Sentences with phrase «new affordable rental housing»

The draft Democratic platform, released on July 1, said the party would increase the supply of affordable housing «by expanding incentives and easing local barriers to building new affordable rental housing developments in areas of economic opportunity.»

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.

Not exact matches

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.

New York City has a rental control system designed to prevent the wealthy from exploiting the poor (with mixed results) and many other places in the U.S. have affordable housing system that creates some stock of affordable priced, price controlled housing at the expense of developer who want to sell market priced housing.

The new Affordable New York Housing Program lets developers of rental apartment buildings off the hook for property taxes for 35 yeanew Affordable New York Housing Program lets developers of rental apartment buildings off the hook for property taxes for 35 yeaNew York Housing Program lets developers of rental apartment buildings off the hook for property taxes for 35 years.

New York State Homes and Community Renewal (HCR) joined Liberty Affordable Housing, Inc., CRM Rental Management and residents to celebrate the completion of the total rehabilitation and modernization of 100 Chenango Place, 144 affordable homes seniors in the Broome County city of BAffordable Housing, Inc., CRM Rental Management and residents to celebrate the completion of the total rehabilitation and modernization of 100 Chenango Place, 144 affordable homes seniors in the Broome County city of Baffordable homes seniors in the Broome County city of Binghamton.

The mayor is still missing a new version of the 421a building tax credit — the gas for his affordable housing engine — but the rule changes have potential to permanently change both the city's rental market and its physical terrain.

«It will result in the production of substantially more affordable rental housing that is critical to New York City's growth and future,» John Banks, president of the trade group, and chairman Rob Speyer said in a joint statement.

It also includes $ 125 million in credits to create and preserve affordable rental properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market housing citywide.

The measure was seen as being squarely aimed at Airbnb, the popular online portal for short - term rentals, while lawmakers in favor of the bill insist it is meant to bolster and preserve affordable housing in New York City.

«Airbnb has flouted the laws that protect affordable housing for years, and now with new legislation to further crack down on the proliferation of illegal short - term rentals, I urge Governor Cuomo to send a strong message that New York prioritizes hard working New York families by signing this bill into law,» Van Bramer sanew legislation to further crack down on the proliferation of illegal short - term rentals, I urge Governor Cuomo to send a strong message that New York prioritizes hard working New York families by signing this bill into law,» Van Bramer saNew York prioritizes hard working New York families by signing this bill into law,» Van Bramer saNew York families by signing this bill into law,» Van Bramer said.

NEW YORK CITY — Illegal hotel complaints increased 62 percent last year because short - term rental sites such as Airbnb are violating the law, hurting efforts to provide affordable housing and placing the safety of legal tenants at risk, elected officials said Tuesday during a marathon City Council hearing.

«This growing trend (of short - term rentals) poses concerns for the City of New York — in particular, for our affordable housing stock and public safety,» the city's chief fiscal officer said in testimony he plans to submit before the City Council on Tuesday at a high - profile hearing on home - sharing.

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.

«The plan put forward by Mayor de Blasio will result in the creation of much more affordable and market rate, multi-family rental housing in New York City,» Steven Spinola, president of the Real Estate Board of New York, said in a statement.

«In the absence of 421a, there is an even more urgent need for all stakeholders to work together and create a program to produce affordable rental housing for New York City.

Without a program like 421 - a, one can't build multi-family rental housing with a significant below - market, or affordable, component on a scale necessary to address the City's needs,» said REBNY President John Banks, though he echoed Mr. LaBarbera's suggestion of a new system of some kind.

In recent years, it's courted controversy from critics in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rentals.

«As we talk about developing affordable housing in New York City, rental buildings often dominate the conversation but we need more solutions to enable young families to put down roots and build equity,» said Council Member Andy King.

The funding, received through New York State's Regional Economic Development Council (REDC) Initiative, will assist the City in transforming contaminated and inaccessible land into a vibrant mixed - use waterfront community featuring more than 5 acres of open space, market rate and affordable rental housing, and retail.

The fate of the bill was put in their hands by Cuomo and legislative leaders after the governor insisted any deal had to include wage guarantees for labor - a position the governor still holds despite the fact that no deal has been reached and there are concerns about the development of affordable rental housing in New York City.

