De Blasio has called for an end to 421a abatements for condos and proposed that projects receiving the benefit should be required to include
affordable units within the specific building.
Not exact matches
Another member praised Chin for winning 500
units of permanently
affordable housing
within the Seward park Development Project.
Spinola said some form of the program will be necessary as Mayor Bill de Blasio embarks on his ambitious initiative to build 80,000
affordable housing
units within a decade.
Among the mayor's campaign promises were the preservation or creation of 300,000
units of
affordable housing in the city, a vow to close down Rikers Island
within 10 years, and a plan to open 90 homeless shelters in the five boroughs.
The remaining 27
units in this 134
unit development are planned to be
affordable to households earning an annual income
within a range of $ 58,800 up to $ 76,440 for an individual, or $ 75,600 up to $ 98,280 for a household of three.
The mayor has declared the plan on time and
within budget and earlier this year he also announced an additional $ 1.9 billion investment to create 10,000 more
affordable housing for low - income earners, including 5,000 more dedicated senior housing
units, for a total of 15,000 senior
units under the plan.
The private developer had promised 114 off - site low - income
units in Clinton Hill but Adams is pushing to have all
affordable housing
within the Brooklyn Heights development.
The Housing Development Corporation planned to issue bonds to help fund a 163 -
unit affordable building
within the Astoria megadevelopment, but changed its mind in mid-November, Politico reported.
Liberals: Start a new, 10 - year investment in social housing infrastructure, prioritizing
affordable housing and seniors» facilities (including building more
units and refurbishing existing
units); encourage the construction of new rental housing by removing all GST on new capital investments in
affordable rental housing; loosening the existing qualification rules for the Home Buyers» Plan to allow more Canadians affected by sudden and significant life changes to access their RRSP savings for a down payment; review escalating home prices in high - priced markets, including Toronto and Vancouver, and review all policy tools that could keep homeownership
within reach for more Canadians.
Housing Services will follow up with you on an annual basis for your rent roll to ensure the
units within the property remain
affordable.
Renters appreciate but don't always require air conditioning, in -
unit laundry and finding a place with their desired square footage — since their top priority is finding a rental that's
within budget, these may be amenities they'd sacrifice to get into an
affordable home.
CoStar identified 5.5 million
units of naturally occurring
affordable housing — or 36 percent —
within the multifamily rental market.