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.