Sentences with phrase «affordable senior housing»

The pool of affordable seniors housing also is set to expand, but it could mean more competition for market - rate properties.
It reduces parking requirements for senior and affordable housing developments, and is specifically aimed at creating more affordable senior housing.
You don't develop affordable seniors housing for vast rewards, beyond the satisfaction of giving something back to the community.
I did upscale development at the time, and didn't know of anyone who developed affordable seniors housing.
«This will generally translate into more units of affordable senior housing,» he said.
Mayor [Richard M.] Daley asked me to build affordable seniors housing in the city.
The borough president will also tackle de Blasio's Mandatory Inclusionary Housing proposal, which would require new construction in parts of the city to include affordable housing, and his Zoning for Quality and Affordability proposal, which is meant to make building affordable senior housing easier by relaxing parking requirements and increasing building heights.
At 10 a.m., NYC Councilman Antonio Reynoso calls on the de Blasio administration to build more affordable senior housing on underutilized NYCHA land, Palmetto Gardens Senior Center, 85 Palmetto St., Brooklyn.
Greg Watson (far right) director of HCR's NYC regional office, joins Former City Council Speaker Peter Vallone Sr., HANAC Board of Directors Chairwoman Evangeline Douris, Borough President Helen Marshall and Councilman Peter Vallone Jr. for a ribbon - cutting ceremony to celebrate the opening of the George T. Douris Tower, a 15 - floor, 183 - bedroom affordable senior housing complex In Astoria, Queens.
State and City official gathered this week to celebrate the opening of George T. Douris Tower, a 15 - floor, 183 - bedroom affordable senior housing complex on Hoyt Ave. New York State Homes and Community Renewal (HCR) worked with an impressive array of partners, and provided coordinated resources from the Low Income Tax Credit program and the Homes for Working Families program to support the development.
I have worked together with Marc Molinaro on programs and policies that have had a positive impact on our community: providing affordable senior housing, preserving important farmland and open space, promoting sound healthcare initiatives, and investing in innovative economic policies,» said Supervisor Sue Crane, Town of Red Hook.
At 2 p.m., NYC Councilwoman Margaret Chin and a diverse coalition of affordable senior housing advocates announce their support of the senior housing plan for Mott and Elizabeth streets, City Hall, Manhattan.
An Artist's rendering of the new affordable senior housing development which will be located at 34 - 11 Beach Channel Drive in Far Rockaway, Queens.
Duncan Barrett, COO of Omni Housing Development LLC said, Omni is proud to partner with NYS HCR and the Ohav Sholom housing Development Fund Co. in the revitalization of this important affordable senior housing facility in Albany.
Between 2003 and 2016, about 3,500 affordable senior housing apartments were built in New York City, and the mayor's housing plan aims to create an additional 5,000 units.
Fishman: What we're not getting enough of, as an industry, is affordable seniors housing support by the federal government, which abdicated its leadership in that arena more than 20 years ago.
Something will have to be done, but right now, in most states there are few incentives for developers and investors to build and invest in affordable seniors housing projects, where monthly rental rates are much lower than the upscale communities, but the costs of construction are nearly as high.
Developers of affordable seniors housing face growing difficulties as the amount of available equity is set to decline and competition for other funds intensifies.
They can build more affordable senior housing, as the city has already started to do under Mayor Bill de Blasio's housing plan.
Dozens of city and state officials were on hand Tuesday to celebrate the opening of the George T. Douris Tower, a 15 - floor, 183 - bedroom affordable senior housing complex on Hoyt Ave.
The need for affordable seniors housing in the U.S. is becoming louder every year — there's just not enough out there to meet the expected demand, and not much progress has been made...
Also at 10:30 a.m., Westchester County Executive George Latimer will be joined by the state Homes and Community Renewal commissioner, community leaders, affordable housing advocates and the developer of Vienna Senior Housing for a ribbon - cutting ceremony, celebrating the opening of affordable senior housing, 250 Theodore Fremd Ave., Rye.
One of the example projects is the 68 - unit affordable senior housing building that Duncan Architect is consulting on in Corona, Queens.
In Brookline, Mass., we bought three buildings that represented about half of the affordable seniors housing in the city, and which now form the Center Communities of Brookline.
Still, there are two areas where rental availability is far lower than demand: Low - income rentals and affordable senior housing.
More than ever, we need an affordable seniors housing product.
Arlington Heights» housing priorities through 2019 include creating more affordable senior housing and encouraging developers to include affordable units in new housing projects, according to a plan recently approved by village board members.
TEXARKANA, Texas — Love Funding has arranged a $ 5.6 million HUD refinancing for Winfield Estates, an affordable seniors housing community in Texarkana, which straddles the Texas - Arkansas border.
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