Sentences with phrase «construction of affordable housing»

New construction of affordable housing is likely to be challenged as developers would need to find new financing sources.

New construction of affordable housing is likely to be challenged as developers would need to find new financing sources, although an increasing number of developers wants to invest in affordable housing right now.

Multiple Assembly Democrats decried the tax credit as a lucrative giveaway to well - heeled developers while supporters say it will lead to the much needed construction of affordable housing in the city.

Multiple Assembly Democrats decried the tax credit as a lucrative giveaway to well - heeled developers, while supporters said it will lead to the much - needed construction of affordable housing in the city.

But Mr. de Blasio, with his heavy emphasis on maximizing construction of affordable housing, has so far resisted the push to increase the unionization rate on new building projects, having argued that such mandates would mean the creation of fewer below - market apartments.

Delays have plagued construction of affordable housing in East New York.

Below is a summary of earmarked funding, with a focus on new construction of affordable housing, which most concerns my work.

The market slowed down, he added, amid disagreement over New York state's 421 - a tax exemption for developers that would normally encourage the construction of affordable housing.

Last month, Cuomo launched a $ 20 billion, five - year plan to combat homelessness and advance the construction of affordable housing in New York State — supported by the release of $ 2.5 billion in capital funding delivered in the fiscal year 2018 budget, which he said will establish and preserve more than 110,000 units of affordable and 6,000 units of supportive housing over the next five years.

Aldrin Rafael Bonilla, the deputy Manhattan borough president for community and borough relations, denounced 421 - a because it does not guarantee the construction of affordable housing.

Finan, the mayoral spokesman, said in an email, «Finding the balance between good wages for workers and ensuring that the construction of affordable housing is economically feasible has been our sole guiding influence in prevailing wage discussions.»

«We supported the principle of prevailing wage,» said Hector Figueroa, president of SEIU Local 32 BJ, the building workers union, «but we always understood that in the construction of affordable housing units there had to be an understanding between the industry and the construction unions.»

Mr. de Blasio once again criticized Gov. Andrew M. Cuomo's proposal to replace 421 - a, the expired tax break program that encouraged the construction of affordable housing.

Mandatory Inclusionary Housing would require the construction of affordable housing for projects receiving city land or a subsidy.

Below is a summary of earmarked funding, with a focus on new construction of affordable housing, which most -LSB-...]

Successfully managed the construction of an affordable housing association, a large shopping center and a green - designed office complex.

The fund assists with the construction of affordable housing developments throughout the city.

Instead of paying the city directly, it funded 15 below - market - rate units in the apartment complex, guaranteeing the construction of affordable housing.