Sentences with phrase «as affordable housing»

He said that if elected, he would focus on creating more programs for children, as well as affordable housing.

Units building as affordable housing would have to remain at those rents for 40 years.

The entire property serves as affordable housing to families earning at or below 60 percent of the area median income.

Under the existing code, any development of five housing lots or more must set aside 20 percent as affordable housing.

The company will reserve 460 units — roughly 27 percent of the floor space as affordable housing, up from the 20 percent originally negotiated by the de Blasio administration.

As the affordable housing landscape continues to evolve, 2018 has the potential to introduce even more uncertainties to the market.

It also has good employment opportunities as well as affordable housing.

As the population in this city expands, not only does city government need to tackle issues such as affordable housing for new residents, but also providing modes of transportation and preventing city streets from becoming overly congested.

«This is not only a great opportunity to help the neighborhood to continue to develop commercial space as well as affordable housing for all,» Diaz said in a statement, «but this plan could allow one of the best colleges in our city, Lehman College, the opportunity for expansion it deserves.»

Similar projects such as Affordable Housing projects — Wa, Tamale, Koforidua, Asokore Mampong — were all abandoned.

The complex was built as affordable housing in 1976 as part of the Mitchell - Lama program.

Common Council members say they back inclusionary zoning, which requires new housing to set aside a certain percentage of units as affordable housing.

«I think that currently we have a mayor that hates the governor and that is impeding a lot of things in this city,» he said, later adding that not only potential transportation fixes, but efforts such as affordable housing initiatives are also hindered by de Blasio's contentious relationship with Cuomo.

There continues to be strong demand for manufactured homes as an affordable housing option, as it remains the largest source of unsubsidized affordable housing across the nation.

In Seattle, micro-units were initially heralded as affordable housing options, and since 2006, the city has permitted 48 micro-housing projects.

«This new public housing program will be a jobs program, a desegregation program, and a clean energy program as well as an affordable housing program.

Purchase preserves 94 Southern Tier Homes as Affordable Housing; The Woodlands Community Residents Proclaim «We Own It!»

Senate Republicans have introduced legislation that would include a prevailing wage component, while Assembly Speaker Carl Heastie, a Democrat, has said his conference is supportive of such a provision as well (Assembly Housing Chairman Keith Wright has bills for both a prevailing wage as well as affordable housing language).

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.

On Nov. 25, 2003, Suffolk County Executive Robert Gaffney transferred a foreclosed property to the Village of Greenport, earmarking it for use as affordable housing.

City Council Speaker Christine Quinn has advocated a $ 20 million program that would put vacant apartments on the market at a discount as affordable housing, and these two buildings would be the first to take part in the program.

The owners of two distressed condominium buildings are negotiating with the city on a deal that would put vacant apartments on the market as affordable housing, the New York Post reported.

The city created the TIL program in 1978 to keep dilapidated buildings occupied so they could be maintained as affordable housing.

«This agreement preserves 505 LaGuardia as affordable housing into the foreseeable future and demonstrates NYU's commitment to work with its neighbors to preserve and improve the Greenwich Village neighborhood,» said Lynne Brown, NYU Senior Vice President.

Upwards of 60,000 city residents applied to live in the 14 Carmel Place units listed as affordable housing at around $ 1,000 / month.

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.

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.

Armstrong, who has been part of a local movement promoting the building of more tiny homes as an affordable housing alternative, says on Austin - American Statesman that the flexibility that tiny homes offer was one reason she built one for herself, in the midst of rising housing prices in Austin:

In Augusta County, manufactured homes are acknowledged as affordable housing and thought of on a regional level.

Apartment properties that qualify as affordable housing properties can also get addition loan proceeds to pay for improvements that save energy and water through Fannie Mae's Green Preservation Plus program.

Some ski resort operators worry that the growing popularity of Airbnb and other sites means that properties in ski resort towns that would otherwise be available as affordable housing for resort workers are instead listed for vacationers.

CHT is the largest — and one of the oldest — community housing trusts in the country with 500 owner - occupied homes and condos permanently preserved as affordable housing in a three - county region.

Created as part of the 1986 tax reform effort, the LIHTC, also known as the affordable housing credit, has been responsible for financing the development of more than 2.7 million rental homes.

In addition to serving as an affordable housing investor and lender, PNC also is one of the largest tax credit syndicators in the country.

Featuring a combination of exhibition, education, and public programming spaces on a 20,000 square foot campus, Art + Practice transcends the traditional expectations of the «community art space,» as it offers services to foster youth in a collective and practice space, as well as affordable housing initiatives for homeless people, and professional and educational counseling for participants.

Developers of these buildings will also be required to set aside between 25 and 30 percent of units as affordable housing, in accordance with suspended legislation that's been held up in Albany.

«This is not only a great opportunity to help the neighborhood to continue to develop commercial space as well as affordable housing for all, but this plan could allow one of the best colleges in our city, Lehman College, the opportunity for expansion it deserves,» said Borough President Diaz.

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

As affordable housing in the city becomes increasingly scarce and homelessness increases at an alarming rate, Berkeley fears the long - term repercussions of the bill.

JPMorgan reported a net $ 2.4 billion charge, made up of the impact of repatriation of overseas earnings and adjustments to tax - oriented investments such as affordable housing and energy, but also offset partly by a revaluation of the firm's deferred tax liabilities rather than assets as at other firms.

The Government's emphasis on empowering local communities will help those communities to find locally appropriate solutions to key issues such as affordable housing.

He recommends renovating a dozen long - vacant buildings and reopening them as affordable housing.

Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.

«Landmark on Main Street brings our local residents together by providing world class art and cultural programs as well as affordable housing, said North Hempstead Supervisor Judi Bosworth.

The city's rezoning plan would require developers to set aside at least 25 percent of units in new projects as affordable housing.