State Attorney Eric Schneiderman was to announce late Friday morning a pilot program that will make available to land banks statewide $ 4 million for New Yorkers to take over «zombie homes» in their neighborhoods and rehab them into affordable rental housing.

It will involve the new construction of 11 buildings and the rehabilitation of 14 existing one and two - family houses to create a total of 49 units of affordable rental housing for low income individuals and families.

Liberals: Start a new, 10 - year investment in social housing infrastructure, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units); encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing; loosening the existing qualification rules for the Home Buyers» Plan to allow more Canadians affected by sudden and significant life changes to access their RRSP savings for a down payment; review escalating home prices in high - priced markets, including Toronto and Vancouver, and review all policy tools that could keep homeownership within reach for more Canadians.

→ encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing

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 fAffordable 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 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 fiveHousing 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 fiveHousing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over faffordable housing rental units over fivehousing rental units over five rental units over five years.

Metro Orlando, long considered an affordable housing market, has the nation's greatest shortage of rentals for extremely low - income tenants, a new study shows.

Nixon Peabody is mentioned in this article for working with Silver Street Development Corp. to leverage the federal Rental Assistance Demonstration (RAD) program to increase the number of affordable housing units in a New Jersey senior housing community.

NAHB looks forward to working with Dr. Carson and his new team to ensure that housing is a national priority, to promote policies that will keep the housing industry moving forward and to provide affordable homeownership and rental opportunities for all Americans.»

With markets slowing, U.S. localities might step up inclusionary zoning rules, which require developers to set aside a portion of their new rental or for - sale units for affordable housing.

We encourage the removal of policy and program disincentives that inhibit owner participation in the development of new rental housing or the preservation of existing safe and affordable rental housing.

«Strong demand for rental housing has opened up that segment to a new wave of capital investment, and the shortage of affordable housing in much of the country makes the stock of older homes an attractive option for buyers willing to in invest in upgrades.»

New investors with little or no experience in operating affordable housing are bidding high for aging rental housing communities built with affordable housing programs...

The opening sentence of the Federation of Rental - housing Providers of Ontario (FRPO) June 2015 report, Removing Barriers to New Rental Housing in Ontario, states, ``... it's been hard to find affordable housing in the past; it is hard to find it now; and it looks to be even harder in the housing Providers of Ontario (FRPO) June 2015 report, Removing Barriers to New Rental Housing in Ontario, states, ``... it's been hard to find affordable housing in the past; it is hard to find it now; and it looks to be even harder in the Housing in Ontario, states, ``... it's been hard to find affordable housing in the past; it is hard to find it now; and it looks to be even harder in the housing in the past; it is hard to find it now; and it looks to be even harder in the future.

Rental property owners and managers are key partners in the success of New Hampshire Housing's rental assistance and affordable housing development proRental property owners and managers are key partners in the success of New Hampshire Housing's rental assistance and affordable housing development prHousing's rental assistance and affordable housing development prorental assistance and affordable housing development prhousing development programs.

According to Housing Needs in New Hampshire, a study commissioned by New Hampshire Housing and performed by the Center for Public Policy Studies and Applied Economic Research, the state's rental market has grown progressively less affordable.

MCLEAN, VA --(Marketwired - Dec 7, 2017)- Freddie Mac (OTCQB: FMCC) today expanded its support for affordable housing with a new series of credit risk transfer securities backed predominantly by single - family rental (SFR) properties that are overwhelmingly affordable for low - income and working families.

Federal tax credit funding totaling nearly $ 4 million for eight multi-family affordable rental housing developments, which will produce or preserve more than 230 units around the state, was recently approved by the New Hampshire Housing Finance Authority (NHHFA) Board of Dirhousing developments, which will produce or preserve more than 230 units around the state, was recently approved by the New Hampshire Housing Finance Authority (NHHFA) Board of DirHousing Finance Authority (NHHFA) Board of Directors.

The Low Income Housing Tax Credit Program (LIHTC) provides a strong incentive for private investment in new, affordable rental hHousing Tax Credit Program (LIHTC) provides a strong incentive for private investment in new, affordable rental housinghousing.

The Qualified Allocation Plan defines the process by which New Hampshire Housing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New HamHousing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New HamHousing Tax Credits to affordable rental housing developments throughout the State of New Hamhousing developments throughout the State of New Hampshire.

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.

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