Sentences with phrase «of affordable apartments by»

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.

Not exact matches

Perth continues to take out the title of Australia's most affordable capital city when it comes to buying houses and apartments, driven by lower property prices and low interest rates, a report released today has found.
Commissioner of New York State Homes and Community Renewal RuthAnne Visnauskas said, «Stadium Estates Phase II will continue to reinvigorate the JOSANA neighborhood in downtown Rochester by replacing vacant lots with quality affordable apartments in attractive buildings.
The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).
She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.
While members of the not - for - profit have been regular critics of Paladino and his role on the Buffalo Public School Board, Washington said this particular protest concerned Ellicott Development's role in the «gentrification» of Buffalo by building luxury apartments with public funds that could be used for affordable housing.
Commissioner of New York State Homes and Community Renewal RuthAnne Visnauskas said, «Vienna Senior Apartments will provide seniors who are often burdened by rising housing costs with an affordable option while strengthening the local economy and creating a more cohesive and diverse community in Rye.
The blow of losing a full - service hospital in the heart of brownstone Brooklyn was eased in part by the expectation the LICH site would host new, affordable apartments in one of the borough's priciest neighborhoods.
Newly appointed state Department of Homes and Community Renewal Commissioner Darryl Towns said he was working to keep apartment rents affordable during a town hall meeting Sunday organized by state Assemblyman David Weprin (D - Little Neck) at the Samuel Field Y in Little Neck.
The city is accelerating its plan to build or preserve 200,000 units of affordable housing and boosting the end goal by 100,000 apartments, de Blasio announced.
Pass an ordinance prohibiting the reduction of apartment units in a building and the demolition of units in a building, or only allow it if the units are replaced by affordable apartments that are offered to the displaced tenants.
On Friday, de Blasio announced a plan to increase the city's affordable housing plan by spending $ 1.9 billion to add 10,000 apartments affordable to those making $ 40,000 or less, 5,000 of which will be reserved for senior citizens and 500 to be reserved for veterans.
Following a rezoning in April, East New York became the first area to be affected by the City's mandatory inclusionary housing, which requires developers seeking a residential rezoning to set aside some of their apartments for affordable housing.
The city is accelerating its plan to build or preserve 200,000 units of affordable housing and boosting the end goal by 100,000 apartments, Mayor de Blasio announced Tuesday.
If the 2,250 affordable units are not completed by the deadline, the developers will have to pay a penalty of $ 2,000 per month per apartment without a temporary or permanent certificate of occupancy, according to the joint venture's agreement with Empire State Development.
Opening: «Affordable Housing in New York: The People, Places, and Policies That Transformed a City» at Hunter East Harlem Based on the content of a recently published book of the same name by urban historians Matthew Gordon Lasner and Nicholas Dagen Bloom, this comprehensive show features interactive models of apartment interiors, photographs by award - winning photographer and sociologist David Schalliol and historical materials about New York's affordable housinAffordable Housing in New York: The People, Places, and Policies That Transformed a City» at Hunter East Harlem Based on the content of a recently published book of the same name by urban historians Matthew Gordon Lasner and Nicholas Dagen Bloom, this comprehensive show features interactive models of apartment interiors, photographs by award - winning photographer and sociologist David Schalliol and historical materials about New York's affordable housinaffordable housing program.
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.
The most important aspect of residing in Barrington Apartments is the access to great, affordable renters insurance offered by Effective Coverage.
You can find affordable New York renters insurance for your apartment or other rented property by reaching out to your local member of the Trusted Choice network.
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).
The 136 - unit Pinewood Pointe Apartments has recently been refinanced by a $ 6.75 million Fannie Mae fixed - rate, affordable loan provided by Centerline Capital Group — a subsidiary of Centerline Holding Company.
I can tell you as an active fund manager in the nationwide preservation of affordable housing, the competition to acquire buildings most difficult to match is in the form of either investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.
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.
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