Sentences with phrase «few affordable housing units»

«We have very few affordable housing units for working families,» Herzig says.

That sort of a mandate is opposed by de Blasio and real estate executives who say it would mean far fewer affordable housing units would get built.

Not exact matches

Ms. Glen told the Council's Committee on Housing that several independent studies, including those done by Columbia University and the Citizens Budget Commission, showed that mandating real estate interests receiving the tax deduction to pay union rates would result in 30 percent fewer affordable units getting built.

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.

De Blasio's affordable housing plan allocates fewer units for the poorest households in the city than his predecessor, Mike Bloomberg's did, according to a new study — frustrating advocates who say they supported him because he promised to help the neediest.

Still, of the 165,000 units of affordable housing created or preserved under Mayor Bloomberg, fewer than 10,000 were allotted to older residents, according to a recent report from the Council of Senior Centers and Services.

That too few details have been provided about the creation of 694 units of affordable housing as part of the three projects.

Aides to the mayor said the changes to 421 - a could result in the creation of 24,000 affordable housing units over a decade — just 1,500 fewer than under their plan.

The effect, she said, is fewer and lower - quality affordable housing units.

The nonprofit housing group, which launched in the early 1980s, has provided almost 1,600 units of affordable rental housing and, on the home ownership side, given almost 1,000 families, many of them earning less than $ 20,000 a year, the chance to use their sweat equity rather than their few saved dollars to buy.

As a result of the lower corporate tax rate, over the next 10 years the LIHTC program will probably produce 235,000 fewer units of affordable housing, according to an analysis by Novogradac & Co., an accounting firm based in San Francisco.