Sentences with phrase «include affordable units»

Arlington Heights» housing priorities through 2019 include creating more affordable senior housing and encouraging developers to include affordable units in new housing projects, according to a plan recently approved by village board members.

Critics long complained that the program only required developers to include affordable units if their buildings are in the «Geographic Exclusion Area» covering less that 17 percent of the five boroughs, and that it cost the city upwards of $ 1.1 billion in foregone revenues.

The developers wanted Silver — who wielded immense power in the lower house of the State Legislature — to extend a law giving tax breaks to developers of apartment buildings that include affordable units alongside luxury units.

De Blasio has called for an end to 421a abatements for condos and proposed that projects receiving the benefit should be required to include affordable units within the specific building.

Critics note that the current program only requires developers to include affordable units if their buildings are in the «Geographic Exclusion Area» covering less than 17 percent of the five boroughs, and that it costs the city upwards of $ 1.1 billion in foregone revenues.

Two real estate developers hired the law firm to represent them in tax challenge cases in return for Silver allegedly backing the renewal of state tax incentives for developers of large housing projects that include affordable units, according to federal charges.

Experts say the loss of 421 - a could also greatly hinder the mayor's recently - approved Mandatory Inclusionary Housing plan, which largely relied on the tax breaks to make it easier for developers to build housing that includes affordable units.

Not exact matches

Launched in 1973 as a plastic injection molder with six employees, Cascade Engineering has blossomed into a diversified manufacturer with 15 business units and a product line that includes waste containers, auto parts, and furniture components — and, more recently, wind turbines, solar panels, and affordable water filters for the developing world.

Budget 2018 - 19 commits $ 1.6 billion (both operating and capital) to housing investments over three years, including 19,000 affordable units, 5,000 new student housing beds at public post-secondary institutions, and 2,500 supportive housing units.

Mayor Bill de Blasio promised 200,000 affordable housing apartments, including 50,000 units for New Yorkers earning less than $ 40,000.

The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market - rate units for seniors and physically - handicapped persons.

Since 2011, in The Bronx HCR has financed 13,794 apartments in affordable multifamily developments — including 790 supportive units — with more than $ 982 million in HCR resources which have leveraged more than $ 3 billion in other private and public sources.

The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).

To date, the agency has developed 15 affordable housing programs across the country — with more than 950 units — which are home to underserved populations including veterans, survivors of domestic violence, people living with HIV, and the formerly homeless.

The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»

Other initiatives discussed from the Dec. 14th agenda included Brad Hoylman speaking about the negotiations in the NYS Senate regarding the IDC; Laurie Hardjowirigo gave the Voter Reform Committee Report; Nat Johnson gave the Environmental Committee Report by stressing what was learned at the December 4 Future of Renewable Energy Forum; Erik Coler of Affordable Housing recapped the year's achievements by saying this year 42 units had been re-stabilized and he was hoping next year to add 90 more.

The plan makes housing accessible and combats homelessness by building and preserving 112,000 units of affordable housing, including 6,000 of supportive housing.

The company, after negotiations with local Council Member Letitia James, agreed to include 90 affordable units, more than the usual 20 % allowance in such projects.

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.

The newly constructed complex, three separate properties utilizing state - of the art energy efficiency, consists of 77 affordable units, including 15 units for people with developmental disabilities.

Mr. de Blasio, in pursuit of his goal to build or preserve 200,000 units of affordable housing in a decade, wanted Albany to renew the tax credit but require all developers getting it to build affordable housing, no matter where their development was, and also wanted the program to include a mansion tax on sales of residences worth $ 1.75 million or more.

The 115 - unit housing project, operated by Concern for Independent Living, includes supportive services for homeless adults with psychiatric disabilities, along with affordable housing for -LSB-...]

These programs will aggregate sites to develop affordable housing, including one - to four - family homeownership opportunities and up to 20 - unit rental buildings.

In 2014, HCR set an agency record by financing the creation or preservation of 9,363 affordable housing units, including affordable homeownership opportunities for more than one thousand families.

New big - ticket items include a $ 1.9 billion subsidy to make 10,000 units in the mayor's affordable - housing plan even cheaper, $ 300 million to renovate homeless shelters and $ 355 million for facade repairs at city public - housing developments.

