Thirty years ago, the federal Low - Income Housing Tax Credit (LIHTC) program was established to serve as an incentive for private investment
in affordable rental housing.
→ encourage the construction of new rental housing by removing all GST on new capital investments
in affordable 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.
Investments
in affordable rental housing ($ 208 million over four years) and modular housing units for the homeless ($ 291 million over two years).
Not exact matches
Real estate developers are under pressure
in China to refurbish older properties for
rental purposes to ease a supply shortage
in the market for
affordable housing, says Peter Churchouse of Portwood Capital.
Increasing short - term corporate
rentals that go for above - market rent could make
affordable permanent
rental options
in a pressurized
housing market such as San Francisco's even more scarce.
In Staten Island — which is «still a pain in the ass to get to» — Douglaston is building affordable housing for seniors, and the developer is also building affordable rentals in the Bron
In Staten Island — which is «still a pain
in the ass to get to» — Douglaston is building affordable housing for seniors, and the developer is also building affordable rentals in the Bron
in the ass to get to» — Douglaston is building
affordable housing for seniors, and the developer is also building
affordable rentals in the Bron
in the Bronx.
This money would have gone a long way to address
housing affordability issues either through targeted investments
in new
affordable housing stock or perhaps through investments
in boosting
rental housing construction.
Housing prices were lower — and more
affordable, being brought back
in line with their actual
rental value.
«People and families are scrambling to find
affordable rental housing here
in Coquitlam and across the Lower Mainland, and they aren't getting any leadership from Christy Clark,» said Horgan.
«People and families are scrambling to find
affordable rental housing here
in...
New York City has a
rental control system designed to prevent the wealthy from exploiting the poor (with mixed results) and many other places
in the U.S. have
affordable housing system that creates some stock of
affordable priced, price controlled
housing at the expense of developer who want to sell market priced
housing.
New York State Homes and Community Renewal (HCR) joined Liberty
Affordable Housing, Inc., CRM Rental Management and residents to celebrate the completion of the total rehabilitation and modernization of 100 Chenango Place, 144 affordable homes seniors in the Broome County city of B
Affordable Housing, Inc., CRM
Rental Management and residents to celebrate the completion of the total rehabilitation and modernization of 100 Chenango Place, 144
affordable homes seniors in the Broome County city of B
affordable homes seniors
in the Broome County city of Binghamton.
The property, which was acquired by the Newburgh Community Land Bank
in 2013, was renovated by a local architect and now provides three families with
affordable rental housing.
With the tax break coming up for its four - year renewal
in Albany, the administration has rolled out a proposal that would end the GEA and require
affordable housing in rental buildings
in the program citywide, while eliminating the exemption for condominiums.
«So a neighbor is going to be able to go
in at very low cost, apply for a grant, rehab a property and maintain it as
affordable rental housing.
«It will result
in the production of substantially more
affordable rental housing that is critical to New York City's growth and future,» John Banks, president of the trade group, and chairman Rob Speyer said
in a joint statement.
Mr. de Blasio unveiled his own proposal for the tax credit, which would end the exclusion area and require
affordable housing in rental buildings
in the program citywide, while eliminating the exemption for condominiums.
In an effort to create more affordable housing options in Southold Town, the Town Board passed a local law last Tuesday that would permit up to six «moderate income» rental units near village center
In an effort to create more
affordable housing options
in Southold Town, the Town Board passed a local law last Tuesday that would permit up to six «moderate income» rental units near village center
in Southold Town, the Town Board passed a local law last Tuesday that would permit up to six «moderate income»
rental units near village centers.
HCR's Rural and Urban Community Investment Fund supports retail, commercial or community facility components of mixed - use
affordable housing developments
in urban and rural communities statewide, as well as supporting preservation of existing
affordable multi-family
rental housing in rural areas of the State.
It also includes $ 125 million
in credits to create and preserve
affordable rental properties
in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market
housing citywide.
The measure was seen as being squarely aimed at Airbnb, the popular online portal for short - term
rentals, while lawmakers
in favor of the bill insist it is meant to bolster and preserve
affordable housing in New York City.
Mount Vernon — The newly constructed La Porte Apartments located at 203 Gramatan Avenue is accepting applications for 159
affordable housing rental apartments
in the city of Mt. Vernon.
Schneiderman is now announcing another $ 4 million
in funding to help turn some abandoned properties into
affordable rental housing.
«This growing trend (of short - term
rentals) poses concerns for the City of New York —
in particular, for our
affordable housing stock and public safety,» the city's chief fiscal officer said
in testimony he plans to submit before the City Council on Tuesday at a high - profile hearing on home - sharing.
Southold Town's
Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Non
Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for
affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Non
housing, but is «holding out»
in case it's needed for a larger
rental unit development, according to commission chair Rona Smith and government liaison officer Denis Noncarrow.
Groups Urge Governor & Mayor to Negotiate New Agreement That Builds 15,000 Units of New Supportive
Housing, Sets Aside 15,000 Others
in New
Affordable Housing Developments / Existing
Rentals.
