 under the New Housing MarketplacHousing Marketplace Plan.

An annual average of just over 200,000 affordable units are expected to lose federal funding due to expiration under their respective affordable programs over the next 10 years, with the majority of those units conceived under the Low Income Housing Tax Credit (LIHTC).

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.

Also pursuing certification under the Midrise category is a second, publicly funded project in Milan, which will provide 39 affordable housing units in two buildings.

For example, the exchange program provided crucial equity for an 80 - unit affordable housing development under construction in Karnes City, Texas.