Sentences with phrase «construction of rental housing»

Meanwhile, both the Liberals and the NDP have floated the idea of tax breaks to encourage construction of rental housing, which might take some pressure off house prices.
The LIHTC program — which allocates around $ 35 million to New York per year in credits for the rehabilitation or construction of rental housing for the poor — is particularly crucial, housing advocates say.
Eligible set - aside activities include: acquisition and / or rehab of rental housing; new construction of rental housing; acquisition and / or rehabilitation of homebuyer properties; new construction of homebuyer properties; and, direct financial assistance to purchasers of HOME - assisted housing sponsored or developed by a CHDO with HOME funds.
Construction of rental housing on Long Island came to a near standstill in the 1980s and 1990s and more than 22,000 rental units were converted to for - sale housing, according to the Long Island Index, a research study compiled by nonprofit the Rauch Foundation.

Not exact matches

The Liberal platform also promised a number of new tax expenditures, including the Teacher's Tax Benefit, the Building Trades Equipment Tax Benefit, and the GST rebate for new rental housing construction ($ 760 million over four years).
New Democrats are calling on the Christy Clark government to take a first step towards improving the affordability and availability of rental housing by updating the Residential Tenancy Act and pursuing innovative federal - provincial - municipal cooperation to spur new rental construction.
It will involve the new construction of 11 buildings and the rehabilitation of 14 existing one and two - family houses to create a total of 49 units of affordable rental housing for low income individuals and families.
There will also be tax breaks — including the removal of the GST on new capital investments — to encourage the construction of new rental housing.
Liberals: Start a new, 10 - year investment in social housing infrastructure, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units); encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing; loosening the existing qualification rules for the Home Buyers» Plan to allow more Canadians affected by sudden and significant life changes to access their RRSP savings for a down payment; review escalating home prices in high - priced markets, including Toronto and Vancouver, and review all policy tools that could keep homeownership within reach for more Canadians.
→ encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing
Further, much of America's rental housing is of wood frame construction.
As these condos in the construction pipeline are completed, this inventory of units will be dumped on to the rental and / or re-sale market just as sales momentum and housing demand ebbs.
With that money, Seattle will fund emergency rental assistance, loans to first - time home buyers and the construction of housing units that must remain affordable for at least 50 years.
«Sufficient rental demand will enable property managers to lift rents in virtually every major and secondary metro nationwide, except for the most heated housing markets and in markets where apartment construction is robust,» says Steve Hovland, director of research at HomeUnion, an online real estate investment management firm.
No rental for you to live in while building but a spot to do so and guidance through the design and construction of your Tiny House.
Finally, the federal budget includes a $ 208.3 million Affordable Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over five Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fiveHousing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fiveHousing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fivehousing rental units over five rental units over five years.
This article discusses the recent tax bill cleared by Congress, which makes the Low - Income Housing Tax Credit more generous and easier to finance the construction of affordable rental hHousing Tax Credit more generous and easier to finance the construction of affordable rental housinghousing.
There's a wide selection of housing, from new construction apartments to single - family rentals with historic charm.
Coordinated construction documents for renovation and additions of Tamiami Automotive Dealership, Claude Pepper Monument at Bay front Park, Greeter's Lobby Concourse «B» and Code Search for Building 16 at Miami Int» l Airport, Churrascos Steak House at Juno Beach, Florida and Alamo Rental Car Maintenance Shop in Miami, Florida, design development for Fire Station Proposal and Everglades Farm workers Village at Homestead, Florida (childcare, shopping Center and Residential Development).
If i purchase a new construction as investment and put in service for rental, upgrades on top of the base price of the House (As sold by builder), can I deduct it on year 1?
The proposed cuts to public housing and rental assistance programs compound the impact on developments seeking to serve the lowest income households,» says Steve LeClere, J.D., senior manager of the Tidwell Group, an accounting and consulting firm that specializes in affordable housing, construction and real estate.
Similarly, our Future Rental Availability Index found that new housing construction's inability to keep up with D.C. population growth will leave that market with a unit shortage of close to 60,000, causing D.C. to rank fifth in the country on that index.
The SOMA tracks completions and market absorption (units rented or sold after construction of the property is complete) for multifamily rental and for - sale housing in 5 + unit properties.
The report, «America's Rental Housing: Evolving Markets and Needs,» edited by Marcia Fernald, examines the demographics of those who rent, the housing stock and its condition, construction trends and public - policy challenges now and in the Housing: Evolving Markets and Needs,» edited by Marcia Fernald, examines the demographics of those who rent, the housing stock and its condition, construction trends and public - policy challenges now and in the housing stock and its condition, construction trends and public - policy challenges now and in the future.
Don is a full - time, active real estate investor, coach and trainer who had done all types of real estate deals such as wholesaling, creative financing on pretty house deals, rehabbing and retailing, rentals, short sales, foreclosures, new construction, private lending and much, much more.
The index provides a composite measure of three key elements of the multifamily housing market: construction of low - rent units, market - rate rental units and «for - sale» units, or condominiums.
Despite the construction of new units, the available rental housing stock has decreased, revealing a need for more attractive and accessible rental housing units, it says.
Manufactured homes serve many housing needs in a wide range of communities — from rural areas where housing alternatives (rental or purchase) are few and construction labor is scarce and / or costly, to higher - cost metropolitan areas.
On the strength of the surge in rental demand, rental vacancies have fallen, rents have climbed, and construction of new rental housing has picked up sharply, giving an important spur to the struggling residential construction market.
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