Sentences with phrase «built as affordable housing»

The complex was built as affordable housing in 1976 as part of the Mitchell - Lama program.

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

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

Not exact matches

That means taking such steps as investing in affordable housing projects or advocating for zoning changes to make housing easier to build, the survey found.

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.

In addition to material and labor being more affordable (provided you're willing to put some sweat equity into the project), houses can be built in stages and added on to as resources allow — certainly a better option than taking out an overwhelming mortgage and racking up hundreds of thousands of dollars worth of debt.

With community support, we eliminated high - fructose drinks from school vending machines and banned sweets from classroom parties (a hard swallow for those drinking the same sugary punch as Cookie Crusader Sarah Palin); changed the tuition - based preschool food offerings to allergy - free, healthful choices; successfully lobbied for a salad bar and then taught kids how to use it; enlisted Gourmet Gorilla, a small independent company, to provide affordable, healthy, locally sourced, organic snacks after - school and boxed lunches; built a teaching kitchen to house an afterschool cooking program; and convinced teachers to give - up a union - mandated planning period in order to supervise daily outdoor recess.

De Blasio's plan to reshape neighborhoods is facing widespread opposition from community leaders and elected officials, setting up a battle for his administration as it seeks to build more affordable housing citywide.

But now almost a year later, it appears as though they have; 421a is not only essential for developers, it's the only way to ensure that affordable housing gets built.

As he says, he single - handedly pushed GFI to increase the amount of affordable housing they were going to build.

Not to be outdone, a spokesperson for the mayor shot back, «If 421 - a is simply extended as is, as some are seeking up in Albany, there will be no prevailing wage construction jobs, far fewer building service workers making prevailing wage and no progress on affordable housing for tens of thousands in desperate need.

HCR Commissioner James S. Rubin said: «This is an extraordinary building and an irreplaceable affordable housing resource — as the many people who have called this building home can attest.

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.

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.

However, more must be done to find solutions to the housing crisis and it is concerning that the Office for Budget Responsibility predicts there will be 14,000 fewer affordable homes built as a direct result of social housing rent cuts.

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.

Developers argue the tax break is necessary for the city to build affordable housing and meet Mr. de Blasio's ambitious construction goals, especially as the cost of land skyrockets.

«As a city we can not in good faith push to build and preserve affordable housing while simultaneously increasing rents and effectively pricing families out of their homes.

Today, however, the billionaire REBNY chairman enjoys a strangely strong friendship with Mr. de Blasio, even as he has sought to duck the building requirements of the mayor's affordable housing initiative.

Glenwood received tax breaks for affordable housing as well as having new buildings and Silver oversaw the distribution of those breaks as the head of the Assembly.

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.

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.

Silver has also been viewed as instrumental in securing tax breaks for Billionaire's Row skyscrapers such as One57 in return for affordable housing being built offsite.

Banks called the measure a good start and one that «certainly has enough to incentivize our membership to go out and build as much affordable housing as they possibly can.»

«How is it that a community with a need as great as ours has not even received 1 percent of the affordable housing built in Manhattan?»

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 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 housing in the next 10 years, has encountered major stumbling blocks, calling into question its efficacy as an engine of change.

If 421a is simply extended as - is, as some are seeking up in Albany, there will be no prevailing wage construction jobs, far fewer building service workers making prevailing wage and no progress on affordable housing for tens of thousands in desperate need.

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.

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

Kyle Kimball, a Bloomberg appointee and one of the few top city officials to survive the changeover from a mayor focused on skyline - altering development projects to one more intent on building affordable housing outside Manhattan, is stepping down as head of the Economic Development Corp..

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.

Recommendations range from a need to build more affordable housing, through to proposals for a «Help to Rent» scheme which could help more young people negotiate the challenges of saving for a deposit and costly monthly rents, as well as better mental health support and incentives to encourage companies to take on more young apprentices.

Mayor de Blasio's housing plan draws concern and support at a City Council hearing, as the city looks to require private developers to build affordable housing to meet the needs of the city's lowest - income residents.

Those involved with building affordable housing across the state are bracing for a potential significant impact as the House and U.S. Senate look to reconcile legislative differences when it comes to how certain types of municipal bonds are treated in the federal tax code.

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.

One of the reasons Chin is facing opposition is because of her support for the Elizabeth Street Garden project, a proposed development that will replace the Elizabeth Street Garden with a six - story building slated as affordable housing for seniors, while also providing some green space.

Developers can build a 14 - story tower with no affordable housing at the site as - of right, according to Politico.

There was the time, less than a month later, when Mr. de Blasio, as a centerpiece of his State of the City address, announced a plan to build an affordable housing complex on a Queens rail yard — and Mr. Cuomo, within hours, shot it down.

The governor also did not deny that he was the «top Cuomo administration official» quoted in the Daily News questioning de Blasio's strategy as he pushed to renew his control of the city's schools and restructure and reauthorize a real estate tax subsidy to help him build more affordable housing.

Spinola said some form of the program will be necessary as Mayor Bill de Blasio embarks on his ambitious initiative to build 80,000 affordable housing units within a decade.

The borough president also discussed the need to build more affordable and permanent supportive housing as a means to prevent homelessness, and threw his support behind Queens Assembly Member Andrew Hevesi's Home Stability Support plan, which would give rent subsidies to those in danger of losing their homes.

Glenwood has relied on the Senate Republican conference as a bulwark for several key issues it has before the Legislature, including a lucrative tax break given in exchange for the building of affordable housing.

The Building and Construction Trades Council of Greater New York, which is affiliated with about 100,000 union members, gave its endorsement today, praising what it described as de Blasio's commitment to responsible development, affordable housing and job creation.

In outlining numerous successes The Bronx has seen in recent years, Borough President Diaz noted considerable job growth and new attention from national and international media, as well as billions of dollars in new investment that has been leveraged to create jobs, improve infrastructure and build thousands of units of affordable housing.

During a press conference on Dec. 27, while announcing that the county had met the terms of its settlement with HUD to build 750 units of affordable housing before 2017, Astorino commented on Johnson's plans to run for governor as a Democrat.

Silver has also been a longtime advocate for affordable housing, negotiating rent protections for 3,500 residents of Battery Park City's Gateway Plaza as the building's owner has tried several times to turn the apartments market - rate, residents said.

As the Green Party candidate, a party founded on environmental issues, Levy says he wants a ban on nuclear power plants in New York and also wants to see affordable housing and other buildings in New York made with eco-friendly and sustainable materials and practices.

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.

Durst expected to receive $ 43.5 million in financing as part of a deal to build 163 units of private affordable housing.