Sentences with phrase «apartment affordable development»

Watkins Glen, NY March 10, 2016 New York State Homes and Community Renewal (HCR) joined Two Plus Four Construction, SEPP Management Group, and partners to announce the opening of Watkins Glen School Apartments, a new 51 - apartment affordable development for seniors created through the redevelopment of the former Watkins Glen Middle School.

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

Not exact matches

Since 2011, in The Bronx HCR has financed 13,794 apartments in affordable multifamily developments — including 790 supportive units — with more than $ 982 million in HCR resources which have leveraged more than $ 3 billion in other private and public sources.

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).

Empire State Development President, CEO & Commissioner Howard Zemsky said, «The Better Buffalo Fund was created to support vibrant, mixed - use communities like the Niagara Gateway Apartments, which brings a vacant building back to life to provide affordable housing on Buffalo's West Side.»

At 6 p.m., NYC Councilwoman Laurie A. Cumbo is joined by city Housing Preservation and Development Commissioner Maria Torres - Springer to announce a plan to create nearly 600 affordable apartments at the Brooklyn Jewish Hospital Apartment Complex, 545 Prospect Place, Brooklyn.

Last week, the group Sustainable Saratoga introduced a zoning amendment that would require new apartment developments to dedicate at least 20 percent of housing stock to «affordable» units.

Along with Phase I — which was recently completed — Phase II is part of the three - phase revitalization of a 61 - year old public housing development that will produce a total of 180 affordable, energy - efficient apartments.

Webster Green Apartments is a forward - looking state - of - the - art sustainable development that expands affordable housing opportunities for the Bronx and will help more than 80 New Yorkers find a safe haven they can call home.»

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 diDevelopment, 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 didevelopment that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilities.

While members of the not - for - profit have been regular critics of Paladino and his role on the Buffalo Public School Board, Washington said this particular protest concerned Ellicott Development's role in the «gentrification» of Buffalo by building luxury apartments with public funds that could be used for affordable housing.

The de Blasio administration is set to announce BFC Partners, Dunn Development and the West Side Federation for Senior and Supportive Housing as the private developers that will construct nearly 500 affordable and senior apartments on three properties leased from the New York City Housing Authority.

City neighborhood and development commissioner Paul Driscoll doesn't think there are any other housing projects like it in the city: a mix of market rate apartments with affordable apartments in one building.

The pool of affordable housing in Syracuse is growing with the development of four multi-family apartment buildings along the James Street corridor.

With the support of the Development Authority of the North Country, Beaver Meadow Apartments will help our efforts to provide affordable housing and create jobs here in the Watertown area.»

This funding will provide 94 low income families in Upper Manhattan the opportunity to purchase newly renovated affordable apartments through the New York City Department of Housing Preservation and Development's Affordable Neighborhood Cooperativaffordable apartments through the New York City Department of Housing Preservation and Development's Affordable Neighborhood CooperativAffordable Neighborhood Cooperative Program.

QUEENS, NY — Borough President Melinda Katz stated the following in response to questions about an agreement reached this week with the Queens Development Group on Phase 1 of Willets Point; the agreement includes the construction of 1,100 affordable apartments (including 221 for low - income seniors) and a brand new 450 - seat public elementary school: «The City -LSB-...]

The state - of - the art modern upgrades and repairs to the100 - unit Mitchell - Lama development will keep the apartments affordable for another 40 years.

May 5, 2016 - New York State Homes and Community Renewal (HCR) Commissioner James S. Rubin today announced the start of construction for the Joseph L. Allen Apartments, a new $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhood.

When it's finished, the development will include 1000 apartments, half of them affordable for low - and middle - income residents, including seniors.

One of the largest operators of affordable multi-family housing in Upper Manhattan and the boroughs is suing the city's Department of Housing Preservation and Development for at least $ 4 million for lost income tied to deferred rent increases in subsidized housing vouchers at three apartment complexes in East Harlem.

The developer also reached a 40 - year agreement with the city's Department of Housing Preservation and Development to keep the units affordable and pledged to upgrade building security, lighting and apartment interiors.

Southold Town Supervisor Scott Russell said Thursday he will propose legislation this year to encourage affordable housing development by allowing apartments in commercial properties.

The number of apartments allowed to be built on a one - acre property doubled from 6 per acre to 12 per acre — with a 24 unit cap on each development — last year when the Town Board approved Mr. Russell's proposed code change aimed at encouraging affordable housing.

«This new development, 810 River Avenue Apartments, will provide high quality, affordable housing opportunities to New Yorkers most in need of them, within easy reach of neighborhood shopping options, mass transit, Gateway Mall and the borough's civic center,» said HCR Commissioner / CEO Darryl C. Towns.

