Sentences with phrase «affordable units by»

Cestero said he plans to continue adding affordable units to the market and meet the HPD's goal of adding 165,000 affordable units by the end of 2014.
It aims to establish 200,000 affordable units by 2024.
A pricier affordable housing program Last month, the mayor announced that his affordable housing program — which set out to preserve or build 200,000 affordable units by 2024, was two years ahead of schedule.
The four decade - old credit, which offered relief from increased tax assessments on new construction, lapsed in January, imperiling the mayor's mission to construct some 80,000 new affordable units by 2024.
Recently, Mayor Bill de Blasio announced that the his administration's Housing New York plan — which aims to create or preserve 200,000 affordable units by 2024 — will be completed two years early.
2015 marks the third year of Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.
New York State Homes and Community Renewal (HCR) is charged with carrying out Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.
Eastman Gardens is part of Governor Cuomo's $ 1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018.

Not exact matches

The two policies can be hard to distinguish: In LA, developers can dodge fees by providing affordable units.
A recent study commissioned by the mayor's office found that the city had lost 18,000 affordable housing units since 2000.
By making sophisticated, affordable, and hard - to - find phones (Lei limits the number of units he makes), Xiaomi has developed a cult - like following.
We can build hundreds of units of affordable housing (a good thing by the way) and people still might not have homes.
By using standard units and parts, ECOLINE - D is also very affordable and can be delivered quickly.
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.
The plan makes housing accessible and combats homelessness by building or preserving more than 100,000 units of affordable housing — enough to house every resident in the City of Buffalo.
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.
The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).
Financed with State and New York City resources, developed by HELP USA, SAGE, $ 41.4 Million, 84 - Apartment Affordable Development Features LGBT Support Services for Tenants; 26 Units Reserved for Homeless Seniors
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.
The plan makes housing accessible and combats homelessness by building and preserving more than 100,000 units of affordable housing and 6,000 of supportive housing.
He is the only one who will raise taxes on the wealthy to fund universal pre-k and after - school programs that keep our kids safe; the only one who supports the full package of reforms to end a stop - and - frisk era defined by racial profiling; and he has the boldest plan to build or preserve nearly 200,000 units of affordable housing.
The plan makes housing accessible and combats homelessness by building and preserving 112,000 units of affordable housing, including 6,000 of supportive housing.
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.
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.
Ms. Glen told the Council's Committee on Housing that several independent studies, including those done by Columbia University and the Citizens Budget Commission, showed that mandating real estate interests receiving the tax deduction to pay union rates would result in 30 percent fewer affordable units getting built.
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.
A 12 - story affordable housing complex in East Harlem is one step closer to completion, as construction on Acacia Gardens, a 179 - unit building created by the Acacia Network, has ended the structural phase.
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-...]
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.
While many of the details of the plan were vague or left to be determined, City Hall intends to focus extensively on mandatory inclusive zoning, which forces developers to build affordable units in new developments — but officials said that the proportions would be determined on a zone - by - zone basis over the years to come.
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.
«We're losing too many affordable housing units by the current rent regulation,» Mr. Cuomo said, estimating the loss to be roughly 10,000 annually.
Last month, Cuomo launched a $ 20 billion, five - year plan to combat homelessness and advance the construction of affordable housing in New York State — supported by the release of $ 2.5 billion in capital funding delivered in the fiscal year 2018 budget, which he said will establish and preserve more than 110,000 units of affordable and 6,000 units of supportive housing over the next five years.
The bill has the same options for structuring affordable units, but allows developers to meet their targets by counting units in different locations.
The scale of the project will contribute significantly to the Bloomberg administration's plan, launched in 2003, to finance 165,000 units of affordable housing by the end of 2014.
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.
Surrounded by a phalanx of supportive fellow City Council members and activists from the Real Affordability for All coalition outside City Hall today, Council Member Costa Constantinides called for more affordable units in the proposed 8.7 - acre, 1,723 - unit Astoria Cove rezoning that reached the Council last week following its approval by the City Planning Commission.
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.
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.
This next phase of Sibley's redevelopment is supported by the state through a $ 3.5 million grant from Empire State Development; $ 3 million from New York State Energy Research and Development Authority (NYSERDA) through its Cleaner, Greener Communities program for energy efficiency upgrades; and $ 10 million from New York State Homes & Community Renewal (HCR) for affordable housing tax credits to be used to create 72 units of mixed - income senior housing and amenities.
«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.
HCR is committed to collaborating with partners, and keeping homes affordable and communities strong by protecting one million rent - regulated units, managing a portfolio of more than 190,000 multifamily units and administering more than $ 1.5 billion each year to expand affordable housing opportunities and build strong communities throughout New York State.
By the city's metric, the proposal would produce 3,447 affordable housing units, largely through mandatory inclusionary zoning and subsidies.
Principal among the policy positions of Mayor - elect Bill de Blasio as a candidate was his promise to put an end to the abuses of stop and frisk; a pledge to ensure universal Pre-kindergarten by taxing New Yorkers making over $ 500,000; and creating and preserving greater units of affordable housing.
The governor proposed several initiatives that brought his platform further left towards liberal issues that de Blasio has been championing — such as increasing the minimum wage to $ 15 per hour, mandating 12 weeks of paid family leave and offering up $ 20 billion over the next five years to address homelessness by providing 20,000 more supportive housing beds and 100,000 units of affordable housing.
The on - topic and off - topic questions in the Q&A portion of the press conference included: the project status when de Blasio took office and how his approach to affordable housing differs from Mayor Bloomberg, whether there are any differences in Phase I of the project as being initiated now versus as approved by the Bloomberg administration, what he sees as a realistic percentage of units being «affordable» in projects located closer to or in Manhattan, whether he counts this project towards his goal of 200,000 affordable units, the NYPD officer recently arrested in India, the status of speed camera approvals from Albany, the FOIL delays and responses which did not produce any emails or documents in the Findlayter case, the NYPD / FDNY hockey brawl, Queens Library President Thomas Galante and the newly elected leadership of NYSUT (the state teachers union).
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.
Nearly 900 affordable housing units in New York City are sitting vacant, according to a survey by city officials.
NEW YORK CITY — The mayor announced an ambitious affordable housing plan during his State of the City speech, complete with 80,000 new units by 2024 and six neighborhoods where developers will be required to build affordable units.
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