Sentences with phrase «more affordable housing projects»

«The building of more affordable housing projects in some markets could enable more first - timers to purchase,» says Dorris.

Not exact matches

In addition to material and labor being more affordable (provided you're willing to put some sweat equity into the project), houses can be built in stages and added on to as resources allow — certainly a better option than taking out an overwhelming mortgage and racking up hundreds of thousands of dollars worth of debt.
Senator Chris Jacobs said, «I would like to congratulate Regan Development on this stunning project that renovates an historic structure that will now provide more a affordable, high quality housing options for residents of the West Side of Buffalo.»
The St. Barnabas Wellness Care and Affordable Housing project, which will be developed by L+M Development Partners and Hornig Capital Partners, will create 314 affordable homes for low - income residents and incorporate more than 50,000 square feet of health and wellness space that includes a fitness area, an ambulatory care center, a pharmacy, and a teaching kitchen with produce grown on a rooftop farm; and offer comprehensive programs on smoking prevention, fitness, nutrition, stress reduction and liAffordable Housing project, which will be developed by L+M Development Partners and Hornig Capital Partners, will create 314 affordable homes for low - income residents and incorporate more than 50,000 square feet of health and wellness space that includes a fitness area, an ambulatory care center, a pharmacy, and a teaching kitchen with produce grown on a rooftop farm; and offer comprehensive programs on smoking prevention, fitness, nutrition, stress reduction and liaffordable homes for low - income residents and incorporate more than 50,000 square feet of health and wellness space that includes a fitness area, an ambulatory care center, a pharmacy, and a teaching kitchen with produce grown on a rooftop farm; and offer comprehensive programs on smoking prevention, fitness, nutrition, stress reduction and life skills.
The Sherman Plaza developers, Washington Square Partners and Acadia Realty Trust, need approval from the Council for the spot rezoning to include more affordable housing in the project, which would be the first in the city to be built under Mayor Bill de Blasio's Mandatory Inclusionary Housing (MIH) rezoninhousing in the project, which would be the first in the city to be built under Mayor Bill de Blasio's Mandatory Inclusionary Housing (MIH) rezoninHousing (MIH) rezoning plan.
For more than a year, the 421a abatement that saves developers big in taxes and creates some affordable housing has been unavailable for new development projects, following a sunset of the previous law in January of 2016.
More than a dozen dilapidated buildings have been demolished to make way for the project, part of the state's ongoing five - year, $ 20 billion plan to provide affordable housing across New York.
But when Mayor Bill de Blasio tried to get more affordable housing out of the deal — it looked like the project might fall apart.
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.
Kyle Kimball, a Bloomberg appointee and one of the few top city officials to survive the changeover from a mayor focused on skyline - altering development projects to one more intent on building affordable housing outside Manhattan, is stepping down as head of the Economic Development Corp..
Conifer Realty, which specializes in affordable housing projects across New York and four other states, was one of more than two dozen companies named in a broad subpoena served on Cuomo's office late last month, but exactly what is being examined remains uncertain.
Edward Ott, a labor expert at CUNY and former executive director of the New York City Central Labor Council, said that Building and Construction Trades Council of Greater New York's agreement may encourage more developers to hire union workers for affordable housing projects.
The mayor also defended Council Speaker Melissa Mark - Viverito's record on affordable housing when asked how ideologically in sync she is with him and whether he expects her to play more of a role in whipping support from members for such projects.
She says she also sees the plans to be passed by the City Council as a starting point and that she's received commitments from the mayor that agencies such as the Department of Housing Preservation and Development would invest «additional resources» to make projects more affordable.
2,600 Affordable Homes Constructed and Preserved in Monroe County Since 2011 and more than 700 in Progress Project Complements Finger Lakes Forward, Region's Successful Upstate Revitalization Initiative to Grow the Economy and Create New Opportunities Governor Andrew M. Cuomo today announced the completion of Stadium Estates, an $ 11 million, affordable housing development that is revitalizing Rochester's JOSANA neighborhood and creating 45 affordaAffordable Homes Constructed and Preserved in Monroe County Since 2011 and more than 700 in Progress Project Complements Finger Lakes Forward, Region's Successful Upstate Revitalization Initiative to Grow the Economy and Create New Opportunities Governor Andrew M. Cuomo today announced the completion of Stadium Estates, an $ 11 million, affordable housing development that is revitalizing Rochester's JOSANA neighborhood and creating 45 affordaaffordable housing development that is revitalizing Rochester's JOSANA neighborhood and creating 45 affordableaffordable homes.
On Tuesday, Grace pointed to several other affordable housing projects that did receive HDC financing as examples of the city's efforts to create more homes for low - income New Yorkers.
By Sean Ryan A fickle affordable - housing market is telling developers to find the right location or the tax credits that pay for projects will be worth little more than the paper they're printed on.
BROOKLYN HEIGHTS — The controversial Brooklyn Heights Library redevelopment is facing opposition from Borough President Eric Adams, who Wednesday released a slew of recommendations for the project, including more affordable housing and local school seats.
This is Almat's first step into the affordable housing arena, and we hope to bring more positive economic and social impact projects to the forefront in the future.»
The building project is the first individual project built under Mayor Bill de Blasio's controversial Mandatory Inclusionary Housing rezoning, which promised to change zoning rules in some neighborhoods to make way for more affordable units.
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.
Instead, Gates said, the city should build more housing in the transit - rich area while ensuring that a sufficient amount of it is affordable under Mandatory Inclusionary Housing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dhousing in the transit - rich area while ensuring that a sufficient amount of it is affordable under Mandatory Inclusionary Housing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dHousing (MIH) guidelines, which require affordable housing in any area or project that is upzoned to add housing dhousing in any area or project that is upzoned to add housing dhousing density.
Mr. de Blasio had feuded with the two real estate giants over his attempt to include more affordable housing in the project.
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.
Up - front financing for one or more of the following activities related to the production of affordable housing and mixed - income and / or mixed - use projects:
If each of these citizen - led initiatives could succeed in developing jus one new tiny housing project, in addition to projects being pursued by more traditional developers, we believe this would make a significant contribution to the broader world of affordable housing in Oregon and beyond.
Taking this portfolio - wide approach to reducing energy use has allowed the organization to save on upfront project costs, aggregate energy cost savings, and leverage savings to preserve more affordable housing.
Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger eAffordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger eaffordable housing seems to grow stronger every year.
Built to provide affordable housing, Taylor Homes was at one point the nation's biggest public housing project, consisting of 28 high - rise buildings of 16 stories each — with more than 4,400 units — that stretched for two miles.
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.
Despite a very tight state budget, REALTORS ® and their communities throughout Florida are walking away from the 2018 session of the Florida Legislature with several key victories: a $ 31 million cut to the Business Rent Tax, $ 110 million for affordable housing projects and more than $ 400 million for Florida's natural resources.
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