Sentences with phrase «for affordable housing construction»

This $ 20,000,000 proposal will inject some much needed cash into projects that will focus on bringing the necessary infrastructure and laying the groundwork for affordable housing construction in several areas.
Oster said Cuomo talked about a variety of subjects, including a stalled deal between Cuomo and legislative leaders over the release of $ 2 billion in funds for affordable housing construction.

Not exact matches

In 2016, her team financed the construction and rehabilitation of 14,000 affordable housing units for low - income families and seniors in over 90 US cities.
This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services.
PNC combines Low Income Housing Tax Credit (LIHTC) capital with affordable housing debt solutions to deliver a seamless financing package for the construction or redevelopment of affordable hHousing Tax Credit (LIHTC) capital with affordable housing debt solutions to deliver a seamless financing package for the construction or redevelopment of affordable hhousing debt solutions to deliver a seamless financing package for the construction or redevelopment of affordable housinghousing.
Our comprehensive array of capabilities includes acquisition, construction and permanent financing for public and private developers and investors; agency financing for multifamily and seniors housing properties; and debt and equity capital for the affordable housing industry.
The Prime Minister's announcement for social and affordable housing, outlined yesterday in the government's Building Britain's Future, confirms the expectation that the government will miss its own target from the 2007 Housing Green Paper, according to the Construction Products Assochousing, outlined yesterday in the government's Building Britain's Future, confirms the expectation that the government will miss its own target from the 2007 Housing Green Paper, according to the Construction Products AssocHousing Green Paper, according to the Construction Products Association.
At 11:30 a.m., low - wage tenants and workers and members of Real Affordability for All and building and construction unions call for real affordable housing and good union jobs from NYC Mayor Bill de Blasio, City Hall Park, near Broadway and Park Place, Manhattan.
Not to be outdone, a spokesperson for the mayor shot back, «If 421 - a is simply extended as is, as some are seeking up in Albany, there will be no prevailing wage construction jobs, far fewer building service workers making prevailing wage and no progress on affordable housing for tens of thousands in desperate need.
At the same time, Cuomo distanced himself from the mayor's push to expand affordable housing opportunities under the 421a tax abatement extension, frequently citing the AFL - CIO's concerns about the lack of a prevailing wage provision for the construction sector.
Governor Andrew M. Cuomo today announced $ 20 million is available for the construction of new affordable housing units damaged by Superstorm Sandy, Hurricane Irene or Tropical Storm Lee.
Much of the audience at the hearing wore the orange t - shirts of UP4NYC, a building trades union group formed to oppose Mr. de Blasio's proposal to reform 421a to expand the requirements for affordable housing, but not mandate prevailing wages for construction workers.
Whatever program comes next to spur affordable housing in 421a's wake, Gary LaBarbera, president of the Building and Construction Trades Council, said he'd keep pushing for better pay for constructConstruction Trades Council, said he'd keep pushing for better pay for constructionconstruction workers.
MJM Construction's website is no longer online, but an archived version described their plans for the property: a 91 - unit «affordable housing complex» in a seven - story elevator building.
He approved of the inclusion of most of de Blasio's legislative proposals for the extension of the 421 - a construction program for affordable housing, along with the extension of the property tax cap and the property tax rebate program.
With the strong support of County Legislators Sheila Marcotte and Jim Maisano, the Westchester County Board of Legislators has voted unanimously to provide $ 1,190,000 in funding for the construction of new affordable housing called Heritage Homes in New Rochelle.
Developers argue the tax break is necessary for the city to build affordable housing and meet Mr. de Blasio's ambitious construction goals, especially as the cost of land skyrockets.
May 5, 2016 - New York State Homes and Community Renewal (HCR) Commissioner James S. Rubin today announced the start of construction for the Joseph L. Allen Apartments, a new $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhood.
Strong believes changing the scaffolding law (Section 240) would allow for more construction and development savings, which would lead to more affordable housing opportunity through the Bronx.
If 421a is simply extended as - is, as some are seeking up in Albany, there will be no prevailing wage construction jobs, far fewer building service workers making prevailing wage and no progress on affordable housing for tens of thousands in desperate need.
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.»
New York City Mayor Bill de Blasio sought to expand affordable housing in a 421a tax abatement renewal, but did not include a prevailing wage component for the construction industry, though a service industry prevailing was included.
Manhattan became the third borough to reject de Blasio's ambitious zoning plans for the construction of more affordable housing.
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.
Their request is not new A «memorandum of understanding» that set aside $ 2 billion for the construction of supportive and affordable housing was agreed to in principle by the governor and legislative leaders last year, but all parties have yet to put their signatures on that MOU, meaning the bulk of the money hasn't been released.
In a letter to union leaders, affordable housing developers proposed opening discussions on a plan that would see some organized construction workers accept lower wages for work on below - market rate housing.
The de Blasio administration's «Mandatory Inclusionary Housing» program would require some new construction to include permanently affordable housing, and their «Zoning for Quality and Affordability» would eliminate parking requirements and increase building heights, among other changes, with the goal of making it easier to build affordable units and senior hHousing» program would require some new construction to include permanently affordable housing, and their «Zoning for Quality and Affordability» would eliminate parking requirements and increase building heights, among other changes, with the goal of making it easier to build affordable units and senior hhousing, and their «Zoning for Quality and Affordability» would eliminate parking requirements and increase building heights, among other changes, with the goal of making it easier to build affordable units and senior housinghousing.
