Sentences with phrase «number of affordable apartments»

In Florida, the number of affordable apartments dropped from 60 percent to 39 percent.

Killing the bond program would cut the number of affordable apartments produced by the LIHTC program overall roughly in half, according to an analysis by the National Housing Conference (NHC).

«We've secured a strong new program with most of the reforms we sought: requiring affordable housing in every corner of the city, doubling the number of affordable apartments produced, and slashing the subsidy per apartment dramatically,» de Blasio said.

In terms of forgiven taxes, the de Blasio administration estimates that its proposal would cut the subsidy per unit to less than $ 400,000, from nearly $ 600,000, and double the number of affordable apartments created under the program to 25,000, from 12,400, over the coming decade.

Although Paul Travis, managing partner at Washington Square Partners, said they were willing to work with HPD and bring the total number of affordable apartments to 175 — out of the total 335 units — closer to what Councilman Ydanis Rodriguez was pushing to attain.

Mayor de Blasio is celebrating what he says is a major milestone in his affordable housing plan: a record number of affordable apartments preserved, financed, or created over the last three years.

Still, a provision allows for developers to waive or reduce the number of affordable apartments by pleading hardship to the city's Board of Standards and Appeals.

The new proposal would allocate 50,000 affordable apartments to «very low» and «extremely low income» New Yorkers (compared to 40,000 before) but keep the total number of affordable apartments at 200,000.

The mayor touted the number of affordable apartment units - 20,325 - as a one - year record, and far from anything seen in the city since Mayor Ed Koch's ambitious housing plans of the «80s.

Not exact matches

The number of apartments allowed to be built on a one - acre property doubled from 6 per acre to 12 per acre — with a 24 unit cap on each development — last year when the Town Board approved Mr. Russell's proposed code change aimed at encouraging affordable housing.

Renters in Fort Wayne can choose from a number of attractive and affordable housing options, including rental homes, town houses, apartments and condominiums.

Stookey, who helped design an ADU program for Brattleboro Area Affordable Housing, a nonprofit organization, says the group is fielding an increasing number of inquiries from municipalities that see the apartments as an inexpensive and mostly politically benign way to meet affordable housAffordable Housing, a nonprofit organization, says the group is fielding an increasing number of inquiries from municipalities that see the apartments as an inexpensive and mostly politically benign way to meet affordable housaffordable housing needs.

Enticing both groups is the growing number of still - affordable high - end rental homes and apartments across the Valley.

According to a new report by Freddie Mac, the number of apartments deemed affordable for very low - income families across the United States fell by more than 60 percent between 2010 and 2016.

The number of apartments deemed affordable for very low - income families across the United States fell by more than 60 percent between 2010 and 2016, according to a new report by Freddie Mac.

«The neighbourhood is ideally positioned for further growth as a greater number of homebuyers enter the downtown core, attracted to affordable condominium apartments and townhouses in the heart of the city.»

The number of lost units is a fraction of the roughly 641,000 rent - controlled apartments in the city, but in a tight market the removals have had an outsized effect, tenant advocates say, eating away at the supply of affordable housing at a time when L.A. has become one of the least affordable cities in the country.