Sentences with phrase «as affordable units»

Not exact matches

We make the most of available government programs and incentives to create affordable units, even as we provide a return to our social impact financial partners.

As businesses and individual customers gravitate toward really expensive units or affordable desktop models, these factors combined are raising the average selling price of industrial systems.

Launched in 1973 as a plastic injection molder with six employees, Cascade Engineering has blossomed into a diversified manufacturer with 15 business units and a product line that includes waste containers, auto parts, and furniture components — and, more recently, wind turbines, solar panels, and affordable water filters for the developing world.

Mayor Rahm Emanuel believes it will help produce as many as 1,200 affordable units over that span of years.

Whereas bitcoin has struggled with mainstream adoption as a unit of transaction, Litecoin appears to be making faster progress in terms of transaction speed and affordable fees.

This small building maybe used as a rental unit of housing or as a place to work; it may also be properly regarded as an example of private sector affordable housing.

The Deputy Head of Macroeconomic Research Unit, Ministry of Finance, Dr. Millicent deGraft - Johnson who spoke on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and debt sustainability, improving the ease of doing business and enhancing access to affordable and long - term financing and de-risking instruments.

New York Post article on Borough President Adams joining Mayor de Blasio in announcing the City's initiative to create or preserve 300,000 affordable housing units by 2026, which he praised as critical to keeping Brooklyn affordable for all.

Manhattan Borough President Gale Brewer said the city must make modifications to the plan to gain her support, such as the addition of «significantly more new affordable units,» a delay in the rezoning of the commercial district, and $ 7.5 in funding for anti-displacement programs.

-LSB-...] program, which housing advocates see as a giveaway to developers, previously required developers to market affordable units to residents of the surrounding -LSB-...]

At Pratt, he led many successful community - planning efforts, as well as campaigns to expand affordable housing and create NYC's «inclusionary zoning» program, which requires developers seeking tax breaks to set aside 20 percent of their units for low and moderate income families and pay a living wage to their service workers.

«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants but offer protections against arbitrary evictions as well,» he added.

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.

Despite the urgent need for affordable housing uptown, Jackson indicated that Sherman Plaza would not be a good deal for the community, as the affordability level of many of the units would still be too high.

A 12 - story affordable housing complex in East Harlem is one step closer to completion, as construction on Acacia Gardens, a 179 - unit building created by the Acacia Network, has ended the structural phase.

«What we all have in common is we help each other,» she said, crediting the success of the community, such as in the deal to retain 5,000 affordable units, to its tenants» organizational skills.

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 disabilities.

Mayor Bill de Blasio today unveiled a $ 41.1 billion affordable housing plan that city officials touted as the most ambitious in the city and nation's history, and which aims to build and preserve 200,000 units of affordable housing over the next 10 years.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY investments will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

The program, which housing advocates see as a giveaway to developers, previously required developers to market affordable units to residents of the surrounding neighborhood before the rest of the city.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

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

The newest affordable housing complex in the city is now open for residents, as sponsor Regan Development Corp. completed its $ 17.3 million makeover of the former Buffalo Milk Co. building on the West Side into new residential units.

The de Blasio administration's plan to rezone East New York and create or preserve thousands of new affordable housing units may actually displace as many as 50,000 residents, according to City Comptroller Scott Stringer.

The housing bonds, known in the industry as «bond cap» or «volume cap,» are responsible for a significant chunk of the affordable housing built in New York City — 17,000 of the roughly 40,000 units the city has created over the past two years.

As one of the largest faith - based developers of affordable housing in the country, Catholic Charities provides 2,900 units of housing for low - income seniors, families, and the formerly homeless and formerly homeless veterans throughout Brooklyn and Queens.

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

Sanders also called on local governments to «demand more» from developers who receive government subsidies, saying affordable housing units should not return to market value rents after 10 to 20 years as is often done.

Principal among the policy positions of Mayor - elect Bill de Blasio as a candidate was his promise to put an end to the abuses of stop and frisk; a pledge to ensure universal Pre-kindergarten by taxing New Yorkers making over $ 500,000; and creating and preserving greater units of affordable housing.

The plan would require residential developers in rezoned neighborhoods to set aside a fixed portion of units as affordable.

As part of House New York, the state's largest investment in affordable housing in at least 15 years, Empire State Development's 35 Mitchell - Lama developments with 8,600 existing units were transferred in 2013 to HCR.

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

Martins» legislation mandates that any developer receiving the 421 - a abatement would have to pay workers the prevailing wage for projects with more than 50 units where less that 50 percent of the units are priced as affordable.

The governor proposed several initiatives that brought his platform further left towards liberal issues that de Blasio has been championing — such as increasing the minimum wage to $ 15 per hour, mandating 12 weeks of paid family leave and offering up $ 20 billion over the next five years to address homelessness by providing 20,000 more supportive housing beds and 100,000 units of affordable housing.

As previously reported, the city's public advocate slammed Quinn's proposed property tax cap for buildings that pledge to reserve a certain percentage of units for affordable tenants.

But just a few months later, Mandatory Inclusionary Housing, which is both the most dramatic of those changes and the linchpin of the mayor's ambitious goal to build 80,000 units of affordable housing in the next 10 years, has encountered major stumbling blocks, calling into question its efficacy as an engine of change.

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).

Speaking Thursday at the St. Patrick's Day Parade, de Blasio said the nonprofit had accomplished what it was created to do: Push through proposals such as universal pre-K and his zoning changes to help create and preserve 200,000 units of 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.

At St. John's Terminal, Westbrook Partners and Atlas Capital have agreed to set aside 500 of the 1,596 units as affordable or supportive housing.

He cited his $ 20 billion plan to build 20,000 units of supportive housing and 100,000 units of affordable housing as proof.

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.

At the time, de Blasio and REBNY were pushing for a 421 - a revamp that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

The mayor touted the number of affordable apartment units - 20,325 - as a one - year record, and far from anything seen in the city since Mayor Ed Koch's ambitious housing plans of the «80s.

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.

Mayor Bill de Blasio, however, was a supporter of the project — seeing it as a test case for his new mandatory inclusionary zoning policy, which requires developers to insert affordable units into new developments as a precondition for construction.

The city has proposed requiring 80/20 landlords to set aside affordable units for the homeless, as The Real Deal reported.

Mayor Bill de Blasio says he's perplexed as to why community residents are rejoicing over the City Council's vote to reject to the Sherman Plaza rezoning proposal in Inwood — arguing it is «not a win for the community» because developers could now erect housing with no affordable units.

Separately, on de Blasio's citywide zoning changes before the council to mandate below - market - rate housing, she said that she «definitely» expects to see tweaks, such as units that are more affordable to those with lower incomes.