Sentences with phrase «new affordable project»

Another new affordable project in the near south suburb of Blue Island opens next March.

Not exact matches

The budget dedicates $ 11.2 billion to cities and provinces for affordable housing over 10 years as part of the second wave of the government's infrastructure program, $ 5 billion of which is to encourage housing providers to pool their resources with private partners to pay for new projects.

Samuel Tan, executive director at KGV International Property Consultants, said approvals for all new serviced apartments in Johor have been frozen since 2014 and existing projects were introducing more affordable properties at around 600,000 ringgit instead of 800,000 to 1 million ringgit.

However, in less developed regions, local energy drink brands are emerging and gaining distribution as a more affordable alternative to multinationals, adding pressure for major players to project a brand identity that consumers from New York to Beijing want to be associated with, and pay more for.»

Board President Jim Lewis suggested the project be phased in to make it more affordable and within a more practical timetable, since no money has been allocated for the new lights.

Project Nursery's newest video monitor system includes all the features you need at an affordable price.

I applaud Senator Darrel Aubertine for his leadership in shepherding the groundbreaking Green Jobs legislation through the Legislature and Senator Kevin Parker for his efforts in making capital construction projects affordable for all New Yorkers.

The project advances the goals of Mayor Bill de Blasio's Housing New York: A Five - Borough, 10 - Year Housing Plan to create and preserve 200,000 affordable housing units over the next 10 years.

Crain's New York article on BP Adams unveiling affordable housing projects in Crown Heights and East Flatbush as part of his Faith - Based Development Initiative.

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.

Right now, all new development that qualifies for 421 - a must set aside 20 percent of the project for affordable housing.

«It will continue to stick New York City with the bill for billions of dollars in return for projects that produce little or no affordable housing,» she said.

«This is not only an investment in affordable housing projects, but a critical step towards developing safer communities, stronger local economies and brighter futures for all New Yorkers.»

Meanwhile, the new 421 - a program, which gives a tax break to developers in exchange for affordable housing, no longer helps residents of the community where the project is built.

(February 3, 2017) New York State Homes and Community Renewal joined Selfhelp Community Services, Broadway Mosholu LLC, Enterprise Community Partners, local leaders and project partners to celebrate the ribbon - cutting of the $ 26.4 million Van Cortlandt Green, an affordable housing development for low and middle - income seniors in the Riverdale community of the Bronx.

The largest purely residential development last year was in West Farms at 1932 Bryant Avenue, where the Association of New York Catholic Homes and Sav Enterprises are working on a $ 147 million 15 - story project with 319 affordable housing units.

The new project is expected to provide 600 units of permanent affordable housing on Manhattan's Far West Side.

To date, Goldman Sachs has committed $ 2 billion to nearly 100 projects across all five boroughs — in areas like affordable housing and new community and healthcare spaces.

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.

President and CEO of Housing Visions Kenyon Craig said, «Housing Visions is proud to partner with New York State's HCR and OTDA, the City of Niagara Falls and the YWCA of Niagara to bring much needed neighborhood revitalization through the development of affordable housing with the Walnut Avenue Homes project.

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 Charities.

BUFFALO, NY — New York State today announced the groundbreaking on a $ 12.4 million affordable housing development project, the Massachusetts Avenue Community Homes, on Buffalo's West Side.

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.

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

The report closely followed Mayor Bill de Blasio's comments last week that he's concerned larger luxury condo projects may be added to the governor's proposal to revive 421a — now dubbed «Affordable New York.»

Most of the city's new below - market units, though, will come from 100 percent affordable projects.

Jacob recently told Commercial Observer that the firm is also pursuing 100 percent affordable projects, calling it «a new focus.»

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.

Millions of pounds could be saved by scrapping new road building projects around the country to increase spending on road safety, cycle routes and ensuring decent, affordable public transport - but the government is not getting its priorities right.

A controversial provision that would have given the state veto power over certain New York City affordable housing projects was nixed during budget discussions.

Proposed changes to a property - tax break called 421 - a — most notably a requirement that all developers include affordable housing in new projects receiving the benefit — would not stifle construction activity in New York City, according to a study released todnew projects receiving the benefit — would not stifle construction activity in New York City, according to a study released todNew York City, according to a study released today.

The project has faced significant opposition from residents who believe that new development should include 100 % affordable units, meaning those with rental caps based on income.

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.

Mayor Bill de Blasio, however, was a supporter of the project — seeing it as a test case for his new mandatory inclusionary zoning policy, which requires developers to insert affordable units into new developments as a precondition for construction.

«With so many state - funded projects at risk, The real impact is on thousands of low - and middle - income New Yorkers who may never see the new affordable housing they desperately need,» said Association President Jolie MilsteNew Yorkers who may never see the new affordable housing they desperately need,» said Association President Jolie Milstenew affordable housing they desperately need,» said Association President Jolie Milstein.

While the Real Estate Board of New York strongly backed de Blasio's proposal, there are some in the industry who fear the elimination of condos from the program could all but end the development of small, outer - borough projects that are affordable to middle - income New Yorkers.

The project advances Governor Cuomo's Reforming the Energy Vision («REV») strategy to build an energy system that is clean, resilient and affordable for all New Yorkers, and includes the State's goal to reduce greenhouse gas emissions by 40 percent by 2030.

In Manhattan, where such real estate is scarce, this project will invigorate an entire underused square block of the city with a sustainable community, complete with a new elementary school, 682 units of affordable housing, and 15,000 square feet of retail space.»

The combined 600 permanently affordable Gotham West is the largest new construction project in Manhattan under Mayor Bloomberg's New Housing Marketplace Plnew construction project in Manhattan under Mayor Bloomberg's New Housing Marketplace PlNew Housing Marketplace Plan.

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.

«Stadium Estates is the latest example of these efforts and this administration will continue to support projects like this to help ensure that every New Yorker has a safe, decent and affordable place to call home.»

Darryl C. Towns Commissioner / CEO of New York State Homes and Community Renewal (HCR) said, «The West Tremont Senior Residences is a transformative project that will revive a community with affordable housing and sets the stage for further community renewal.

This project is providing not just 134 units of affordable housing, but high - quality, energy efficient homes for New Yorkers at a range of income levels, from very low - income families to those middle income families who increasingly struggle to make ends meet.

With our support, Broome County has recently adopted a new commercial financing tool called Commercial Property Assessed Clean Energy (CPACE), and STSW is promoting newly affordable commercial - industrial scale solar projects and energy efficiency improvements for businesses and non-profits.

Located at 821 East Brighton Avenue in Syracuse, Onondaga County, this affordable housing preservation project is among the hundreds that form the foundation of the Governor's new, $ 10 billion House NY 2020 program to create or preserve 100,000 affordable units over the next five years.

«The Affordable Housing Corporation (AHC)'s investment in this beautiful project was supplemented by the State of New York Mortgage Agency (SONYMA), which provided low - cost mortgages to many of the first - time homebuyers who will call Atlantic Terrace home.

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.

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

To the relief of New York City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over individual affordable housing projects paid for with federal tax - exempt bonds the state gives to municipalities.

Also set to expire, a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.