Sentences with phrase «fund affordable housing projects»

Every year, New York City officials rely on a stream of federally tax - exempt bonds to fund their affordable housing projects.

Investors can directly fund affordable housing projects for lower - income families and the homeless, by purchasing sustainable and green bonds.

Masonry Services Inc. and its owners James Herrera and Jaime Herrera — who have both donated to Diaz Jr. — agreed to pay $ 600,000 in back wages and costs after Attorney General Eric Schneiderman investigated them for cheating workers out of the same sum on a taxpayer - funded affordable housing project for seniors in Brooklyn.

Not exact matches

But the biggest change to the project was a requirement that the developer shift 30 percent of its proposed $ 17 million donation to the High Line Improvement Fund — roughly $ 5.1 million — to affordable housing projects in the neighborhood.

The Office of the Queens Borough President provides capital funding that can be used to fund large - scale projects, including but not limited to infrastructure improvements and affordable housing developments, and to purchase smaller - scale fixed assets, like computers, Smart - Boards for schools and meal delivery vehicles.

The Office of the Queens Borough President provides capital funding that can be used to fund large - scale projects, like infrastructure improvements, equipment, smaller scale fixed assets like computers, and affordable housing development projects.

«The City of Buffalo is pleased to continue its partnership with PUSH Buffalo by contributing funds that flow through the city for projects that provide safe and affordable housing options for members of our community,» said Mayor Byron W. Brown.

It might not be complete yet, but in the course of about a year and a half, a site on West Street in Utica looks completely different due to a state - funded project with a price tag of nearly $ 14 million; an affordable housing complex for the Rescue Mission of Utica.

«Over the last 20 years, Norstar, as an affordable housing developer, has applied for funding in competitive processes, both successfully and unsuccessfully, for numerous affordable housing projects,» Higgins said in a Saturday email.

«With so many state - funded projects at risk, The real impact is on thousands of low - and middle - income New Yorkers who may never see the new affordable housing they desperately need,» said Association President Jolie Milstein.

In New York City, the funding is used almost entirely for housing projects, and under a mayor who has promised to vastly expand the city's affordable housing stock by creating and preserving 200,000 units over a decade, that pattern was not going to change.

«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.»

These funds will support the creation of 2,331 new units of housing of all types across sixteen projects, keeping in line with Borough President Diaz's commitment to keep the borough's housing stock diverse and affordable.

The plan also rejects Cuomo's push, opposed by Mayor de Blasio, to require an obscure state board to sign off on all city affordable housing projects funded with tax - exempt bonds.

They further point out that there is a separate billion - dollar fund set aside to address services growing neighborhoods will need when the new housing projects are built and that there are additional city subsidies that will be used to build additional affordable housing.

We can't increase the general fund contributions to Affordable Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 milliAffordable Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.Housing Investment [AHIF] fast enough to support every compelling affordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 milliaffordable housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.housing project, when projects a decade ago required $ 5 or $ 6 million in gap financing and current projects need $ 20 million.»

My most recent project, Voices of Home can be found at vtaffordablehousing.org/voices (Supported by the Burlington Community Arts Fund Grant, CVOEOs fair housing, the Vermont Arts Council and in collaboration with Vermont Affordable Housing Coalhousing, the Vermont Arts Council and in collaboration with Vermont Affordable Housing CoalHousing Coalition).

Luckily, there are numerous funds that invest in renewable energy projects, affordable housing and other types of impact investments and you can find a partial list here.

From property taxes that supply revenue for schools, to state and local taxes that fund road and bridge improvements, water and sewer projects, local housing initiatives and environmental programs, to even royalty payments that can sustain family farms and businesses — oil and natural gas development generates local economic benefits well beyond producing affordable, reliable energy.

The Hindu reported that in the statement, «HDFC said it would also need capital to sponsor funds it has set up to invest in the equity and mezzanine debt of affordable housing projects, support capital requirements of its subsidiary companies as and when required and «capitalise on organic and inorganic growth opportunities in the affordable housing finance space».»

This campaign promotes the USGBC's green affordable housing philosophy through advocacy of smart policy changes and adoption of greener building practices by housing finance authorities, public housing authorities and the projects that the organization funds.

WNC, a national investor in community renewal and affordable housing projects, in partnership with USA Properties Fund, has announced the grand opening of Vintage at Snowberry Apartment Homes.

Funding for the project was provided through the federal - provincial Investment in Affordable Housing (IAH) agreement.

Although no city funds were available for the $ 23 million project, the developers were able to secure $ 1.1 million in affordable housing program funds from the Federal Home Loan Bank of San Francisco and an additional $ 1.5 million in infill infrastructure grant program funds from the California Department of Housing and Community Develhousing program funds from the Federal Home Loan Bank of San Francisco and an additional $ 1.5 million in infill infrastructure grant program funds from the California Department of Housing and Community DevelHousing and Community Development.

These bills tackle the housing crisis in a variety of ways, such as providing funding for subsidized affordable housing, making it harder for cities to block new projects and streamlining the approval process to help meet state housing goals, which have fallen behind.

Also pursuing certification under the Midrise category is a second, publicly funded project in Milan, which will provide 39 affordable housing units in two buildings.

I can tell you as an active fund manager in the nationwide preservation of affordable housing, the competition to acquire buildings most difficult to match is in the form of either investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.

The Budget also includes $ 10.8 billion for the Project - Based Rental Assistance program, which supports 12 months of funding for rental assistance contracts with public and private owners who maintain affordable rental housing for 1.2 million families, and $ 6.45 billion in operating and capital subsidies to preserve affordable public housing for 1.1 million families.