Sentences with phrase «of affordable apartments»

«We must preserve this valuable asset and fight to increase the number of affordable apartments to serve our working and middle - class families,» he stated.

«We can not keep hemorrhaging thousands of affordable apartments through vacancy decontrol,» Wiley Norvell, the mayor's spokesperson, told the website.

A new report, «Closing the California Clean Energy Divide,» shows how solar + storage can overcome technical and financial problems that discourage owners of affordable apartments from embracing solar.

Instead it is a sixty - six unit building of affordable apartments in ratty Ramsgate Street in Dalston, London, designed by Waugh Thistleton.

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.

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).

Advocates disputed media reports that efforts to reform 421 - a and repeal vacancy decontrol — two priorities of Mayor de Blasio — were dead, as a report found a huge loss of affordable apartments from 2002 to 2014.

Coauthored by the California Housing Partnership, Center for Sustainable Energy, and Clean Energy Group, the report says solar + storage systems could nearly eliminate electric bills for owners of affordable apartment buildings in California.

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

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 remaining balance of affordable apartments under the third option would be more expensive as a result, in order to average 115 percent AMI.

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.

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.

Last year about 20 percent of the affordable apartments were earmarked for those earning less than $ 25,000 a year.

«121 - 131 Ft. George Ave. in Washington Heights has exactly the kind of affordable apartments policymakers must try to preserve.

He also recommended that the building have more permanent affordable housing — beyond the 166 units of affordable apartments included in the current plan — and suggested some units be set aside for formerly homeless families.

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.

Over the past eleven years, neighbors living in the Green Development Zone have worked with PUSH Buffalo to buy 120 properties, renovate and rent out dozens of affordable apartments, and weatherize hundreds of homes.

In many cities across the globe, the shortage of affordable apartments has led to more and more people living in micro, or shoe - box apartments.

Considering neither city is necessarily known for its bevy of affordable apartments, EJ decided that, while she was staying in New York for a week or so, she'd rent out her apartment in San Francisco.

If you are looking for a smaller home, Arkansas renters will be happy to note that there are plenty of affordable apartment and loft accommodation options in and around the city.

Built between 1975 and 1989, renovations of the affordable apartments will average $ 30,000 per unit and will include both interior and exterior improvements.

In North Carolina, the percentage of affordable apartments dropped from 10 percent to 0.3 percent — mostly in the greater Charlotte area.

Then there is the challenge of Gov. Andrew Cuomo, who last year torpedoed the mayor's deal to extend a long - term tax - abatement program called 421 - a, which the city used for years to build thousands of affordable apartments.

«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.

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.

The city has now promised to up its commitment by 100,000 units, with all of these affordable apartments due to be completed by 2026.

Some planners support the idea as a solution to New York's affordability crisis, as the move could enable the city to zone certain areas for extremely dense residential developments with tens of thousands of affordable apartments.