Sentences with phrase «affordable units increased»

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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.

Meanwhile de Blasio campaigned on record lows on crime, expanding free pre-K and increasing the number of affordable housing units across the city.»

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.

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.

Following the tour, Sanders» campaign released his affordable housing agenda that looks to increase federal spending on repairing aging public housing units and expanding counseling programs for first - time homebuyers and those facing foreclosure.

Sanders» plan calls for increasing the National Affordable Housing Trust fund to at least $ 5 billion a year «to construct, preserve and rehabilitate at least 3.5 million affordable housing units over the next decaAffordable Housing Trust fund to at least $ 5 billion a year «to construct, preserve and rehabilitate at least 3.5 million affordable housing units over the next decaaffordable housing units over the next decade.»

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

The proposal is part of two zoning amendments that seek to increase the number of affordable housing units throughout the city.

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 latest budget added $ 1.9 billion to increase the mayor's affordable housing goals from building or preserving 40,000 units over the next 10 years to 50,000 units.

The mayor said he sympathizes with residents» concerns about gentrification, development and displacement but echoed his longstanding argument that there are two options: either «do nothing» and watch rents increase and people get displaced or «do something» and at least create new affordable units when developers build luxury housing.

The de Blasio administration's «Mandatory Inclusionary Housing» program would require some new construction to include permanently affordable housing, and their «Zoning for Quality and Affordability» would eliminate parking requirements and increase building heights, among other changes, with the goal of making it easier to build affordable units and senior housing.

While many residents at Tuesday night's Southold Town Board meeting agreed that having affordable housing for the area's workers and retired population is important, others said they feared how a proposal to increase the number of units allowed in an affordable housing development will change the North Fork's rural character.

The failure to reach an agreement could badly hinder Mayor Bill de Blasio's plans to build 80,000 units of affordable housing, which is dependent on hugely increasing private construction across the city.

Southold Town Supervisor Scott Russell is proposing to double the limits of the town's current zoning rules in order to increase affordable housing rental units across the North Fork.

That much - desired increased abatement period comes in exchange for developers upping the amount of affordable units they're setting aside from 20 percent to 25 percent or 30 percent.

MIH would require new developments to include housing units that are permanently affordable, while ZQA would allow developers to increase the heights of buildings and reduce parking requirements to help encourage construction of affordable and senior housing.

Mr. de Blasio, who is focused on increasing and retaining affordable housing, is lobbying the State Legislature to strengthen rental protections to curb the number of stabilized units taken out of regulation each year.

The rezoning is expected to allow developers to increase density in the neighborhood, and is an important component of de Blasio's housing plan to construct or preserve 200,000 affordable units over a decade.

Klein presented policy proposals to preserve the nation's largest housing stock and increase the funding and construction of new affordable housing units for middle - income and low - income New Yorkers.

«Chief among the changes that I and other stakeholders had sought was an increase in the affordable housing units.

In response to de Blasio's plan, Brewer called for an inclusion of even more affordable housing, a reduction of luxury housing included in deals with developers, increased vigilance by HPD to make sure existing affordable housing units are not lost, that there are tenant education clinics (with no income restrictions) in areas where upzoning is proposed.

«The governor's proposal raises the city's cost in foregone property tax revenue in order to subsidize construction workers» wages, without increasing the expected number of affordable housing units,» she said.

Under Booker's leadership in Newark, energy use in municipal buildings was cut by 20 percent, and recycling rates were increased while the city incorporated energy efficient upgrades and increased green affordable housing in the city by 400 units.

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.

As politicians have taken note of so many new projects built in recent years, they have increased fees, plus requirements for income - restricted (affordable) units have been introduced in many major markets.

However we are noticing that smaller more affordable units tend to be increasing in demand during the current economic environment.

A well - crafted preservation and rehabilitation strategy increases the longevity, safety and attractiveness of old or out - of - date exteriors and unit interiors, while maintaining affordable rents.

A June ballot measure will give San Francisco voters a chance to increase from 12 percent to 25 percent the share of affordable units that developers must include in market - rate construction.

Under that increase, badly needed apartment buildings with units affordable to moderate - income households could, for the first time in years, be built in high - cost areas such as Boston and parts of the San Francisco Bay area.

Meaningful improvements to the LIHTC (Low Income Housing Tax Credit), including a significant increase in funding and a change in the average income test, which should result in hundreds of thousands of new affordable housing units.

By requiring municipalities to permit multifamily development in zoning districts suitable for such development, and by establishing a minimum density for those developments, housing production is increased and allows for more affordable units to be built.

In his talk, he discusses how Fannie Mae and Freddie Mac are increasing access of low income households and households in low - income / high - minority areas to affordable single - family housing and to multifamily rental units.

In the second quarter of 2016, the average affordable housing market rent for the 45 markets tracked by Reis was $ 849 per unit, a 1.0 percent increase from the previous quarter.

By the second financing, when the units were refinanced or sold, rents had increased so much that just 4 percent of the same units were categorized as affordable.

«The steady increase in inventory over the last few quarters, especially among the city's most affordable units, has continued through the start of 2018 and should leave renters more confident in their ability to find an affordable apartment,» said Joshua Clark, economist at HotPads.