Sentences with phrase «amount of affordable housing»

He wouldn't weigh in on whether tenant advocates were right to be angry with Mr. Cuomo over rent regulations --» that issue is still being debated right now» — nor on how he thinks a straight extender on 421a for six months will affect his affordable housing plan, again insisting there was «real dialogue» going on and that his focus was on increasing the amount of affordable housing requiring through the tax break.

The development, known as Astoria Cove, is viewed as a coup by the de Blasio administration and left - leaning City Council members — a about - face on the part of City Councilmembers occasioned by a 7 percent increase in the amount of affordable housing housing to built — and an agreement to use organized labor during the construction phase, even as speculation builds that the developer, Alma Realty, could flip the property and some activists question whether enough affordable housing will be built.

The New York State Association for Affordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing Development.

In 2015, the de Blasio administration worked to significantly reform the 421 - a law to increase the amount of affordable housing required of every developer receiving the subsidy, require affordability for lower incomes than ever before, and demand affordable housing everywhere in the City.

We are pushing hard to build and preserve an unprecedented amount of affordable housing to meet this crisis.»

Tory Andy Street, the former head of John Lewis, will be tough competition for Labour's Sion Simon, who has promised a cap on tram and bus fares, double the amount of affordable housing and # 500million to regenerate derelict sites.

«It went form vacant lots and burned out buildings to having an enormous amount of affordable housing for people.»

More than one in four residents, 27 %, say the amount of affordable housing in the city has increased.

As he says, he single - handedly pushed GFI to increase the amount of affordable housing they were going to build.

The rejiggered model will require a set amount of affordable housing in every project citywide receiving the abatement, as de Blasio sought.

Not exact matches

Meanwhile, the median amount of housing costs paid by residents has fallen by 3.2 %, making the city an affordable beach town to live in.

- The Trudeau government has spent impressive amounts of money on affordable housing and homelessness.

For homeowners who owe more on their mortgage than their house is worth, or whose mortgage amount is more than 80 % of their home value, HARP provides a way to switch into a more affordable loan.

«I'm deeply disappointed that this plan that we believe fundamentally was better for the taxpayers — ended the subsidies of large amounts of luxury housing by the taxpayers, achieved more affordable housing, cut the city's subsidies, just look at the benefits of this plan,» Mr. de Blasio said today at a Brooklyn press conference.

The congressman who represents Brooklyn and Queens has criticized de Blasio on issues including homelessness, affordable housing and the amount of time he has spent traveling outside the city.

The measure is meant to provide a certain amount of units in a development are set aside at below market rates as a means of preserving affordable housing in New York City.

De Blasio has chosen 15 neighborhoods around the city where his two zoning proposals — including one that mandates a certain amount of permanently affordable housing — will be put into play.

The rent regulation programs stifles housing growth and reduces the amount of available affordable housing for New Yorkers and does nothing to grow the economy.

City officials have banded together in a bid to stop property developers from using large amounts of leverage to purchase affordable housing units in...

He also proposes increasing the minimum amount of mandated affordable housing.

And under the House's version of the Affordable Health Care Act, passed in May along party lines, Medicaid would shift from an open - ended entitlement program to a program in which states receive a fixed amount of federal funds for each beneficiary.

De Blasio's Mandatory Inclusionary Housing zoning change would require some new construction to include a certain amount of permanently affordable hHousing zoning change would require some new construction to include a certain amount of permanently affordable housinghousing.

He reintroduced an idea that he proposed in February of this year — to use some of the land on the more than 1,100 vacant lots the city already owns to build affordable housing, creating a land bank and land trust that would partner with nonprofit affordable housing developers to build what Stringer has estimated could amount to 57,000 units of affordable housing citywide.

Victor Bach, a senior housing policy analyst for the group, said, «It is a relic of a past time, costing the city an enormous amount of lost revenue while contributing very little affordable housing.»

Instead, Gates said, the city should build more housing in the transit - rich area while ensuring that a sufficient amount of it is affordable under Mandatory Inclusionary Housing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dhousing in the transit - rich area while ensuring that a sufficient amount of it is affordable under Mandatory Inclusionary Housing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dHousing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dhousing in any area or project that is upzoned to add housing dhousing density.

Every attempt to even out disparities in funding and affordable housing fails miserably because no amount of money — think of Asbury...

Why are affordable housing lotteries so unfair and unjust — and their massive amounts of applications indicative a «reminder of Boston's housing crunch» — while the thousands of families struggling to find relief from schools that are failing their children and forced into the purgatory of a charter lottery rollercoaster just fine?

For homeowners who owe more on their mortgage than their house is worth, or whose mortgage amount is more than 80 % of their home value, HARP provides a way to switch into a more affordable loan.

for a set amount of hours each month, and you are guaranteed in - house service from outside counsel at affordable and predictable rates.

With house prices so high across the country many young people stand no chance of buying their own home, therefore I would invest another # 4bn to boost the amount of affordable homes, creating many jobs in the process.

Julian Sendin, a Senior Researcher at Ndifuna Ukwazi — an activist organisation and law centre working to advance urban land justice — says: «Inclusionary zoning is a basic intervention used by top cities around the world to ensure that private developers build a fair amount of truly affordable housing in exchange for additional development rights.»

Olhasso said lack of affordable housing impacts everyone in the community, regardless of the amount of money they make.

HUD HOME reduces the amount of subordinate debt on affordable housing development projects, according to Baldasare, so cutting the HUD budget would exacerbate the equity gap problem.

The real - estate - magnate - turned - politico said the aged affordable housing stock will create a need for partnerships between the mayor, the city government and developers, but he was confident he could increase the amount of quality affordable housing in New York.

One way to help reduce the shortage of designated affordable housing is to include a certain amount of income - restricted units in otherwise market - rate apartment developments.

Developers of affordable seniors housing face growing difficulties as the amount of available equity is set to decline and competition for other funds intensifies.

For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department... Continue reading Buying A Home Is More Affordable Than Renting In 54 % Of US Countiof Housing and Urban Development with reported income amounts from the Department... Continue reading Buying A Home Is More Affordable Than Renting In 54 % Of US CountiOf US Counties