In February, the de Blasio administration targeted the Bay Street Corridor in Stapleton as one of six neighborhoods in the city that could be rezoned for residential housing, in exchange for
including affordable housing units.
Not exact matches
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.
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.
Mayor Bill de Blasio promised 200,000
affordable housing apartments,
including 50,000
units for New Yorkers earning less than $ 40,000.
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.
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.
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.
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 Cha
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 Cha
Housing, a project focused on finding quality
housing for the formerly homeless in partnership with Catholic Cha
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.
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.
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.
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 h
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 h
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
housinghousing.
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.
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.
Officials said they do not currently have a timeline for the rest of the construction,
including a proposed school and
affordable housing units.
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.
Among his primary budget items: a $ 20
housing plan — which
included $ 10 billion to build 100,000
units of
affordable housing and $ 10 billion for
housing for the homeless — and also a proposal to spend $ 22 on fixing roads and bridges.
He also recommended that the building have more permanent
affordable housing — beyond the 166
units of
affordable apartments
included in the current plan — and suggested some
units be set aside for formerly homeless families.
The mayor has declared the plan on time and within budget and earlier this year he also announced an additional $ 1.9 billion investment to create 10,000 more
affordable housing for low - income earners,
including 5,000 more dedicated senior
housing units, for a total of 15,000 senior
units under the plan.
His duties in that job were varied,
including coordinating he town's
affordable housing program, particularly the development of the The Cottages at Mattituck, a 22 - unit project built by the Long Island Housing Partn
housing program, particularly the development of the The Cottages at Mattituck, a 22 -
unit project built by the Long Island
Housing Partn
Housing Partnership.
The $ 3.338 million allows local development organizations to rehabilitate
units while maintaining low rents for longtime locals — many of whom make between $ 25,000 to $ 45,000 a year, according to Ismene Speliotis, executive director of the Mutual
Housing Association of New York, which owns and manages 526
affordable apartment in neighborhoods
including Crown Heights, Bushwick, Brownsville and East New York.
Under de Blasio's Mandatory Inclusionary
Housing zoning plan, new construction would have to include a certain number of permanently affordable housing
Housing zoning plan, new construction would have to
include a certain number of permanently
affordable housinghousing units.
Indeed, the proposal predicts creating 15,000 new
affordable housing units would cost about $ 3.83 billion, including about $ 1.875 billion in city subsidies, through the Department of Housing Preservation and Development
housing units would cost about $ 3.83 billion,
including about $ 1.875 billion in city subsidies, through the Department of
Housing Preservation and Development
Housing Preservation and Development (HPD).
MIH would require new developments to
include housing units that are permanently
affordable, while ZQA would allow developers to increase the heights of buildings and reduce parking requirements to help encourage construction of
affordable and senior
housing.
The state will also have a goal of making 500,000 new homes more energy efficient,
including state - owned
affordable housing units.
The proposal from Hudson Companies
included a larger library, more
affordable housing units and an earlier construction timeline than other bidders» proposals, according to the mayor's office.
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
Housing plan, which largely relied on the tax breaks to make it easier for developers to build
housing that includes affordable
housing that
includes affordable units.
Community Board 3 unanimously approved the plan — which
includes a 50 - 50 split between market - rate and
affordable housing for the approximately 1,000
units to be built on the site — after spending the last two - and - a-half years crafting a final plan.
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.
The board wants half of the
units to be
affordable, for there to be senior
housing included and for the height to be reduced.
Cuomo's office said his efforts to address the state's homeless problem are the most ambitious ever,
including an
affordable housing plan that has committed funding for 2,500
units, and remains on track to create 6,000
units over five years.
Members said the rezoning plan is the first that has come before the community board since the approval of the city's Mandatory Inclusionary
Housing plan, which requires developers to
include a portion of
affordable units in some new construction.
A waterfront - altering redevelopment of the Domino Sugar refinery in Williamsburg, Brooklyn, is poised to be approved by the city this week after the de Blasio administration struck a deal Monday to
include more
affordable housing units in the project.