Sentences with phrase «as affordable housing projects»

Similar projects such as Affordable Housing projects — Wa, Tamale, Koforidua, Asokore Mampong — were all abandoned.
Created in the for 1960s as an affordable housing project, Westbeth brought together icons such as Diane Arbus, Robert De Niro Sr. and Benny Andrews.

Not exact matches

The budget dedicates $ 11.2 billion to cities and provinces for affordable housing over 10 years as part of the second wave of the government's infrastructure program, $ 5 billion of which is to encourage housing providers to pool their resources with private partners to pay for new projects.
He also had a dual role as a commercial banker advising UHNWIs and family offices on investments, credit, and banking needs while focused on residential CRE, infrastructure development, and affordable housing projects.
Company started as a frontier in architecture and design industry empowering projects like NY Affordable Housing Challenge, Rail Baltica Riga Station and Expo Astana.
That means taking such steps as investing in affordable housing projects or advocating for zoning changes to make housing easier to build, the survey found.
In addition to material and labor being more affordable (provided you're willing to put some sweat equity into the project), houses can be built in stages and added on to as resources allow — certainly a better option than taking out an overwhelming mortgage and racking up hundreds of thousands of dollars worth of debt.
The rejiggered model will require a set amount of affordable housing in every project citywide receiving the abatement, as de Blasio sought.
Hevesi says the homeless projects are caught up in a larger dispute over how to renew a special tax break for real estate developers who include affordable housing in their projects, known as 421a.
Crain's New York article on BP Adams unveiling affordable housing projects in Crown Heights and East Flatbush as part of his Faith - Based Development Initiative.
Such bonds function as an alternative to direct public financing of housing projects: Since interest income on PABs is tax exempt, investors are willing to buy them at very low interest rates, and this makes it relatively affordable for states, municipalities, and nonprofits to finance housing (and hospitals, infrastructure, and other public works) through the private capital market.
Brown supports the idea of increasing mixed - use housing and affordable housing projects as the city develops.
Currently, the 421 - a program requires developers to set aside 20 percent of their projects as affordable housing — but only in certain parts of the city.
The on - topic and off - topic questions in the Q&A portion of the press conference included: the project status when de Blasio took office and how his approach to affordable housing differs from Mayor Bloomberg, whether there are any differences in Phase I of the project as being initiated now versus as approved by the Bloomberg administration, what he sees as a realistic percentage of units being «affordable» in projects located closer to or in Manhattan, whether he counts this project towards his goal of 200,000 affordable units, the NYPD officer recently arrested in India, the status of speed camera approvals from Albany, the FOIL delays and responses which did not produce any emails or documents in the Findlayter case, the NYPD / FDNY hockey brawl, Queens Library President Thomas Galante and the newly elected leadership of NYSUT (the state teachers union).
BFC also has targeted redevelopment projects, such as the Bedford - Union armory in Crown Heights, which the firm in 2015 announced plans to convert into private townhomes and affordable housing.
If built, the Family Community Life Center — a mixed - use project that has been in the planning stages for more than 25 years — would include an Olympic - size indoor swimming pool, a 25 - seat theater and media center, 24 - hour day care facilities, an indoor walking track, gymnasium, fitness center, classroom space, and 132 affordable apartment units intended as «workforce housing» for the area.
Kyle Kimball, a Bloomberg appointee and one of the few top city officials to survive the changeover from a mayor focused on skyline - altering development projects to one more intent on building affordable housing outside Manhattan, is stepping down as head of the Economic Development Corp..
One of the reasons Chin is facing opposition is because of her support for the Elizabeth Street Garden project, a proposed development that will replace the Elizabeth Street Garden with a six - story building slated as affordable housing for seniors, while also providing some green space.
«Over the last 20 years, Norstar, as an affordable housing developer, has applied for funding in competitive processes, both successfully and unsuccessfully, for numerous affordable housing projects,» Higgins said in a Saturday email.
She says she also sees the plans to be passed by the City Council as a starting point and that she's received commitments from the mayor that agencies such as the Department of Housing Preservation and Development would invest «additional resources» to make projects more affordable.
Cuomo, in fact, scored points with real estate players by extending the 421 - a tax abatement bill that encourages affordable housing development, but also controversially benefited luxury projects such as Extell Development's One57.
On Tuesday, Grace pointed to several other affordable housing projects that did receive HDC financing as examples of the city's efforts to create more homes for low - income New Yorkers.
New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.
Amid some uncertainty about how the city would achieve Mayor Bill de Blasio's affordable - housing goals without the program known as 421 - a, and how developers would finance their projects, one thing seemed clear: The immediate prospects of Albany lawmakers restoring the program looked bleak.
