Sentences with phrase «affordable units out»

«We do feel like the expansion of (rentals by owners) has taken affordable units out of the market that could be there for employees of our resorts,» Robert Katz, chairman and CEO of Vail Resorts, said during a December earnings report conference call.
Households in East Harlem's poorest zip code, 10035, earn an AMI of just $ 24,000, which critics say puts new affordable units out of reach.

Not exact matches

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.
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.
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.
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.
Also unclear: The fate of $ 2 billion to spend on 100,000 units of affordable and supportive housing in this year's budget, which was agreed to on April 1, but without the details spelled out.
Although Paul Travis, managing partner at Washington Square Partners, said they were willing to work with HPD and bring the total number of affordable apartments to 175 — out of the total 335 units — closer to what Councilman Ydanis Rodriguez was pushing to attain.
Southold Town's Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Noncarrow.
In a survey of developers and housing agencies, the New York State Association for Affordable Housing found that 2,935 units of affordable housing currently on the drawing board have been placed in limbo by the inability of Cuomo and lawmakers to reach a deal on how to dole out the $ 2 billion before the Legislature's session ended lAffordable Housing found that 2,935 units of affordable housing currently on the drawing board have been placed in limbo by the inability of Cuomo and lawmakers to reach a deal on how to dole out the $ 2 billion before the Legislature's session ended laffordable housing currently on the drawing board have been placed in limbo by the inability of Cuomo and lawmakers to reach a deal on how to dole out the $ 2 billion before the Legislature's session ended last month.
We have to see the specifics about timelines and how it's going to play out, but look, it can only be for the good of New York City if the state is making an additional commitment to New York City on affordable housing on top of the 200,000 units we're already committed to,» he added.
The exact percentage of affordable units is then hammered out between the administration, the City Council and the developer during the Uniform Land Use Review Procedure, a lengthy negotiation that occurs mostly behind closed doors.
«Governor Cuomo, [Assembly] Speaker [Carl] Heastie and Leader Flanagan must sign the MOU and soon, because every month that passes without it means New York misses out on nearly 1,000 units of affordable and supportive housing that could be built.
«This bill will have a chilling effect on unscrupulous landlords renting out affordable housing units as illegal hotels,» Johnson added.
In April, the city opted to kick out roughly 200 homeless New Yorkers from a two - building emergency shelter on the Upper West Side, freeing up at least 100 affordable housing units slated for low - income residents, as previously reported.
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 city picked a developer for the five - acre Greenpoint Hospital site — slated to hold 250 affordable - housing units — from a request for proposals in 2012, but the developer later dropped out.
Over the summer, New York City crossed the three - quarters mark on the way to Mayor Michael Bloomberg's goal of churning out 165,000 units of affordable...
Councilman Jumaane D. Williams also lashed out at Mr. Cuomo in his praise of the RGB, writing in a statement that the vote sent «a clear message that the City of New York is determined to provide relief for its residents, unlike Governor Cuomo and Albany who recently enacted detrimental rent laws that could eliminate approximately 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.»
«Every month that passes without the full M.O.U. means New York misses out on at least 1,000 new units of affordable, senior and supportive housing,» a group of advocates said in a statement on Saturday, referring to the memorandum of understanding that the legislative leaders and the governor must sign to open the funding spigot.
The new Hyundai Veloster Turbo will take on the established hot - hatch / affordable sports car crowd with a 1.6 - litre turbocharged (T - GDi) unit that pumps out 50 per cent more power (155kW) and almost 60 per cent more torque (265Nm).
Despite the fact, that according to the press release pictures, this looks like a very affordable unit ($ 200.00) and it does have a content distribution system with Barnes and Noble, we will have to judge the merits on this device when more information comes out.
Three understated and affordable self - catering units for hire on a small holding in Buffeljagsrivier, with views out over the mountains.
Two spectacular low energy social housing units looking out over Ulva Ferry's breath - taking surroundings prove to be a superb response to local problems of fuel poverty and lack of affordable family housing.
It's claimed Apple expects to ship around six million units of the new MacBook before the year is out, however Hsiao expects the technology giant to sell closer to four million, largely because the price, while affordable for Apple products, will still be out of the reach of many consumers.
My review unit had 116 GB free out of the box, and with 128 GB microSD cards available for under # 40, it's relatively affordable to more than double the internal storage capacity.
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.
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.
Government programs such as Projek Perumahan 1Malaysia or PR1MA are being rolled out to create more affordable units in the market.
The result has been a lack of smaller homes and affordable rental units available to the baby boomers as they age or young households as they start out.
the amount you owe on your first mortgage for your property is equal to or less than: $ 729,750 for 1 unit $ 934,200 for 2 units $ 1,129,250 for 3 units $ 1,403,400 for 4 units you owe more on your home than it's worth your current mortgage was taken out on or before January 1, 2009 you are experiencing a hardship (such as a job loss, divorce or medical emergency) and are unable to afford your current home loan (For loans not owned by Fannie Mae or Freddie Mac) All servicers that have signed agreements with the U.S. Department of the Treasury (Treasury) to participate in the Home Affordable Modification Program (HAMP) must consider eligible borrowers who do not qualify for HAMP for other foreclosure prevention options including the Home Affordable Foreclosure Alternatives program which includes short sale and deed - in - lieu.
Since the mortgage rates continue to remain at extremely attractive rates it is a prime time for savvy investors to purchase foreclosed homes and multiple unit homes in order to help out their community with affordable rents.
Since units went on sale early in the year, Chamberlain's marketing efforts have been drawing young professionals who'd otherwise have headed out to the suburbs looking for affordable housing.
Plus, if your budget doesn't stretch to a whole new kitchen of expensive units, by splashing out on just a few you can mix and match with more affordable ones.
Check out local car - boot sales and eBay for affordable secondhand examples and paint in a contrasting colour to your units for added interest.
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