Sentences with phrase «city affordable housing projects»

The plan also rejects Cuomo's push, opposed by Mayor de Blasio, to require an obscure state board to sign off on all city affordable housing projects funded with tax - exempt bonds.

A controversial provision that would have given the state veto power over certain New York City affordable housing projects was nixed during budget discussions.

Not exact matches

The budget dedicates $ 11.2 billion to cities and provinces for affordable housing over 10 years as part of the second wave of the government's infrastructure program, $ 5 billion of which is to encourage housing providers to pool their resources with private partners to pay for new projects.

He said the mayor is prepared at any time to sit down and hash out plans, but for now, the current pipeline of affordable housing projects grandfathered into 421a should leave the city in good shape.

In a blow to Mayor de Blasio's housing plan, a key City Councilman announced he would oppose the first private project proposed under new affordable housing rules.

Brown supports the idea of increasing mixed - use housing and affordable housing projects as the city develops.

The Sherman Plaza developers, Washington Square Partners and Acadia Realty Trust, need approval from the Council for the spot rezoning to include more affordable housing in the project, which would be the first in the city to be built under Mayor Bill de Blasio's Mandatory Inclusionary Housing (MIH) rezoninhousing in the project, which would be the first in the city to be built under Mayor Bill de Blasio's Mandatory Inclusionary Housing (MIH) rezoninHousing (MIH) rezoning plan.

«It will continue to stick New York City with the bill for billions of dollars in return for projects that produce little or no affordable housing,» she said.

The City will leverage Project - Based Section 8 vouchers to make housing affordable to those seniors whose income remains stagnant or declines over time, and will continue to push for expanding income eligibility in the SCRIE program.

In her testimony before the Council, Ms. Glen noted that the 421a credit — a frequent target for liberals — is available for most projects across the city, but developers are only required to include any affordable housing in their buildings in the so - called «geographical exclusion area» covering just 16.5 percent of the city.

City Council Speaker Quinn underscored repeatedly that the project would bring affordable housing to the area and that community groups worked together to make the $ 15 billion project a reality.

Over the course of the approval process, Jamestown had made several concessions to city planning officials and opponents of the project, nixing a plan to build a hotel and earmarking money for affordable housing.

Sean Ryan [email protected] Milwaukee could stymie an affordable housing project at the Hide House if the city awards the former tannery in Bay View historic status.

City neighborhood and development commissioner Paul Driscoll doesn't think there are any other housing projects like it in the city: a mix of market rate apartments with affordable apartments in one buildCity neighborhood and development commissioner Paul Driscoll doesn't think there are any other housing projects like it in the city: a mix of market rate apartments with affordable apartments in one buildcity: a mix of market rate apartments with affordable apartments in one building.

President and CEO of Housing Visions Kenyon Craig said, «Housing Visions is proud to partner with New York State's HCR and OTDA, the City of Niagara Falls and the YWCA of Niagara to bring much needed neighborhood revitalization through the development of affordable housing with the Walnut Avenue Homes pHousing Visions Kenyon Craig said, «Housing Visions is proud to partner with New York State's HCR and OTDA, the City of Niagara Falls and the YWCA of Niagara to bring much needed neighborhood revitalization through the development of affordable housing with the Walnut Avenue Homes pHousing Visions is proud to partner with New York State's HCR and OTDA, the City of Niagara Falls and the YWCA of Niagara to bring much needed neighborhood revitalization through the development of affordable housing with the Walnut Avenue Homes phousing with the Walnut Avenue Homes project.

«The City of Buffalo is pleased to continue its partnership with PUSH Buffalo by contributing funds that flow through the city for projects that provide safe and affordable housing options for members of our community,» said Mayor Byron W. BrCity of Buffalo is pleased to continue its partnership with PUSH Buffalo by contributing funds that flow through the city for projects that provide safe and affordable housing options for members of our community,» said Mayor Byron W. Brcity for projects that provide safe and affordable housing options for members of our community,» said Mayor Byron W. Brown.

The following month, Phipps Houses, one of the city's premiere affordable housing developers, withdrew its rezoning application to build a 209 - unit apartment building in Sunnyside, Queens, retreating after it became clear that local Council member Jimmy Van Bramer could not be convinced to support the project.

Currently, the 421 - a program requires developers to set aside 20 percent of their projects as affordable housing — but only in certain parts of the city.

The speaker was also asked about Mayor Bill de Blasio's affordable housing plan and how it might fare in the City Council, which has the power to approve rezoning laws and development projects.

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..

Developers, bankers and de Blasio administration officials said they were told in meetings with aides to Cuomo the city would lose a sizable share of up to $ 900 million a year that the state provides in federal tax - exempt bonds for affordable housing projects in the five boroughs.

Proposed changes to a property - tax break called 421 - a — most notably a requirement that all developers include affordable housing in new projects receiving the benefit — would not stifle construction activity in New York City, according to a study released today.

Edward Ott, a labor expert at CUNY and former executive director of the New York City Central Labor Council, said that Building and Construction Trades Council of Greater New York's agreement may encourage more developers to hire union workers for affordable housing projects.