Sydney House will be the first project financed under HPD's Open Door program, which was announced last year as part of Mayor de Blasio's Housing 2.0 plan to create and preserve 300,000 affordable homes by 2026.
Through projects like Sydney House, and our new Open Door program, we will finance the construction of 1,300 new affordable homes as part of Housing New York 2.0, the Mayor's expanded and accelerated plan to create and preserve 300,000 affordable homes by 2026,» said New York City Department of Housing Preservation and Development Commissioner Maria Torres - Springer.
A Metro IAF spokesperson also emphasized, as have its leaders, that the pace of NYCHA «infill» projects — like the senior projects Grace referred to — has been too slow and that four years into the affordable housing program, few have broken ground.
Monday afternoon to tout the project by Genesis Companies as an example of his rezoning proposals and his plan to build or preserve 200,000 units of affordable housing by 2024.
That too few details have been provided about the creation of 694 units of affordable housing as part of the three projects.
As the Times Union reported in 2015, the Birches at Schoharie received state support despite getting a low initial score from the staff of Homes and Community Renewal, which allocates competitive state and federal grants and tax benefits for affordable housing projects.
As the Times Union reported in 2015, the Birches at Schoharie received state support despite getting a low initial score from the staff of the state Division of Housing and Community Renewal, which allocates competitive state and federal grants and tax benefits for affordable housing prHousing and Community Renewal, which allocates competitive state and federal grants and tax benefits for affordable housing prhousing projects.
Mayor Byron Brown joked that Buffalo should be renamed «Ribbon - cutting City» as he joined others to dedicate a newly - completed affordable housing project inside a former school building.
The Seward Park Urban Renewal Area, a swath of empty property south of Delancey Street, will get 450 affordable housing units as part of a major redevelopment project — and those units will remain affordable forever, city officials announced Tuesday.
Hevesi said the homeless projects are caught up in a larger dispute over how to renew a special tax break for real estate developers who include affordable housing in their projects, known as 421a.
Advocacy group Friends of 20th Street Park point to the unsuccessful condominium projects in West Chelsea along the High Line as potential targets for affordable housing, rather than existing open space.
Most housing assistance programs in Florida, such as HUD's public housing or Section 8 programs and other affordable projects provided by state and local government and nonprofits, use HUD's annual income limits.
Trudeau's plan includes a new, 10 - year investment in social housing, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units) as well as removing all GST for developers of new affordable rental housing projects.
Ontario will also establish a program to identify provincially owned surplus lands for affordable and rental housing, with an eye to using a few specific sites such as the West Don Lands in Toronto for pilot projects.
On day two, the artists will be based at Keith's studio amongst the wider S1 studio cohort at Trafalgar House, revealing the specific context of S1 — setup as affordable studios to encourage the production of new work, from which the gallery and project space evolved.
«We were concerned that the community housing project we are working on in Liverpool would suddenly be seen as «art»,» says Lewis Jones, momentarily downing tools on the building site in Toxteth where the group is busy transforming a street of long - vacant terraced houses into affordable homes for a community land trust.
Passive House and this project represent a new paradigm for affordable housing as it locks in affordability forever.
This project is groundbreaking insofar as it provides evidence that Passive House standard can be delivered at an affordable price in the marketplace.
«Our project now is creating a viable tiny house community that will help people make the best use of tiny houses as affordable, sustainable housing with long - term, reliable stability about where their tiny houses are located.»
McDonald's design / build firm, Onion Flats, had already built Belfield Townhomes, Pennsylvania's first Passive House project, serving formerly homeless families and as a proof of concept that Passive House projects can be built on affordable housing budgets.
Our work is primarily multifamily — both affordable housing and market - rate projectsas well as market - rate single - family homes.
That's why I like this project by Design + Make Studio so much; they call it the Waldo Duplex, built in southern Kansas City as affordable housing.
It's located in Paterson, New Jersey, and it will serve as a template for a project to build over 3,000 affordable housing units in Paterson.
Highlights included advising Radian Group on the development of 500 new affordable homes; acting for Hyde Housing Association on various plot sales and asset management matters; and advising Network Homes on its # 4m acquisition of 23 shared ownership and affordable rent units, a project done as part of a regeneration of a former football stadium.
The Hindu reported that in the statement, «HDFC said it would also need capital to sponsor funds it has set up to invest in the equity and mezzanine debt of affordable housing projects, support capital requirements of its subsidiary companies as and when required and «capitalise on organic and inorganic growth opportunities in the affordable housing finance space».»
Now, as a developer of affordable urban housing with projects in 25 U.S. cities, McCormack wants to use CPD's services in other locations.
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