Sentences with phrase «new affordable housing»

Only a portion of the above funding money would go to construction of new affordable housing units.

It would build over 2000 new affordable housing units, open new health care facilities create new parks and open new farmers markets.

What will these changes mean for new affordable housing in the province?

If they're going to build new affordable housing with taxes raised that's one thing.

Leaders are crafting messages to get the business community more involved in actively supporting new affordable housing developments.

I've made a commitment to focus on new affordable housing projects that provide safe, quality living environments for families.

Finding new affordable housing options, or transforming existing homes for this aging generation is crucial.

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.

They don't need political calculations and bureaucratic delays — they need new affordable housing.

Hundreds of residents and community leaders called on the city to build new affordable housing.

Martin Dunn, who built the Livonia Commons development in East New York, said that in addition to the site creating new affordable housing for the community, the project also hired locally — a key concern for many community advocates seeking neighborhood economic development.

Boston affordable housing partner Jeff Sacks and Manchester commercial litigation associate Chris Minue were included in this article which focuses on a legal battle to bring new affordable housing units to the city of Newton, a suburb of Boston.

Barely making ends meet on a fixed income and facing a rent increase he didn't think he could afford, Terry Vaughn remembered the day he heard about new affordable housing coming to North Park.

In a blow to Mayor de Blasio's housing plan, a key City Councilman announced he would oppose the first private project proposed under new affordable housing rules.

«We must create new affordable housing if we are going to relieve the heavy demand that is driving up East New York rents,» she said.

Cuomo said the new program would create 2,500 units of new affordable housing per year and that he is sending the proposed legislation to lawmakers later Sunday.

«To fund new affordable housing development providers need to be able to charge rents of up to 80 % of the market levels but the impact of the overall benefit cap will prevent them from doing so in many areas greatly reducing their financial capacity,» it says.

Through this spirit of collaboration, we're converting an historic building into new affordable housing, ensuring the creation of good, high quality and affordable apartments for Buffalo families.

«Between his years of service on Community Board 10 and tireless efforts providing new affordable housing to the working families of Harlem, Brian Benjamin has the proven record to represent his community in the State Senate,» said de Blasio in a statement.

HUD's Web visitors learn that in 1999 «Secretary Cuomo established new Affordable Housing Goals requiring Fannie Mae and Freddie Mac — two government sponsored enterprises involved in housing finance — to buy $ 2.4 trillion in mortgages in the next 10 years.

With the strong support of County Legislators Sheila Marcotte and Jim Maisano, the Westchester County Board of Legislators has voted unanimously to provide $ 1,190,000 in funding for the construction of new affordable housing called Heritage Homes in New Rochelle.

«The Conservatives won't do this, so the next Labour government must, by hardwiring Labour's new affordable housing throughout the system, from housebuilding targets to investment priorities to planning rules.

At the same time, 421a, a tax abatement that de Blasio wanted to have expanded to include new affordable housing requirements, is due to expire in six months unless developers and labor unions can agree to a prevailing wage provision.

He also added a dig of his own at the de Blasio administration's already - underway effort to construct new affordable housing at the development, a crucial part of the mayor's ambitious plan to create or preserve 200,000 below - market rate apartments.

In past SPURA battles, the powerful Assembly speaker stood with his core constituents, residents of the Grand Street cooperatives, who opposed new affordable housing units on the parcels.

Even with key capital investments, including the Mayor's new affordable housing plan, debt service will remain under 15 percent of tax revenues.

We wrote earlier about Luyanda Mpahlwa and his Sandbag Houses by MMA Architects; it was one of the entries in a competition teaming South African architects with international designers to pioneer new affordable housing systems.

Finally, the federal budget includes a $ 208.3 million Affordable Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over five years.

Mayor Murray celebrates groundbreaking for new affordable housing City of Seattle September 21, 2016

For - profit developers have also used tax - exempt bond loans and 4 percent LIHTCs to create buildings that mix new affordable housing with luxury apartments, especially in high - rise developments like New York City.

The possibility that Congress will succeed in a comprehensive reform of the federal tax code has lessened the value of the federal LIHTC, the most important tool to finance new affordable housing development and recapitalize older affordable housing properties.

The MBA embraced several of the budget's initiatives that will add new affordable housing and increase homeownership.

There is little new affordable housing being built; current stock is in need of major renovation; and finances are of heightened concern for all parties.»

An Urban Land Institute study on Baltimore and Southern California suburbs found a strong correlation between new affordable housing and communities that continue to decline economically.

These solutions must address incentives for the production of new affordable and workforce housing, the preservation of existing housing (especially important for meeting the needs of workforce housing), reducing the cost of developing new affordable housing, the efficient use of the growing inventory of single - family rental housing and increased subsidies to low income and workforce housing renter households.

This will mean new affordable housing for about 28.1 million low - and moderate - income families.

In addition to providing for those with developmental disabilities, the Oak Ridge Apartments will help us realize our goal to create new affordable housing in the Mid - Hudson Region and around the state.»

Mayor Byron Brown said: «The opening of Jefferson Avenue's Bellamy Commons continues the transformation taking place in the Jefferson Avenue Commercial District by bringing new affordable housing and a Black Achievers Museum dedicated to telling local African - American success stories to the neighborhood,» said Mayor Byron Brown.

Bashner, a lawyer who wants to build new affordable housing on NYCHA property, with priority for current residents, said, «I think the mayor's doing a terrible job on affordable housing.»

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.

«We must create new affordable housing if we are going to relieve the heavy demand that is driving up East New York rents.»

Cuomo said last week that the new program would create 2,500 units of new affordable housing per year.

The most important government program that helps fund new affordable housing — the federal LIHTC program — is providing less funding in 2017 than it did in prior years.

Rodríguez said he had worked to identify locations for new affordable housing construction in Inwood and WashingtonHeights, and said he expected the new mayor to provide at least 10,000 units of affordable housing in those neighborhoods.

«In many of the city's neighborhoods, rents are likely insufficient to justify new mid - and high - rise construction, let alone cross-subsidize the creation of new affordable housing through up - zoning,» according to an analysis from New York University's Furman Center.

The de Blasio administration's plan to rezone East New York and create or preserve thousands of new affordable housing units may actually displace as many as 50,000 residents, according to City Comptroller Scott Stringer.