«Every New Yorker needs and deserves a safe and affordable place to call home, and Lamphear Court Apartments is the latest development to make that a reality.

The Lamphear Court Apartments affordable housing development is part of Governor Cuomo's unprecedented commitment to affordable housing and community renewal, which includes $ 20 billion for comprehensive statewide housing and homelessness action plans.

New York State Homes and Community Renewal (HCR) today announced $ 2.4 million in awards to build or rehabilitate two affordable housing developments with 48 apartments in Central New York that complements Governor Andrew M. Cuomo's Upstate Revitalization Initiative and the region's «Central NY Rising» comprehensive blueprint to generate economic growth and community development.

30 Apartments of Affordable Housing for Low - Income Families, Mixed - Use Development Features Buffalo Black Achievers Museum

He also added a dig of his own at the de Blasio administration's already - underway effort to construct new affordable housing at the development, a crucial part of the mayor's ambitious plan to create or preserve 200,000 below - market rate apartments.

To preserve our affordable housing, the Department of Housing Preservation and Development will lead extensive outreach to owners of rent - regulated apartment buildings to persuade them to take advantage of loans and tax incentives that extend affordability and finance essential repairs.

City subsidies will also be deployed wherever possible to finance new developments in which all apartments are affordable.

The $ 3.338 million allows local development organizations to rehabilitate units while maintaining low rents for longtime locals — many of whom make between $ 25,000 to $ 45,000 a year, according to Ismene Speliotis, executive director of the Mutual Housing Association of New York, which owns and manages 526 affordable apartment in neighborhoods including Crown Heights, Bushwick, Brownsville and East New York.

A special legislative committee of the Buffalo Common Council will hold a public hearing at 5:30 p.m. Tuesday on a proposed law requiring that new apartment developments set aside a certain percentage of their units as affordable.

An aide to Council Speaker Christine Quinn is living large after helping push through the development of a Hell's Kitchen luxury building — then landing a coveted affordable apartment there...

L+M Development Partners and the CIM Group want to put up 62 ad 69 story towers at 260 South St. Meanwhile, the Starrett Group is planning a 62 - story building at 259 Clinton St. Taken together, they would add 2,700 rental apartments in the area, 25 % designated as affordable.

The projects include JDS Development Group's 1,000 - foot tower at 247 Cherry St.; 62 ad 69 story towers from L+M Development Partners and the CIM Group at 260 South St.; and a 62 - story building by the Starrett Group at 259 Clinton St.. The rental buildings would add about 2,700 apartments to the area — 75 % market rate / 25 % affordable.

The new projects in the Two Bridges area include JDS Development Group's 1,000 - foot tower at 247 Cherry St.; 62 ad 69 story towers from L+M Development Partners and the CIM Group at 260 South St.; and a 62 - story building by the Starrett Group at 259 Clinton St.. The rental buildings would add about 2,700 apartments to the area — 75 % market rate / 25 % affordable.

Some planners support the idea as a solution to New York's affordability crisis, as the move could enable the city to zone certain areas for extremely dense residential developments with tens of thousands of affordable apartments.

Department of Housing Preservation & Development officials argued that the new, affordable apartments would have a 50 percent preference for those living within the community district.

After the tech hub is erected, one theory goes, more residential and commercial development — such as luxury and market - rate apartment buildings, chain stores, and hotels — would change the community character, make the surrounding areas less affordable to small businesses and unrecognizable to long - time residents.

Ms. Olatoye's proposed program would use open space at the developments to construct 13,500 below - market - rate apartments — contributing to the mayor's ambitious affordable housing agenda — and 3,500 units for more upscale tenants.

If the 2,250 affordable units are not completed by the deadline, the developers will have to pay a penalty of $ 2,000 per month per apartment without a temporary or permanent certificate of occupancy, according to the joint venture's agreement with Empire State Development.

FRM was among the first companies to manage privately owned apartment developments under the National Housing Act of 1961 and pioneered the concept of providing resident services programs at its affordable properties in 1975.

Over the past eleven years, neighbors living in the Green Development Zone have worked with PUSH Buffalo to buy 120 properties, renovate and rent out dozens of affordable apartments, and weatherize hundreds of homes.

For - profit developers have also used tax - exempt bond loans and 4 percent LIHTCs to create buildings that mix new affordable housing with luxury apartments, especially in high - rise developments like New York City.

The 84,000 - square - foot development will house 34 second stage shelter apartments, 51 affordable housing apartments, nine market condos and eight retail spaces.

Walters has several South Jersey communities under construction, including luxury single - family, multi-family developments, and affordable apartment projects.

«The apartments are easier politically than having a developer come in with plans for an affordable housing development.

«Today's affordable housing is comprised of new and upgraded garden apartments and high - rises; amenity - laden developments that look nothing like «projects» of the past,» he says.