Sentences with phrase «build affordable units»

Mandatory Inclusionary Housing would require developers to build affordable units in projects that benefit from city rezonings.

Despite the mayor's homeless and housing plans, advocates have complained that the de Blasio administration has not done enough to build affordable units for the New Yorkers who need them the most.

The de Blasio administration's «Mandatory Inclusionary Housing» program would require some new construction to include permanently affordable housing, and their «Zoning for Quality and Affordability» would eliminate parking requirements and increase building heights, among other changes, with the goal of making it easier to build affordable units and senior housing.

NEW YORK CITY — The mayor announced an ambitious affordable housing plan during his State of the City speech, complete with 80,000 new units by 2024 and six neighborhoods where developers will be required to build affordable units.

While many of the details of the plan were vague or left to be determined, City Hall intends to focus extensively on mandatory inclusive zoning, which forces developers to build affordable units in new developments — but officials said that the proportions would be determined on a zone - by - zone basis over the years to come.

And most of all, don't increase those Affordable Housing Opportunity Fund fees developers would pay for opting out of building affordable units.

Developers in Manhattan and parts of Brooklyn and Queens are required to set aside 20 percent of newly created housing for «affordable» units while developers elsewhere — roughly 84 percent of the city's landscape — can get the benefit without building any affordable units.

Not exact matches

Unlike the condominiums and rental units he used to build, he says, «it's not meant to be affordable.»

This lack of suitable housing led to the creation of the Alley Dwelling Authority in 1934, a federal housing agency that built affordable and sanitary housing units.

In the government's press release about BCHP, they highlighted their $ 855 million commitment to build 4,900 desperately needed units of affordable housing.

Seattle's goal is to raise $ 75 million from taxes, three - fourths of which will be used to build 1,800 affordable housing units in the city.

, investment social infrastructure, prioritize investments affordable housing seniors» facilities, build housing units refurbish old ones, support municipalities maintain rent - geared — income subsidies - ops, communities money need housing initiatives help homeless canadians housing.

The developers of Pacific Park face some risk; the amended development agreement imposes a 2025 deadline for 2,250 affordable housing units, nearly 1,470 of which remain to be built.

The building is home to 298 affordable rental units, a garden terrace, a gym and a children's playroom.

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.

We can build hundreds of units of affordable housing (a good thing by the way) and people still might not have homes.

The plan makes housing accessible and combats homelessness by building or preserving more than 100,000 units of affordable housing — enough to house every resident in the City of Buffalo.

The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market - rate units for seniors and physically - handicapped persons.

It would build over 2000 new affordable housing units, open new health care facilities create new parks and open new farmers markets.

Under the plan negotiated between the mayor and the Real Estate Board of New York, or REBNY, buildings with profitable luxury units would have a smaller share of affordable housing.

Two of the seven buildings — and a total of 480 units — are slated to be affordable.

The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»

Meanwhile, urgency is clearly building for some program that incentivizes the development of housing, especially affordable units.

The plan makes housing accessible and combats homelessness by building and preserving more than 100,000 units of affordable housing and 6,000 of supportive housing.

This development will transform a building that is part of the city's past to 147 units of affordable housing that will both enhance downtown's revival and spur nearby redevelopment.»

He is the only one who will raise taxes on the wealthy to fund universal pre-k and after - school programs that keep our kids safe; the only one who supports the full package of reforms to end a stop - and - frisk era defined by racial profiling; and he has the boldest plan to build or preserve nearly 200,000 units of affordable housing.

The plan makes housing accessible and combats homelessness by building and preserving 112,000 units of affordable housing, including 6,000 of supportive housing.

Currently it mandates developers who build in rezoned areas of the city pick from one of three options for affordable housing: 25 percent of their units rented to those making, on average, 60 percent of the Area Median Income, 30 percent at 80 percent of the AMI or 30 percent at 120 percent.

Mr. Cuomo also refused to say if he considered Mr. de Blasio's ambitious plan to create or maintain 200,000 units of affordable housing feasible, and said he did not know if he would speak at a planned rally of building trades workers in Albany next week.

Ms. Glen told the Council's Committee on Housing that several independent studies, including those done by Columbia University and the Citizens Budget Commission, showed that mandating real estate interests receiving the tax deduction to pay union rates would result in 30 percent fewer affordable units getting built.

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.

Mr. de Blasio, in pursuit of his goal to build or preserve 200,000 units of affordable housing in a decade, wanted Albany to renew the tax credit but require all developers getting it to build affordable housing, no matter where their development was, and also wanted the program to include a mansion tax on sales of residences worth $ 1.75 million or more.

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.

The 45 new affordable units will be divided among 6 newly created buildings and 2 rehabilitated historic buildings.

In an interview with the Observer Monday afternoon, Ms. Been said that the city will try to work with building owners to help pay for energy efficiency overhauls or capital improvements in exchange for agreeing to keep rents affordable for a period of time, or even enter the units into rent regulation.

The award is part of $ 141 million the Governor announced to build and preserve 2,160 affordable housing units across the state.

These programs will aggregate sites to develop affordable housing, including one - to four - family homeownership opportunities and up to 20 - unit rental buildings.

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.

Ms. Been said that most permanently affordable units created through the program are likely to be those built via inclusionary zoning versus those that would require ongoing city, state or federal subsidies.

Based on his affordable housing credentials and his apparent commitment to getting more low and middle income units built in central Brooklyn, Mr. Williams won the endorsement of the Working Families Party, which will presumably wage an intensive street effort to get their man into office.

Critics note that the current program only requires developers to include affordable units if their buildings are in the «Geographic Exclusion Area» covering less than 17 percent of the five boroughs, and that it costs the city upwards of $ 1.1 billion in foregone revenues.

I applaud the Mayor's far - reaching 10 - year plan to build and preserve 200,000 affordable housing units throughout our city, and the Church in all boroughs of New York City looks forward to continuing to work with NYC and Mayor de Blasio to help achieve this important affordable housing goal,» said His Eminence Timothy Cardinal Dolan, Archbishop of New York.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

«But 80 percent of those units are not going to be affordable for the people in the communities where they're being built.»

The city's Department of Housing Preservation and Development is looking for a developer to build up to 225 affordable housing units and 68,000 square...

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.

Some of Dinkins» accomplishments include creating the city's Economic Development Corporation, launching the «Safe City, Safe Streets» initiative, which many credit with putting New York City on the path toward its recent record crime lows and building many units of affordable housing.

The mayor has said his proposed changes will help him reach a goal of building 80,000 new units of affordable housing, and preserving another 120,000, over the next decade.

In a statement, the de Blasio campaign said, «Bill de Blasio has put forward the most comprehensive affordable housing plan of any candidate for Mayor — one that will create or preserve 200,000 units of affordable housing and require developers to build more permanent affordable units.

The $ 145.3 billion spending plan increases school aid next year by just under $ 1 billion (which school boards say is not enough) and over the next five years commits to build thousands of units of affordable housing for the homeless, contribute $ 8.3 billion to the Metropolitan Transportation Authority, spend $ 22 billion on upstate roads and bridges, cut taxes for small businesses and create a rebate for Thruway toll payers.