Sentences with phrase «affordable units for»

Banning them from short - term rentals was meant to preserve scarcely affordable units for Toronto's ultratight long - term rental market, which has a vacancy rate of less than 1 percent.
Another recent report out of the National Low Income Housing Coalition (NLIHC) purports an inability for renters in every state, earning minimum wage and working 40 hours each week, to afford a two - bedroom rental, giving way to a shortage of 7.4 million affordable units for low - income renter households.
The Motel Conveniently located in Taupo the hub of the attractions of the Central Plateau, we offer comfortable, clean and affordable units for your stay, and a mere walk down to the lake in under 5 minutes.
In Los Angeles County, the school district constructed a complex with 66 affordable units for teachers.
In addition, the deal would tinker with the third option, reducing the income bracket to an average of 115 percent of the AMI, and requiring that the developer price one - sixth of the affordable units for families making 70 percent of the AMI, and another six for families making 90 percent.
Despite the mayor's homeless and housing plans, advocates have complained that the de Blasio administration has not done enough to build affordable units for the New Yorkers who need them the most.
HPD is tasked with fulfilling Mayor de Blasio's Housing New York: A Five - Borough Ten - Year Plan to build and preserve 200,000 affordable units for New Yorkers at the very lowest incomes to those in the middle class.
De Blasio has said he will set aside more affordable units for New Yorkers with very low and extremely low incomes.
The city has proposed requiring 80/20 landlords to set aside affordable units for the homeless, as The Real Deal reported.
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.

Not exact matches

Launched in 1973 as a plastic injection molder with six employees, Cascade Engineering has blossomed into a diversified manufacturer with 15 business units and a product line that includes waste containers, auto parts, and furniture components — and, more recently, wind turbines, solar panels, and affordable water filters for the developing world.
In 2016, her team financed the construction and rehabilitation of 14,000 affordable housing units for low - income families and seniors in over 90 US cities.
There's no one universal model for these policies, but they generally involve one of two things: a requirement that developers either make a certain percentage of their housing units available at below - market rates, or that has them pay a fee into a fund for affordable housing.
In addition, Burns created a $ 50 million predevelopment / acquisition fund, and works closely with partner organizations, with whom he's underwritten funding for eight affordable housing complexes, with 1,320 units.
Reliable long - lasting function, six medium - sized compartments, works for all kinds of food, easy to operate, keeps wet food fresh up to 24 hours, skid - proof base keeps unit from sliding, affordable price
Pros: Reliable long - lasting function, six medium - sized compartments, works for all kinds of food, easy to operate, keeps wet food fresh up to 24 hours, skid - proof base keeps unit from sliding, affordable price
And most of all, don't increase those Affordable Housing Opportunity Fund fees developers would pay for opting out of building affordaAffordable Housing Opportunity Fund fees developers would pay for opting out of building affordableaffordable units.
The reservation of 100 units of Tesla's all - electric truck represents the largest pre-order to date, a significant milestone for the Silicon Valley - based company who's looking to disrupt the commercial trucking industry with more affordable and environmentally conscious transportation.
The units are affordable for those earning no more than 60 percent of the area median income.
The developers of Pacific Park face some risk; the amended development agreement imposes a 2025 deadline for 2,250 affordable housing units, nearly 1,470 of which remain to be built.
Investments in affordable rental housing ($ 208 million over four years) and modular housing units for the homeless ($ 291 million over two years).
We can make an organic product and it can cost $ 10 per unit but that's not affordable for consumers.
If you're looking for a table that is affordable, sturdy enough to stand up to aggressive use, and sized right for children, teens and most adults, then you may have hit the Holy Grail with this unit.
The Deputy Head of Macroeconomic Research Unit, Ministry of Finance, Dr. Millicent deGraft - Johnson who spoke on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and debt sustainability, improving the ease of doing business and enhancing access to affordable and long - term financing and de-risking instruments.
In addition, 216 of the affordable housing units at Kpone were allocated to the Ghana Police Service for completion.
Two real estate developers hired the law firm to represent them in tax challenge cases in return for Silver allegedly backing the renewal of state tax incentives for developers of large housing projects that include affordable units, according to federal charges.
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.
«Getting rid of cluster sites actually achieves two things — it gives places for families that are homeless to have services available to them, and it gives us back some of these affordable units that are so incredibly necessary,» said State Senator Gustavo Rivera.
Lieutenant Governor Robert Duffy joined State and local officials and partners to celebrate the groundbreaking of the 72 - unit development that will provide affordable homes for working families and inject millions of dollars into the economy.
Bklyner article on Borough President Adams expressing support for Edwin's Place, an eight story affordable housing development with 125 units located at 3 Livonia Avenue in Brownsville.
Mayor Bill de Blasio promised 200,000 affordable housing apartments, including 50,000 units for New Yorkers earning less than $ 40,000.
CityLand article on BP Adams recommending the approval of a land use application for the construction of 251 affordable units above a revamped local vendor market and community facility in Flatbush.
He has called on the city to create 5000 units of affordable housing, with 1000 designated specifically for seniors, in both Inwood and Washington Heights.
The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market - rate units for seniors and physically - handicapped persons.
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.
Manhattan Borough President Gale Brewer said the city must make modifications to the plan to gain her support, such as the addition of «significantly more new affordable units,» a delay in the rezoning of the commercial district, and $ 7.5 in funding for anti-displacement programs.
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).
The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»
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
Meanwhile, urgency is clearly building for some program that incentivizes the development of housing, especially affordable units.
At Pratt, he led many successful community - planning efforts, as well as campaigns to expand affordable housing and create NYC's «inclusionary zoning» program, which requires developers seeking tax breaks to set aside 20 percent of their units for low and moderate income families and pay a living wage to their service workers.
«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants but offer protections against arbitrary evictions as well,» he added.
Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.
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.
Despite the urgent need for affordable housing uptown, Jackson indicated that Sherman Plaza would not be a good deal for the community, as the affordability level of many of the units would still be too high.
Currently it mandates developers who build in rezoned areas of the city pick from one of three options for affordable housing: 25 percent of their units rented to those making, on average, 60 percent of the Area Median Income, 30 percent at 80 percent of the AMI or 30 percent at 120 percent.
The newly constructed complex, three separate properties utilizing state - of the art energy efficiency, consists of 77 affordable units, including 15 units for people with developmental disabilities.
New York State Homes and Community Renewal (HCR) is responsible for carrying out Governor Andrew M. Cuomo's $ 10 billion HOUSE NY 2020 plan to finance 100,000 affordable housing units over five years and leading the Governor's $ 10 billion Homelessness Action Plan to create 20,000 new supportive housing units over the next 15 years.
Albany, New York, May 24, 2016 — New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilities.
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-...]
a b c d e f g h i j k l m n o p q r s t u v w x y z