Sentences with phrase «number of affordable units»

Below highlights notable programs with the greatest number of affordable units at risk:
The plan has been resisted by many housing advocate groups, who argue that it would impede building financing and result in a lower number of affordable units.
City officials, community groups and developers are fighting over the number of affordable units.

Not exact matches

By making sophisticated, affordable, and hard - to - find phones (Lei limits the number of units he makes), Xiaomi has developed a cult - like following.
Meanwhile de Blasio campaigned on record lows on crime, expanding free pre-K and increasing the number of affordable housing units across the city.»
Shephard said that Mayor Bill de Blasio's plan to greatly expand the city's number of affordable housing units provides an opportunity for developers to incorporate solar and clean energy into lower - income neighborhoods.
While this development is part of the fair - housing settlement between Westchester County and the federal government, I'm proud to note that the County is going beyond the requirements of that agreement in the number of affordable housing units in the works.
The proposal is part of two zoning amendments that seek to increase the number of affordable housing units throughout the city.
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.
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.
While many residents at Tuesday night's Southold Town Board meeting agreed that having affordable housing for the area's workers and retired population is important, others said they feared how a proposal to increase the number of units allowed in an affordable housing development will change the North Fork's rural character.
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.
Lasher believes that preserving the existing affordable housing stock in the district, which has the highest number of regulated units in the city, is the answer to securing residences for low - income New Yorkers.
And the relative success of the programs in those cities seemed to deliver numbers far smaller than Mr. de Blasio needs for his plan, which calls for the creation or maintenance of 200,000 affordable units in 10 years, to succeed.
This year, the Governor launched an unprecedented $ 20 billion five - year plan to provide affordable housing and combat homelessness by constructing and rehabilitating 100,000 units of affordable housing and 6,000 units of supportive housing — enough units to house the number of residents of the City of Buffalo.
The county anticipated reaching the number of required affordable housing units six months ahead of schedule, but Westchester lawmakers, in a -LSB-...]
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.
Under de Blasio's Mandatory Inclusionary Housing zoning plan, new construction would have to include a certain number of permanently affordable housing units.
Mr. de Blasio, who is focused on increasing and retaining affordable housing, is lobbying the State Legislature to strengthen rental protections to curb the number of stabilized units taken out of regulation each year.
«The governor's proposal raises the city's cost in foregone property tax revenue in order to subsidize construction workers» wages, without increasing the expected number of affordable housing units,» she said.
by simply shifting the number of affordable rental units that allow pets we can stop hearts from breaking and decrease homeless dogs and cats.
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.
About 4 million very - low - income renters still spend more than half their income for housing, and the number of units affordable to those renters fell from 1.9 million in 1991 to 1.5 million in 1995.
Rent numbers won't be finalized until the time of the affordable unit lottery, Monadnock Development says, but rent in the 22 units can not exceed more than 30 percent of the residents» annual income.
When it inured to their benefit, such as applying for a multi-family property tax exemption that was created to help generate more affordable housing units — they would use the number of bedrooms in a building.
A limited number of affordable income units available.
«The shortfall in the number of units affordable to extremely low - income renters in the U.S. more than doubled from 1.9 million in 2001 to 4.9 million in 2011.
Some U.S. municipalities are exploring requirements that new market - rate developments would include a certain number of designated affordable units.
Growth in the Gap between the Number of Low - Income Renters and the Supply of Affordable Units «For many low - income families, the rental housing affordability crisis is like a game of musical chairs in which there is never a chair left for them,» said Chris Herbert, Research Director at the Harvard Joint Center for Housing Studies.
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.
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