Sentences with phrase «build affordable housing properties»

Prices for LIHTCs seem to have stabilized and developers are still able to build affordable housing properties.

Not exact matches

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.

The new Affordable New York Housing Program lets developers of rental apartment buildings off the hook for property taxes for 35 years.

MJM Construction's website is no longer online, but an archived version described their plans for the property: a 91 - unit «affordable housing complex» in a seven - story elevator building.

Reyna, an advocate for affordable housing, recently pushed an agreement with Rheingold Brewery developer Read Property Group to include «permanently affordable» housing units in the Bushwick building.

It also includes $ 125 million in credits to create and preserve affordable rental properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market housing citywide.

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.

But today, the mayor insisted his administration was either currently building affordable housing on many of those properties or would do so soon — but that many others just aren't suited for residential construction.

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.

The developer is in contract to buy the property and build housing and retail on it, including 165 apartments, 41 of which would be affordable.

Avery Hall Investments is in contract to buy 120 Fifth Ave., now home to one of Park Slope's largest and most affordable grocery stores, and wants to build housing and retail on the property.

Bashner, a lawyer who wants to build new affordable housing on NYCHA property, with priority for current residents, said, «I think the mayor's doing a terrible job on affordable housing.»

The development, known as Astoria Cove, is viewed as a coup by the de Blasio administration and left - leaning City Council members — a about - face on the part of City Councilmembers occasioned by a 7 percent increase in the amount of affordable housing housing to built — and an agreement to use organized labor during the construction phase, even as speculation builds that the developer, Alma Realty, could flip the property and some activists question whether enough affordable housing will be built.

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.

Our client portfolio is diverse covering small to national affordable housing providers, private sector building contractors and property and surveying consultancies.

As a result, owners of older affordable housing properties are able to take advantage of Green Preservation Plus without going through the kind of gut rehab that's often required for an older building to meet a standard like LEED.

A portion of the advertising fees paid to CRL Network by all participating property advertisers and sales professionals will support the building of a home for a family living without affordable housing.

When it inured to their benefit, such as applying for a multi-family property tax exemption that was created to help generate more affordable housing units — they would use the number of bedrooms in a building.

To boost homeownership, Bush is moving forward with his campaign pledge to couple a downpayment assistance fund with a tax credit for developers who build new properties or rehab existing ones for affordable for - sale housing.

We also remain informed on local, state, and national issues that effect your property rights so our association can effectively work to protect these rights, promote affordable housing, and help build better communities.

For - profit investors continue buying up apartment properties with relatively low rents, including those originally built through government - subsidized affordable housing programs.

Arlington County teamed up with the Arlington Partnership for Affordable Housing (APAH), a nonprofit corporation, to build a community center and affordable housing on the same county property atop a shared parkiAffordable Housing (APAH), a nonprofit corporation, to build a community center and affordable housing on the same county property atop a shared parking Housing (APAH), a nonprofit corporation, to build a community center and affordable housing on the same county property atop a shared parkiaffordable housing on the same county property atop a shared parking housing on the same county property atop a shared parking garage.

Property is under the Watsonville Affordable Housing Program... Built in 2004, this home features 4 bedrooms, 2.5 b...

The financing will be used to build Union Flats, a 217 - unit affordable housing property in St. Paul.