«We need MIH,» said Paul Muhammad of the Coalition for Community Advancement, an East New York group opposed to the neighborhood's rezoning, referring to Mandatory Inclusionary Housing which would mandate some affordable housing in new construction of areas being rezoned, «but in a much more affordable level for the people who live there.Housing which would mandate some affordable housing in new construction of areas being rezoned, «but in a much more affordable level for the people who live there.housing in new construction of areas being rezoned, «but in a much more affordable level for the people who live there.»
He said the town was working on a new model for affordable housing — getting away from high - density construction to put it in the least affordable areas where labor is at highest demand, for the most part east of the Shinnecock Canal.
Instead, the tax benefits would only go to rental construction, and provisions that allow buildings to have a separate entrance for affordable housing tenants — the so - called «poor door» — would be eliminated.
October 18, 2016 — HELP USA and Buffalo Mayor Byron Brown, today were joined by New York State Homes and Community Renewal (HCR) and the Office of Temporary Disability Assistance (OTDA), and partners to announce construction of 47 units of affordable housing for low income families and formerly homeless veterans in Buffalo.
Ms. Barron also noted that her husband, despite being relegated near the bottom of the list when it comes to discretionary money doled out to the district from the speaker's office, secured funds for park renovations, school constructions and affordable housing.
«We are committed to working with stakeholders to fashion a program that will produce the affordable housing throughout New York City that is so desperately needed, ensures construction workers are treated fairly and creates job opportunities for City residents.»
There is no time to wait,» warned Jolie Milstein, CEO of the New York State Association for Affordable Housing, a coalition of developers that specialize in subsidized construction.
But today, the mayor insisted his administration was either currently building affordable housing on many of those properties or would do so soon — but that many others just aren't suited for residential construction.
Brooklyn, NY — October 6, 2016 — Today, the U.S. Department of Housing and Urban Development (HUD) and the New York State Homes and Community Renewal (HCR) joined residents and development partners MDG Design + Construction (MDG), Hudson Valley Property Group (HVPG), and Marien - Heim Tower Associates LP to celebrate the renovation of Marien - Heim Tower, a 181 - unit affordable development for low - income seniors aged 62 and older.
NYC Mayor Bill de Blasio said he's fine with the state subsidizing higher wages for construction workers who build affordable housing in the five boroughs — as long as it doesn't impact the city's bottom line.
Officials said they do not currently have a timeline for the rest of the construction, including a proposed school and affordable housing units.
The agency is responsible for giving away $ 76 million in cash and making sure Columbia delivers $ 30 million for construction of a new K - 8 school in conjunction with Teachers College, $ 20 million for an affordable housing fund and $ 20 million in in - kind benefits.
«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.»
Renews for five years the 421a tax break to promote both middle - class and «affordable housing» construction in the city.
The City Council passed both Mandatory Inclusionary Housing, which would rezone certain neighborhoods and require some new construction to include affordable housing, and Zoning for Quality and Affordability, which would raise building heights and ease parking requirements to make it easier to build senior and affordable hHousing, which would rezone certain neighborhoods and require some new construction to include affordable housing, and Zoning for Quality and Affordability, which would raise building heights and ease parking requirements to make it easier to build senior and affordable hhousing, and Zoning for Quality and Affordability, which would raise building heights and ease parking requirements to make it easier to build senior and affordable housinghousing.
Hartzog touted the city's «targeted, prudent investments» in the new budget, including the expansion of pre-kindergarten for more three - year - olds in the city, efforts to increase the city's affordable housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among others.
He also pointed to the 14 rezonings that have taken place in different parts of the Bronx during his six year tenure, which he argued had allowed for the construction of new affordable housing for people making both less and more than the range of incomes prescribed in the mayor's plan.
The two proposals — Mandatory Inclusionary Housing, which requires affordable housing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituHousing, which requires affordable housing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituhousing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituhousing — have come under fire from an array of constituencies.
The borough president will also tackle de Blasio's Mandatory Inclusionary Housing proposal, which would require new construction in parts of the city to include affordable housing, and his Zoning for Quality and Affordability proposal, which is meant to make building affordable senior housing easier by relaxing parking requirements and increasing building hHousing proposal, which would require new construction in parts of the city to include affordable housing, and his Zoning for Quality and Affordability proposal, which is meant to make building affordable senior housing easier by relaxing parking requirements and increasing building hhousing, and his Zoning for Quality and Affordability proposal, which is meant to make building affordable senior housing easier by relaxing parking requirements and increasing building hhousing easier by relaxing parking requirements and increasing building heights.
The billionaires who control New York City real estate want to revive expensive taxpayer subsidies for the construction of luxury housing in the hottest real estate market in the world — and they don't want requirements for affordable housing.
About $ 60 million of the $ 85 million the city has received for affordable housing from the stimulus package will go toward the construction of 739 units at three developments in East Harlem and one in East New York, Brooklyn.
Klein presented policy proposals to preserve the nation's largest housing stock and increase the funding and construction of new affordable housing units for middle - income and low - income New Yorkers.
Apart from REBNY and NAACP, that coalition includes the advocacy groups One Hundred Black Men and Public Housing Communities, and the developer groups New York State Association for Affordable Housing, New York Construction Alliance and the Associated Builders and Contractors Empire State Chapter.
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