Some of Dinkins» accomplishments include creating the city's Economic Development Corporation, launching the «Safe City, Safe Streets» initiative, which many credit with putting New York City on the path toward its recent record crime lows and building many units of affordable housing.

Critics today, including members of the de Blasio administration and some developers, say that the current program often stimulates luxury housing more than affordable units.

The Farmhouse will include a new indoor and outdoor training space, a teaching kitchen, a resource library, improved cold storage, two affordable housing units, and offices, all located at MAP's urban farm at 387 Massachusetts Avenue.

The Budget includes $ 2.5 billion in funding to advance the creation or preservation of 100,000 affordable and 6,000 supportive housing units.

Highlights in this year's capital budget include $ 500,000 to New Destiny Housing to build units for survivors of domestic violence and $ 750,000 for Second Farms Affordable Housing, a project focused on finding quality housing for the formerly homeless in partnership with Catholic Charities.

Located at 260 West 153rd Street in Manhattan, this new seven - story development is named in honor of the current Chairman of HCCI and includes 50 units of affordable housing, an onsite daycare center, and new community service office for HCCI.

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

Reyna, an advocate for affordable housing, recently pushed an agreement with Rheingold Brewery developer Read Property Group to include «permanently affordable» housing units in the Bushwick building.

A joint venture between L+M Development Partners, BFC Partners and Taconic Investment Partners is spearheading the 1.65 - million - square - foot project, which will include 1,000 units of housing, half of which will be affordable.

Only one CPC member, Michelle de la Uz, voted against the plan, echoing concerns from activists, local elected officials and residents that the armory will not include enough affordable units.

The on - topic and off - topic questions in the Q&A portion of the press conference included: the project status when de Blasio took office and how his approach to affordable housing differs from Mayor Bloomberg, whether there are any differences in Phase I of the project as being initiated now versus as approved by the Bloomberg administration, what he sees as a realistic percentage of units being «affordable» in projects located closer to or in Manhattan, whether he counts this project towards his goal of 200,000 affordable units, the NYPD officer recently arrested in India, the status of speed camera approvals from Albany, the FOIL delays and responses which did not produce any emails or documents in the Findlayter case, the NYPD / FDNY hockey brawl, Queens Library President Thomas Galante and the newly elected leadership of NYSUT (the state teachers union).

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.

If built, the Family Community Life Center — a mixed - use project that has been in the planning stages for more than 25 years — would include an Olympic - size indoor swimming pool, a 25 - seat theater and media center, 24 - hour day care facilities, an indoor walking track, gymnasium, fitness center, classroom space, and 132 affordable apartment units intended as «workforce housing» for the area.

The program also played into what de Blasio considers his biggest success yet in forcing developers to include affordable housing; the 1,723 - unit Astoria Cove project along the Queens waterfront, where 27 percent of the units are to be available at below market - rate rents.

Cuomo announced he will advance legislation codifying into state law an agreement between organized labor and developers on a lucrative tax incentive program for developments that include a certain percentage of affordable units in New York City.

The project has faced significant opposition from residents who believe that new development should include 100 % affordable units, meaning those with rental caps based on income.

The 20,000 - plus, which includes both new and preserved units, is a big first step toward the de Blasio administration's plan to build 80,000 entirely new affordable units and preserve another 120,000 over the next ten years.

MIH is one of the mechanisms the city utilizes to advance its plan to build or preserve 200,000 affordable housing units over the next decade; it allows developers to build taller buildings than existing regulations allow if they include affordable housing.

Half of the units were slated to be affordable under the deal struck between with developers that included city subsidies, according to Politco New York.

Mayor Bill de Blasio wants to tweak the program to require developers to include more affordable units — a proposal that's been criticized by Gov. Andrew Cuomo.

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 housing.

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

New York City Mayor Bill de Blasio wants to tweak the program to require developers to include more affordable units — a proposal that's been criticized by Cuomo.

Assemblywoman Crystal Peoples - Stokes said: Bellamy Commons is an adaptive reuse win - win for its tenants and the surrounding community as it includes 30 units of affordable rental housing, a museum, and the local offices of the NAACP.

More about his affordable housing plan: Mayor Bill de Blasio promised 200,000 affordable housing apartments, including 50,000 units for New Yorkers earning less than $ 40,000.