Sentences with phrase «at affordable housing properties»

These underperforming properties tend to be concentrated in parts of the country where the rents found on the unregulated market are not much higher than the subsidized rents at affordable housing properties.

The state has targeted solar investments at affordable housing properties since the landmark environmental policy year of 2006, when Multifamily Affordable Solar Homes (MASH) program rebates were first offered to the public through the California Solar Incentive (CSI) program.

Not exact matches

The prime minister promised to put the chronic shortage of affordable housing in Britain at the top of his political agenda and announced the bill, saying it would aim to put the property ladder «within the reach not just of the few but the many».

When politicians talk about affordable housing they are usually referring to properties that are sold or rented at 80 % of the local market rate.

At 10 a.m., NYC Councilman Rafael Espinal commends NYC Mayor Bill de Blasio's administration on its commitment to build affordable housing on underused NYCHA property, Hope Gardens, 230 Linden St., Brooklyn.

«So a neighbor is going to be able to go in at very low cost, apply for a grant, rehab a property and maintain it as affordable rental housing.

· Act — New Rochelle & Horton Winthrop - Heritage Homes: An ACT authorizing Westchester County to enter into an agreement with the City of New Rochelle and Horton Winthrop, LLC or its designee for infrastructure improvements in support of a fair and affordable housing development known as Heritage Homes located in the City, and to accept a grant at no cost to the County of all necessary property rights

Tax breaks at One57 cost the city $ 65.6 million in property tax revenue, for instance, while creating just 66 affordable housing units in the Bronx, according to a recent report from the city's Independent Budget Office.

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.

In an effort to preserve a valuable affordable housing resource, the City Council is proposing to end property taxes for the nearly 1,300 limited - income co-ops in New York City in exchange for tighter regulations at those buildings.

MICHAEL WHITE PHOTO Shirley Covedale at the First Baptist Church of Riverhead property, where she's long pushed to get an apartment complex and community center built to provide affordable housing and other services, such as 24 - hour child care, to East End residents.

She discussed rising rents and a lack of affordable housing, but also lamented rising property taxes, criticized Mayor de Blasio's fiscal management and his efforts at allowing private sector housing on NYCHA property.

I support the Land Bank as an important tool for a housing policy aimed at decreasing concentrated poverty, increasing affordable housing, and expanding the property tax base.

In November, Fortis Property Group dropped its plans to include affordable housing at the Long Island College Hospital development.

Housing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lasHousing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lashousing that expired at the end of last year.

Following property taxes, 16 % said the most important issue is gun shows at the Westchester County Center, 12 % said jobs and the economy, and 9 % cited affordable housing.

«Too many communities across this state are still plagued by the blight of vacant and abandoned properties, while at the same time suffering from a critical shortage of affordable housing,» Schneiderman said in a statement.

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.

United Kingdom About Blog At Grant Property, we help people invest in residential property, and create safe, affordable flats and houses to rent acrossProperty, we help people invest in residential property, and create safe, affordable flats and houses to rent acrossproperty, and create safe, affordable flats and houses to rent across the UK.

The property has seven small houses and bungalows, at various prices and sizes, but all are very affordable.

Lisa Guelfi, a Partner in the social housing development team at Clarke Willmott, said: «Key issues for housing associations, such as availability of grant funding, rent review restrictions which are limiting the number of affordable rented properties being provided, and the question of what will happen with Right to Buy receipts from the Midlands pilot and beyond, aren't really addressed.

Property lawyers will be pleased at Philip Hammond's promise of an extra # 1.4 bn to build 40,000 affordable homes and a # 2.3 bn housing infrastructure fund to help provide 100,000 new homes in high - demand areas.

United Kingdom About Blog At Grant Property, we help people invest in residential property, and create safe, affordable flats and houses to rent acrossProperty, we help people invest in residential property, and create safe, affordable flats and houses to rent acrossproperty, and create safe, affordable flats and houses to rent across the UK.

That may mean moving slightly further out or choosing a more affordable property type like a condo or townhouse instead of a house, but if you're anything like me, you'll be able to sleep a lot better at night without a massive mortgage hanging over your head.

Transactions totaled a record $ 166.2 million in April at Lancaster Pollard & Co., a firm that provides financing solutions for seniors housing, health care and affordable housing properties.

The firm is in the midst of a major renovation at that 209 - unit property, which includes both market - rate and HUD affordable housing residences.

The $ 46 million fund is focused on government - subsidized affordable housing developments in California, including 800 units of housing at 10 properties in spread across five California counties.

For example, one proposal would fix the rate at which some affordable housing properties in the LIHTC program generate tax credits, making the program more predictable for developers and investors.

Not only does this provide housing, it also protects property owners: «This is a way for property owners in these areas to achieve a «meeting of minds» with their prospective tenants and achieve much higher occupancy levels, while the tenants get the clean, safe and secure accommodation they want at an affordable price.

The company, which specializes in affordable housing investments, paid $ 32.2 million for the property at 22416 88th Ave. S.

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

To break even, affordable housing properties typically require an occupancy rate of at least 87 percent, according to the study.

Affordable housing properties maintained high occupancies and strong operating incomes in most housing markets, according to «The Low - Income Housing Tax Credit Program at Year 25: An Expanded Look at Its Performance,» a December 2012 report from the accounting firm CohnRhousing properties maintained high occupancies and strong operating incomes in most housing markets, according to «The Low - Income Housing Tax Credit Program at Year 25: An Expanded Look at Its Performance,» a December 2012 report from the accounting firm CohnRhousing markets, according to «The Low - Income Housing Tax Credit Program at Year 25: An Expanded Look at Its Performance,» a December 2012 report from the accounting firm CohnRHousing Tax Credit Program at Year 25: An Expanded Look at Its Performance,» a December 2012 report from the accounting firm CohnReznick.

Affordable housing properties typically sold at cap rates averaging around 6.6 percent over the last year, according to CBRE.

What happens at year 15 The marketplace and opportunities to buy and sell LIHTC Properties Appearance of Affordable Housing: Most newly developed Low Income Housing is impossible to differentiate from market rates properties.

In addition, properties must have at least one of the following affordable characteristics: Tax abatement; Section 8 Vouchers or Housing Assistance Payments (HAP) Contract; Low - Income Housing Tax Credit (LIHTC) properties in at least year 11 of compliance period; and / or a Regulatory Agreement that imposes rent / income restrictions.

The renovations, valued at more than $ 650,000, included a complete upgrade of the property's six original affordable housing units, as well as a reconfiguration to maximize space efficiency and create a seventh two - bedroom unit.