Sentences with phrase «of affordable housing in»

Buyer demand continues to grow despite a lack of affordable housing in today's market.
We believe projects like this serve to increase the stock of affordable housing in high costs areas such as New York,» says Ken Bacon, senior vice president of multifamily for Fannie Mae.
Rents are forecasted to increase by 2 percent nationally over the next year, but growth will be moderate based on the increases in supply and the lack of affordable housing in high - cost metros.
There's no question, though, that the shortage of affordable housing in many parts of the country is a real problem with real consequences for people with low or moderate incomes.
Due to the fact that there is a shortage of affordable housing in Denver, it seems a bit silly.
«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.»
To date, New Directions has created nearly 500 units of affordable housing in Chicago and the surrounding suburbs.
Forty - four percent of respondents report the lack of affordable housing in their community as a «big» or «fairly big» issue.
The high speed rail in California may open up a lot of affordable housing in far flung areas to lower income people helping to alleviate the problem temporarily.
Through its nationwide network of lenders, Fannie Mae provides 93 % of affordable housing in the U.S..
National Low Income Housing Coalition — Includes numerous studies and reports on the state of affordable housing in the U.S., including the monthly NIMBY Report.
Ok, then, I'll repeat my other point: The large majority of affordable housing in this market has either illegal additions or unpermitted work that exposes the buyer to potential violations.
The survey data still is being processed and has yet to be published, but results showed strong agreement among respondents that there is a shortage of affordable housing in their communities, says Nancy MacMillan, director of the SCHA.
Youth Build Long Island October 2011 to Current Construction Trainee Deer Park, NY Participated in both... and skill development work shops that involve construction and rehabilitation of affordable housing in... staple guns, and nail guns.
These types of residential structures accounted for more than 70 percent of the growth of affordable housing in the 90s.
The Minnesota Home Partnership says that manufactured homes are an important source of affordable housing in the state.
Furthermore, it will demonstrate that tiny houses can be a viable form of affordable housing in a much smaller city with fewer resources.
Release of 100 % Affordable Housing RFP to Advance State Commitment to Build 3,000 Units of Affordable Housing in Central Brooklyn
If each of these citizen - led initiatives could succeed in developing jus one new tiny housing project, in addition to projects being pursued by more traditional developers, we believe this would make a significant contribution to the broader world of affordable housing in Oregon and beyond.
Given the lack of affordable housing in Toronto and Vancouver, it makes sense that it would fuel interest in pint - sized housing.
FHA loans are insured by the government in order to help increase the availability of affordable housing in the U.S..
Our product & services are tailor - made to fulfil the growing need of affordable housing in the country.
As Vancouver's largest credit union, Vancity analyzed the lack of affordable housing in this west - coast city.
He is also one of the leading single developers of affordable housing in New York City and has been a key player in the physical - renaissance of Harlem.
Inclusionary zoning policies that require the creation of affordable housing in higher - income neighborhoods help to create more integrated neighborhoods and, ultimately, schools.
They understand it because even if sea - level rise is a challenge to visualize, gentrification and the problems of affordable housing in the city are not.
There was also a mutual disappointment in the governor's office and in City Hall over the lapsed tax break and development program known as 421 - a, which the governor had urged developers and unions to negotiate on last year, and which Mr. de Blasio looked to restart in order to support the creation of affordable housing in the city, a bedrock promise of his first term.
With Mayor Bill de Blasio's effort to re-zone the city in pursuit of affordable housing in the news this week, Ms. Mark - Viverito will also address that topic — and the feeling from many at the community board level that Mr. de Blasio did not work with local communities enough on his proposals.
De Blasio throughout the evening repeatedly defended the plan, claiming it's a key component to fulfilling his promise to create and preserve 200,000 units of affordable housing in the city over 10 years.
«We look forward to working together to craft a long - term, comprehensive plan to ensure that a reformed 421 - a program can maximize the creation of affordable housing in New York City for years to come.
According to Astorino, the county has met the requirement to build more than 750 units of affordable housing in different areas across the county.
Lev Dassin, the acting United States attorney for the southern district of New York, and Tony West, the assistant attorney general for the civil division of the Department of Justice, announced today that Westchester County has agreed to fund the building of 750 units of affordable housing in areas with low racial and ethnic diversity in order to settle a lawsuit brought against it by the United States under the False Claims Act as well as the Housing and Community Development Act.
Council members and advocacy groups are fighting for deeper levels of affordable housing in the plan and de Blasio received a victory over the weekend when a leading critic of the proposals, Real Affordability for All, agreed to endorse the plan in exchange for a study to determine ways to make the proposals more affordable.
In December, the Department of Justice said that the 28 units should count towards the 2014 benchmark for financing under the 2009 federal housing settlement, which calls for the building of 750 units of affordable housing in 31 mostly white municipalities.
Multiple Assembly Democrats decried the tax credit as a lucrative giveaway to well - heeled developers while supporters say it will lead to the much needed construction of affordable housing in the city.
In one passage of the written transcripts from June 2015, Astorino says «HUD is trying to change the rules of the agreement in the middle of the game... as part of the settlement the county has to build 750 units of affordable housing in 31 eligible communities... In the middle of the game we get a letter from HUD saying, «not good enough, not good enough, we want you to do X, Y, Z.»»
Multiple Assembly Democrats decried the tax credit as a lucrative giveaway to well - heeled developers, while supporters said it will lead to the much - needed construction of affordable housing in the city.
«If we lose the rent law fight this year, we'll walk away with some legislation that could be the end of rent stabilization and really the end of affordable housing in New York City,» Benjamin said.
She announced a new agreement with the Department of Housing Preservation and Development to double the standard length of affordable housing in some major developments from 30 to 60 years.
In Western New York since 2011, HCR has created 719 units of affordable housing in 27 developments.
Governor Cuomo welcomed the group and introduced Commissioner Towns, saying, «Darryl knows first - hand the value, the dignity, and the importance of affordable housing in transforming a community.
Manufactured homes are an important source of affordable housing in New York.
Among the mayor's campaign promises were the preservation or creation of 300,000 units of affordable housing in the city, a vow to close down Rikers Island within 10 years, and a plan to open 90 homeless shelters in the five boroughs.
After much talk, the two sides had worked out a compromise on two zoning proposals to force the development of affordable housing in a city with no shortage of development.
In an exclusive Op - Ed that appeared right here in The Manhattan Times, Congressman Espaillat urges Mayor Bill de Blasio to commit to creating 5,000 new units of affordable housing in Washington Heights and Inwood as a condition to supporting a rezoning of Inwood.
She said overcrowded schools and the lack of affordable housing in Manhattan is a direct result of the city not doing «comprehensive planning.»
As Chairman, he is also responsible for an increase of one billion dollars in bonding authority for the creation of affordable housing in New York City.
It will also make it harder for the mayor to deliver on a key promise, his plan to build or preserve 200,000 units of affordable housing in 10 years.
New York City is moving to have developers build at four sites, creating 10,000 units of affordable housing in the next decade.
It's official, the 421 - a tax break meant to encourage the construction of affordable housing in NYC has expired.
a b c d e f g h i j k l m n o p q r s t u v w x y z