«The plan put forward by Mayor de Blasio will result
in the creation of much more
affordable and market rate, multi-family
rental housing in New York City,» Steven Spinola, president of the Real Estate Board of New York, said
in a statement.
«Until we have a smart, effective tax abatement program that incentivizes
affordable housing across market types, we'll see luxury condos being built
in the hottest neighborhoods instead of the
rental housing we so badly need,» spokesman Austin Finan said.
«
In the absence of 421a, there is an even more urgent need for all stakeholders to work together and create a program to produce
affordable rental housing for New York City.
In recent years, it's courted controversy from critics in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rental
In recent years, it's courted controversy from critics
in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rental
in New York, who say the site depletes the city's
affordable -
housing stock and encourages rapacious entrepreneurs to convert long - term
housing into more profitable short - term
rentals.
Twenty percent of the
rental units included
in the current design plan are considered
affordable housing, and a 750 - seat school is slated to be included
in the development.
Southold Town Supervisor Scott Russell is proposing to double the limits of the town's current zoning rules
in order to increase
affordable housing rental units across the North Fork.
«As we talk about developing
affordable housing in New York City,
rental buildings often dominate the conversation but we need more solutions to enable young families to put down roots and build equity,» said Council Member Andy King.
The city has $ 98 million
in contracts out with such building owners, who ironically are chipping away at the stock of
affordable rental housing by repurposing their buildings for temporary quarters for the city's homeless.
Creating a partnership between the City and developers to offer
affordable housing and / or
rentals to Syracuse Police Officers, incentivizing officers to live
in the community they work;
The funding, received through New York State's Regional Economic Development Council (REDC) Initiative, will assist the City
in transforming contaminated and inaccessible land into a vibrant mixed - use waterfront community featuring more than 5 acres of open space, market rate and
affordable rental housing, and retail.
Instead of large
affordable housing complexes residents had pushed back against
in the past, the supervisor also called for smaller
rental housing developments no larger than 25 units scattered around the North Fork.
Members of Brooklyn - based VOCAL - NY said the governor isn't doing enough to back up pledges made
in recent years to spend billions of dollars for
affordable housing, shelters and
rental subsidies.
It would extend the length of the abatements from 25 years to 35 years, mandate that all
rental projects receiving the subsidy include
affordable housing in their project and, like de Blasio's proposal, gives developers three options for affordability.
The fate of the bill was put
in their hands by Cuomo and legislative leaders after the governor insisted any deal had to include wage guarantees for labor - a position the governor still holds despite the fact that no deal has been reached and there are concerns about the development of
affordable rental housing in New York City.
State Attorney Eric Schneiderman was to announce late Friday morning a pilot program that will make available to land banks statewide $ 4 million for New Yorkers to take over «zombie homes»
in their neighborhoods and rehab them into
affordable rental housing.
In an interview with EdSource, Orfield noted that the racial isolation didn't occur by happenstance, but reflects residential segregation that has been shaped by explicit policies affecting where people live, such a whether communities allow affordable rental housing in their communities, as well as how school boundaries are draw
In an interview with EdSource, Orfield noted that the racial isolation didn't occur by happenstance, but reflects residential segregation that has been shaped by explicit policies affecting where people live, such a whether communities allow
affordable rental housing in their communities, as well as how school boundaries are draw
in their communities, as well as how school boundaries are drawn.
Arkansas has responded by promoting activities
in the state, such as economic development, homeownership, and
affordable rental housing.
Trudeau's plan includes a new, 10 - year investment
in social
housing, prioritizing
affordable housing and seniors» facilities (including building more units and refurbishing existing units) as well as removing all GST for developers of new
affordable rental housing projects.
By providing flexible, below market rate loans for
affordable housing and mixed - use and / or mixed - income projects, LHOP makes
housing for
rental and homeownership
affordable to low to moderate income families
in south central PA..
In Colorado, over a quarter of the housing available is in the form of multi-family rental housing Effective Coverage, The Insurance Experts for Renters, provides Colorado Renters Insurance policies that are affordable and offer broad coverag
In Colorado, over a quarter of the
housing available is
in the form of multi-family rental housing Effective Coverage, The Insurance Experts for Renters, provides Colorado Renters Insurance policies that are affordable and offer broad coverag
in the form of multi-family
rental housing Effective Coverage, The Insurance Experts for Renters, provides Colorado Renters Insurance policies that are
affordable and offer broad coverage.
Ontario will also establish a program to identify provincially owned surplus lands for
affordable and
rental housing, with an eye to using a few specific sites such as the West Don Lands
in Toronto for pilot projects.
Let me reiterate what I was trying to say
in the earlier blog: Considering that
housing is the number - one reason renters need to re-home their pets, and with
rental housing increasing and
affordable options decreasing, it ain't looking so good for renters with pets.
This
affordable holiday
rental house is situated
in a small laneway, directly off Jalan Laksmana, the central of life.