Sentences with phrase «encourage affordable development»

Fannie and Freddie are aware of the affordability issues and are trying to come up with incentives to encourage affordable development.

But in growing recognition that the benefits of transit access often don't accrue to low - income riders, two agencies are testing strategies to encourage affordable development near transit.

As part of the plan to encourage affordable development, the city also plans to initiate at least 10 new rezonings in the coming years.

Not exact matches

Association for Neighborhood & Housing Development, a housing advocacy group, said the tax break doesn't go far enough to encourage the creation of affordable housing.

«The offset to the natural market - driven forces of gentrification is aggressive public policies that encourage the private - sector development of affordable housing, said Gill.

The tax break, which advocates say hastens the creation of affordable housing and encourages residential development at a time when it's desperately needed, cost the city about $ 1.1 billion in foregone tax revenue in 2013, according to the New York City Independent Budget Office.

The Government has accepted the vast majority of its recommendations which, when implemented, will encourage the development of affordable housing and associated services in rural areas.

Southold Town Supervisor Scott Russell said Thursday he will propose legislation this year to encourage affordable housing development by allowing apartments in commercial properties.

The number of apartments allowed to be built on a one - acre property doubled from 6 per acre to 12 per acre — with a 24 unit cap on each development — last year when the Town Board approved Mr. Russell's proposed code change aimed at encouraging affordable housing.

Cuomo, in fact, scored points with real estate players by extending the 421 - a tax abatement bill that encourages affordable housing development, but also controversially benefited luxury projects such as Extell Developmedevelopment, but also controversially benefited luxury projects such as Extell DevelopmentDevelopment's One57.

«The administration has made it clear that their ambitious affordable housing program will include a menu of options that will encourage new development on a neighborhood by neighborhood basis, recognizing the economics of different parts of the city will vary by location,» Mr. Spinola said.

MIH would require new developments to include housing units that are permanently affordable, while ZQA would allow developers to increase the heights of buildings and reduce parking requirements to help encourage construction of affordable and senior housing.

The East New York rezoning proposal includes amendments that mandate or require affordable housing and encourage mixed - use developments on corridors like Fulton Street and Pitkin Avenue.

Changes to ZQA, the more controversial plan to eliminate parking requirements and increase height limits to encourage senior and affordable housing developments as well as better - designed retail space, include:

(Sec. 297) Amends the Cranston - Gonzalez National Affordable Housing Act to require state and local housing strategies to describe the jurisdiction's strategies to encourage sustainable development for affordable housing and the jurisdiction's efforts to coordinate its housing strategy with its transportation planning strategies to ensure that residents of affordable housing have access to public transAffordable Housing Act to require state and local housing strategies to describe the jurisdiction's strategies to encourage sustainable development for affordable housing and the jurisdiction's efforts to coordinate its housing strategy with its transportation planning strategies to ensure that residents of affordable housing have access to public transaffordable housing and the jurisdiction's efforts to coordinate its housing strategy with its transportation planning strategies to ensure that residents of affordable housing have access to public transaffordable housing have access to public transportation.

A thought leader in smart growth, national infrastructure, «green» building and affordable housing movements, Jonathan F.P. Rose chairs the Metropolitan Transportation Authority's Blue Ribbon Panel Sustainability Commission, which recently released its groundbreaking incentive program to encourage transit - oriented development in communities served by the MTA.

Among other aspects, the initiative aims to encourage the development of «Supportive Housing» which combines affordable housing with support services for issues such as mental health and addiction.

Sponsored by Reps. Dennis Ross (R - FL) and Patrick Murphy (D - FL), the bill encourages the development of private market options where property owners lack access to affordable coverage under the National Flood Insurance Program (NFIP).

We encourage the removal of policy and program disincentives that inhibit owner participation in the development of new rental housing or the preservation of existing safe and affordable rental housing.

The program was inspired by the U.S. Department of Housing and Urban Development's Affordable Housing Design Advisor (www.designadvisor.org), which encourages and facilitates good design in affordablAffordable Housing Design Advisor (www.designadvisor.org), which encourages and facilitates good design in affordableaffordable housing.

The agreement includes a new requirement for the City of Houston to adopt «multifamily priorities and a policy for objectively evaluating federally supported affordable housing developments in all areas of Houston; to seek to invest additional funds in homeless assistance programs, and; to encourage more landlord participation in Houston's housing voucher program».

Among the hurry - up land assembly initiatives is a residential project with some affordable housing and a brownfield on which the city hopes to encourage development.