If loan limits are allowed to drop to levels
below local construction costs, developers can't make FHA - financed deals pencil out.
Not exact matches
The de Blasio proposal consists of two parts: mandatory inclusionary zoning, which would require all new
construction to set aside a quarter to a third of its new units for
below - market tenants, and «Zoning for Quality and Affordability,» which would spur senior housing
construction, eliminate some
local size and shape restrictions and waive the parking space requirements at such developments to maximize residential
construction.
But there is persistent concern about the quality of some of the
construction and this is because,
local officials sometimes take bribes and allow
construction companies to build things
below standard and so we have a situation in the Sichuan province where the earthquake occurred, where schools were collapsing and collapsed at a much greater rate than other government buildings and the suspicion is of course that
local officials have taken bribes and allowed the schools to be built this way.
This video (see
below) gives an overview of the
construction of Sheffield Wind, a 40MW wind farm in Northern Vermont, and of how it affected some of the
locals.
Local experts said commercial office and industrial prices are
below construction costs in 83 percent of markets.