Sentences with phrase «new affordable housing units»

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

In an effort to combat the high cost of living, deteriorating state of public housing and increased demand for middle class affordable housing, the IDC will outline a series of bold proposals to preserve the nation's largest housing stock and increase the funding and construction of new affordable housing units for middle - income and low - income New Yorkers.

Moving toward its goal of building 80,000 new affordable housing units over 10 years, the de Blasio administration plans to announce today that it will lease public housing land to build nearly 500 apartments for low - income tenants, most of them elderly.

In Albany, Cuomo touted his own affordable housing plan, which will dedicate $ 10 billion to the creation of 100,000 new affordable housing units statewide over the next five years.

Governor Andrew M. Cuomo today announced $ 20 million is available for the construction of new affordable housing units damaged by Superstorm Sandy, Hurricane Irene or Tropical Storm Lee.

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.

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.

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.

Klein presented policy proposals to preserve the nation's largest housing stock and increase the funding and construction of new affordable housing units for middle - income and low - income New Yorkers.

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

The development, known as Chemung Crossing, will be a mixed - use project that will add 45 new affordable housing units and 3,800 square feet of commercial space to the community.

In all, since 2009, Borough President Diaz has invested $ 51,879,000 in capital funding towards affordable housing across The Bronx, helping to create 7,772 new affordable housing units.

In a statement released Tuesday, Stringer claimed that the new affordable housing units created under the rezoning plan would in fact be unaffordable for 55 percent of East New York's current residents, and that the market rate units would be unaffordable for 84 percent.

«I hope this rally is just the beginning of a united front by all of us in support of northern Manhattan's fair share of new affordable housing units,» wrote Mino Lora, artistic and co-executive director of the People's Theatre Project.

The two proposals, Zoning for Quality and Affordability (ZQA) and Mandatory Inclusionary Housing (MIH), are considered crucial to de Blasio's goal of creating 80,000 new affordable housing units and preserving an additional 120,000.

The mayor has worked closely with the Real Estate Board of New York in crafting a plan to renew 421 - a — which offers tax breaks on buildings in exchange for promises to set aside a percentage of units as affordable — as he tries to build 200,000 new affordable housing units.

«We can talk about building hundreds of thousands of new affordable housing units, but if we're losing the same housing units on the other side, then we have a zero - sum game,» said Mr. Stringer, recalling a report by his office that discovered the loss of 400,000 units renting for $ 1,000 or less over the past 12 years.

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 (HPD).

The de Blasio administration has created a total of 17,341 new affordable housing units and preserved an additional 35,595 since the mayor made that promise.

Councilman Ydanis Rodriguez joined in the criticism of the agency, saying that he and CB12 have long asked the Bloomberg administration — which in 2004 promised money for 165,000 new affordable housing units — whether funds were still available, noting that only 138 such units had been built in CB12 since the mayor's affordable housing plan was enacted.

NEW YORK CITY — Thousands of new affordable housing units are set to come to the city as part of a new $ 350 million fund meant to rehab thousands of apartments throughout the state.

In Pennsylvania 422 new affordable housing units will be built to Passive House standards in the next year alone.

A portion of this money would go to construction of new affordable housing units, although the majority of it will expand on the current focus on renovation and repair of existing affordable housing, as well as measures to support housing affordability such as rent supplements.

Improving the LIHTC by increasing funding and changing the average income test to allow the possibility of thousands of new affordable housing units

Meaningful improvements to the LIHTC (Low Income Housing Tax Credit), including a significant increase in funding and a change in the average income test, which should result in hundreds of thousands of new affordable housing units.

The National Housing Law Project estimates that the credits provide funding for about 100,000 new affordable housing units each year.

Meaningful improvements to the LIHTC, including a significant increase in funding and a change in the average income test, which should result in hundreds of thousands of new affordable housing units.