Sentences with phrase «more affordable units»

As to granny flats, ADU's, etc. that's one supposed solution to bring more affordable units onto the market, but the reality is different.

The reality, he added, is that more affordable units are likely to be in buildings with a greater share of renters.

By requiring municipalities to permit multifamily development in zoning districts suitable for such development, and by establishing a minimum density for those developments, housing production is increased and allows for more affordable units to be built.

Government programs such as Projek Perumahan 1Malaysia or PR1MA are being rolled out to create more affordable units in the market.

While talk of rent control measures came up during election campaign, the government, including Municipal Affairs Minister Deron Bilous, say that in the current market, where rent levels have been plateauing, it makes more sense to put resources into making more affordable units available.

AREA says it recognizes the value in building more affordable units, as opposed to implementing rent controls.

However we are noticing that smaller more affordable units tend to be increasing in demand during the current economic environment.

The mayor will push for construction of 160,000 new market - rate apartments in addition to more affordable units.

The de Blasio administration would not comment on how many more affordable units this would create or what the cost to the city in foregone taxes would be.

Orselli told me he would seek new language in the guidelines that would «leave the door open» for building more affordable units if government subsidies can be identified.

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.

The rejection of Sherman Plaza is viewed as a blow to Mayor Bill de Blasio's Mandatory Inclusionary Housing (MIH) vision for creating more affordable units citywide.

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.

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.

De Blasio has said he will set aside more affordable units for New Yorkers with very low and extremely low incomes.

This type of nuanced approach, although a little more effort, would be apt in meeting the goal of creating more affordable units, albeit in the right way.»

Surrounded by a phalanx of supportive fellow City Council members and activists from the Real Affordability for All coalition outside City Hall today, Council Member Costa Constantinides called for more affordable units in the proposed 8.7 - acre, 1,723 - unit Astoria Cove rezoning that reached the Council last week following its approval by the City Planning Commission.

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.

The reservation of 100 units of Tesla's all - electric truck represents the largest pre-order to date, a significant milestone for the Silicon Valley - based company who's looking to disrupt the commercial trucking industry with more affordable and environmentally conscious transportation.

The units are affordable for those earning no more than 60 percent of the area median income.

The plan makes housing accessible and combats homelessness by building or preserving more than 100,000 units of affordable housing — enough to house every resident in the City of Buffalo.

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.

Manhattan Borough President Gale Brewer said the city must make modifications to the plan to gain her support, such as the addition of «significantly more new affordable units,» a delay in the rezoning of the commercial district, and $ 7.5 in funding for anti-displacement programs.

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 more than 100,000 units of affordable housing and 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.

Under de Blasio, New York City is financing affordable housing at a breakneck pace, creating or preserving over 24,500 units last year — more than any year on record — spending $ 1.1 billion, the most ever by the city in a single year, according to City Hall officials.

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.

She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.

Based on his affordable housing credentials and his apparent commitment to getting more low and middle income units built in central Brooklyn, Mr. Williams won the endorsement of the Working Families Party, which will presumably wage an intensive street effort to get their man into office.

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.

Brooklyn - based Second Development Services offered the library $ 6 million more than did Hudson and 117 affordable units.

Alcántara said that if voted into Albany, she would push for more housing developments featuring 100 percent affordable units to help low - income residents.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

Last month, Cuomo launched a $ 20 billion, five - year plan to combat homelessness and advance the construction of affordable housing in New York State — supported by the release of $ 2.5 billion in capital funding delivered in the fiscal year 2018 budget, which he said will establish and preserve more than 110,000 units of affordable and 6,000 units of supportive housing over the next five years.

Any condo or co-op unit valued at more than $ 1.75 million would be subject to a new city «mansion tax,» the revenues of which would be dedicated to further affordable housing construction and preservation.

Since then, its work has expanded to 14 cities in upstate New York and Pennsylvania where more than 1,400 units of affordable housing and over $ 300 million in community investment have improved countless lives and neighborhoods.

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.

In a statement, the de Blasio campaign said, «Bill de Blasio has put forward the most comprehensive affordable housing plan of any candidate for Mayor — one that will create or preserve 200,000 units of affordable housing and require developers to build more permanent affordable units.

Bronx Borough President Ruben Diaz Jr. announced today that his office has allocated more than $ 7 million in capital funds for 10 housing developments across The Bronx, creating more than 1,500 new affordable units in neighborhoods across the borough.

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 centers.

Larizza is responsible for creating more than 250 affordable for sale and rental units throughout the 12 municipalities in Westchester County.

The prior two rounds created more than 600 units of affordable housing on 81 lots, according to HPD.

HCR is committed to collaborating with partners, and keeping homes affordable and communities strong by protecting one million rent - regulated units, managing a portfolio of more than 190,000 multifamily units and administering more than $ 1.5 billion each year to expand affordable housing opportunities and build strong communities throughout New York State.

Sanders also called on local governments to «demand more» from developers who receive government subsidies, saying affordable housing units should not return to market value rents after 10 to 20 years as is often done.

He pointed to his support of adding more affordable housing to the controversial Rheingold Brewery site and a state tax break for Knickerbocker Commons, 217 Wyckoff Ave., a new affordable building with 24 units.

Martins» legislation mandates that any developer receiving the 421 - a abatement would have to pay workers the prevailing wage for projects with more than 50 units where less that 50 percent of the units are priced as affordable.

The governor proposed several initiatives that brought his platform further left towards liberal issues that de Blasio has been championing — such as increasing the minimum wage to $ 15 per hour, mandating 12 weeks of paid family leave and offering up $ 20 billion over the next five years to address homelessness by providing 20,000 more supportive housing beds and 100,000 units of affordable housing.

I believe you can get more affordable housing units.