Sentences with phrase «affordable rental housing development»

NAR analysts say that increase, the first in many years, was a critical boost for affordable rental housing development.
The draft Democratic platform, released on July 1, said the party would increase the supply of affordable housing «by expanding incentives and easing local barriers to building new affordable rental housing developments in areas of economic opportunity.»
Federal tax credit funding totaling nearly $ 4 million for eight multi-family affordable rental housing developments, which will produce or preserve more than 230 units around the state, was recently approved by the New Hampshire Housing Finance Authority (NHHFA) Board of Directors.
The Qualified Allocation Plan defines the process by which New Hampshire Housing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New Hampshire.

Not exact matches

A lack of «quality, affordable rental housing, mixed - use development, and public transit» has led to young people from Long Island to move elsewhere, Bellone wrote.
HCR's Rural and Urban Community Investment Fund supports retail, commercial or community facility components of mixed - use affordable housing developments in urban and rural communities statewide, as well as supporting preservation of existing affordable multi-family rental housing in rural areas of the State.
Southold Town's Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis NonHousing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Nonhousing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Noncarrow.
Groups Urge Governor & Mayor to Negotiate New Agreement That Builds 15,000 Units of New Supportive Housing, Sets Aside 15,000 Others in New Affordable Housing Developments / Existing Rentals.
Twenty percent of the rental units included in the current design plan are considered affordable housing, and a 750 - seat school is slated to be included in the development.
The funding, received through New York State's Regional Economic Development Council (REDC) Initiative, will assist the City in transforming contaminated and inaccessible land into a vibrant mixed - use waterfront community featuring more than 5 acres of open space, market rate and affordable rental housing, and retail.
Instead of large affordable housing complexes residents had pushed back against in the past, the supervisor also called for smaller rental housing developments no larger than 25 units scattered around the North Fork.
The fate of the bill was put in their hands by Cuomo and legislative leaders after the governor insisted any deal had to include wage guarantees for labor - a position the governor still holds despite the fact that no deal has been reached and there are concerns about the development of affordable rental housing in New York City.
Arkansas has responded by promoting activities in the state, such as economic development, homeownership, and affordable rental housing.
The agency offers safe, fixed rate mortgages; rental assistance for low - income families and individuals; and financing for the development of quality, affordable rental housing.
He recently represented a national affordable housing lender in connection with a $ 13 million loan for a 120 - unit senior housing U.S. Housing & Urban Development (HUD) Rental Assistance Demonstration (RAD) conversion transhousing lender in connection with a $ 13 million loan for a 120 - unit senior housing U.S. Housing & Urban Development (HUD) Rental Assistance Demonstration (RAD) conversion transhousing U.S. Housing & Urban Development (HUD) Rental Assistance Demonstration (RAD) conversion transHousing & Urban Development (HUD) Rental Assistance Demonstration (RAD) conversion transaction.
Nixon Peabody is mentioned in this article for working with Silver Street Development Corp. to leverage the federal Rental Assistance Demonstration (RAD) program to increase the number of affordable housing units in a New Jersey senior housing community.
These include downpayment assistance, rental assistance, rehabilitation of affordable housing, and development.
The proposed cuts to public housing and rental assistance programs compound the impact on developments seeking to serve the lowest income households,» says Steve LeClere, J.D., senior manager of the Tidwell Group, an accounting and consulting firm that specializes in affordable housing, construction and real estate.
We encourage the removal of policy and program disincentives that inhibit owner participation in the development of new rental housing or the preservation of existing safe and affordable rental housing.
Created as part of the 1986 tax reform effort, the LIHTC, also known as the affordable housing credit, has been responsible for financing the development of more than 2.7 million rental homes.
Rental property owners and managers are key partners in the success of New Hampshire Housing's rental assistance and affordable housing development proRental property owners and managers are key partners in the success of New Hampshire Housing's rental assistance and affordable housing development prHousing's rental assistance and affordable housing development prorental assistance and affordable housing development prhousing development programs.
The statement acknowledged Montgomery's «efforts to preserve... affordable rental housing,» as well as his successes in «reducing rental assistance costs and the costs of FHA insurance claims,» and in financing the development of «more than 300,000 rental units.»
The Foundation will focus its housing grants on research and projects that work with affordable home ownership or affordable home rental options that foster collaboration and the development of partnerships.
The agency offers safe, fixed rate mortgages; rental assistance for low - income families and individuals; and financing for the development of quality, affordable rental housing.
As part of the Tax Reform Act of 1986, the United States Congress created the Low Income Housing Tax Credit (LIHTC)(IRC Section 42) Program to promote the development of affordable rental housing for low - income individuals and faHousing Tax Credit (LIHTC)(IRC Section 42) Program to promote the development of affordable rental housing for low - income individuals and fahousing for low - income individuals and families.
Among the recommendations for keeping a powerful housing market in the 21st century: Maintain and build on tax incentives for homeownership and for the development of critically needed affordable rental housing, and build on efforts that enable local governments to manage, rather than stifle, the inevitable growth pressures they face.
The firm's 2018 Rental Affordability Report «shows buying a median - priced residence is more affordable than renting a three - bedroom property in 54 percent of the U.S. counties the company analyzed,» The Post says, based on fair market rent data for 2018 from the U.S. Department of Housing and Urban Development, wage data from the Bureau of Labor Statistics and public records of sales.
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