Sentences with phrase «in affordable rental housing»

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 BronIn 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 Bronin the ass to get to» — Douglaston is building affordable housing for seniors, and the developer is also building affordable rentals in the Bronin 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 BAffordable 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 Baffordable 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 centerIn 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 centerin 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 NonHousing 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 Nonhousing, 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 rentalIn 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 rentalin 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 drawIn 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 drawin 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 coveragIn 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 coveragin 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.
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