Bottom line, thanks to de Blasio's persistence: For the first time since 421 - a launched in the 1970s, developers must include affordable housing in their projects in order to claim the tax relief, wherever in the city a project is located.

«Right now, when large - scale development is winding through the city land - use review process, sometimes, developers give back a school, sometimes they give back a park, sometimes it's affordable housing, sometimes it's nothing and sometimes a project isn't approved,» she said.

She says she also sees the plans to be passed by the City Council as a starting point and that she's received commitments from the mayor that agencies such as the Department of Housing Preservation and Development would invest «additional resources» to make projects more affordable.

In Manhattan, where such real estate is scarce, this project will invigorate an entire underused square block of the city with a sustainable community, complete with a new elementary school, 682 units of affordable housing, and 15,000 square feet of retail space.»

The tax is projected to raise roughly $ 200 million per year, which will help plug a $ 1.9 billion gap in the mayor's $ 42 billion affordable housing plan, city officials said.

Senator John A. DeFrancisco said, «I was happy to support the Salina Crossing project in Syracuse to help revitalize our neighborhoods on the north and south sides of the city and provide quality affordable housing to many of our deserving residents.

On Tuesday, Grace pointed to several other affordable housing projects that did receive HDC financing as examples of the city's efforts to create more homes for low - income New Yorkers.

In a blow to Mayor de Blasio's housing plan, a key City Councilman — Ydanis Rodgriguez — announced he would oppose the first private project proposed under new affordable housing rules.

To the relief of New York City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over individual affordable housing projects paid for with federal tax - exempt bonds the state gives to municipalities.

Also set to expire, a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.

A bill backed by Mayor Bill de Blasio aimed at boosting the city's affordable - housing stock by lifting a state cap on the size of residential projects has suddenly gained steam in Albany and could be approved later this month, sources told The Post.

Every year, New York City officials rely on a stream of federally tax - exempt bonds to fund their affordable housing projects.

New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.

Though Brewer can't stop the project, the City Council is likely to share her concerns about new housing not being affordable enough and the city not doing enough to protect tenants from harassmCity Council is likely to share her concerns about new housing not being affordable enough and the city not doing enough to protect tenants from harassmcity not doing enough to protect tenants from harassment.

In New York City, the funding is used almost entirely for housing projects, and under a mayor who has promised to vastly expand the city's affordable housing stock by creating and preserving 200,000 units over a decade, that pattern was not going to chaCity, the funding is used almost entirely for housing projects, and under a mayor who has promised to vastly expand the city's affordable housing stock by creating and preserving 200,000 units over a decade, that pattern was not going to chacity's affordable housing stock by creating and preserving 200,000 units over a decade, that pattern was not going to change.

Amid some uncertainty about how the city would achieve Mayor Bill de Blasio's affordable - housing goals without the program known as 421 - a, and how developers would finance their projects, one thing seemed clear: The immediate prospects of Albany lawmakers restoring the program looked bleak.

City officials said they chose not to issue the bonds because the revenue from the market - rate apartments in the project is expected to finance the affordable housing units.

«I am thrilled to be providing $ 1.2 million from my capital funding budget towards the construction of 56 - unit - co-op project in Williamsbridge,» said Bronx Borough President Ruben Diaz Jr. «Creating affordable housing units for our residents is a top priority for my administration, and it is with a great pleasure that I welcome Habitat for Humanity New York City back to The Bronx and support their efforts to build affordable homes for our families.»

Through projects like Sydney House, and our new Open Door program, we will finance the construction of 1,300 new affordable homes as part of Housing New York 2.0, the Mayor's expanded and accelerated plan to create and preserve 300,000 affordable homes by 2026,» said New York City Department of Housing Preservation and Development Commissioner Maria Torres - Springer.

The mayor's simmering feud with Cuomo — the two have butted heads over everything from whether to mandate union contractors at affordable housing to how to deal with the city's homeless population — has delayed some projects, one real estate insider argued.

NRP also is the company that filed a civil suit against the mayor, alleging Brown engaged in a pay - to - play scheme that ended up killing NRP's $ 12 million affordable housing project in the city.

It accounted for half of the affordable housing projects in New York City over the last two years.

Also set to expire — a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.

LaLa Zannell, a transgender organizer with the New York City Anti-Violence Project, said, «All of us need to work together to address the root causes,» citing the lack of «access to shelter, affordable housing, jobs, and health care.»

Other community benefits not easily quantified like access to quality affordable housing, placing vacant and historic properties back into productive use, and providing job training and opportunities to unemployed and underemployed city residents have also been effectively addressed through SIDA's support of projects like Salina Crossing, Bankers Healthcare Group and the Hotel Syracuse, to name a few.

One goal of the rezoning would be to require at least 45 % affordable housing in new projects, through the city's Mandatory Inclusionary Housing Programhousing in new projects, through the city's Mandatory Inclusionary Housing ProgramHousing Program (MIH).

The mayor's Mandatory Inclusionary Housing initiative would require developers to build affordable housing if their projects benefit from city rezHousing initiative would require developers to build affordable housing if their projects benefit from city rezhousing if their projects benefit from city rezonings.