Sentences with phrase «of affordable housing property»

Bostonpost is a leading software - as - a-service (SaaS) provider of affordable housing property management software designed to optimize compliance within the complex environment of funding programs and regulations, and to help property owners and managers reduce administrative overhead and costs associated with compliance.

Not exact matches

Real estate developers are under pressure in China to refurbish older properties for rental purposes to ease a supply shortage in the market for affordable housing, says Peter Churchouse of Portwood Capital.

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.

Whatever is the current cause of the rise of prices in the housing market, when computed as the mortgage cost in labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly less affordable for middle - class Canadians than they were for the last five decades.

Our comprehensive array of capabilities includes acquisition, construction and permanent financing for public and private developers and investors; agency financing for multifamily and seniors housing properties; and debt and equity capital for the affordable housing industry.

While property is relatively more affordable in other parts of the country (six times the average salary in the North - east rather than 14 times in London) it's impossible to ignore that even in the most affordable areas house prices are geared towards two - earner families with two or fewer children.

Mr Joyce said while Labor's policy to restrict negative gearing to new properties will make houses more affordable, it will erode the value of houses and pose a risk to banks.

The prime minister promised to put the chronic shortage of affordable housing in Britain at the top of his political agenda and announced the bill, saying it would aim to put the property ladder «within the reach not just of the few but the many».

The group Sweets Way Resists have been occupying a property on the estate for the last five months to highlight the sell - off of houses which are due to be replaced by over 200 new houses and flats, just 59 of which are expected to be «affordable».

When politicians talk about affordable housing they are usually referring to properties that are sold or rented at 80 % of the local market rate.

The council says it stopped using Boundary House to temporarily house some of its homeless families due to the shortage of affordable move - on accommodation in that area, and points out that the government's welfare reforms have led to an increasing number of properties being unavailable to those on housing benHouse to temporarily house some of its homeless families due to the shortage of affordable move - on accommodation in that area, and points out that the government's welfare reforms have led to an increasing number of properties being unavailable to those on housing benhouse some of its homeless families due to the shortage of affordable move - on accommodation in that area, and points out that the government's welfare reforms have led to an increasing number of properties being unavailable to those on housing benefit.

He led about 40 community residents on a short tour of properties that could be converted into 100 percent affordable housing.

It's a somewhat bizarre, although politically familiar, situation: People on both sides of the table agree that something must be done to replace 421a to curb property taxes and drive the creation of affordable housing.

The new Affordable New York Housing Program lets developers of rental apartment buildings off the hook for property taxes for 35 years.

And we hope that it will serve to bring distressed city blocks back to life and increase the property values of surrounding properties, as well as create construction jobs, affordable housing, and dramatically enhance quality of life.»

In 2012, David Herrera told DNAinfo that the project had been stopped due to financing issues, and that he'd seek to either develop market - rate housing instead of affordable, or sell the property.

With rising house prices and a shortage of well - priced properties, affordable housing has rapidly changed from a social to political issue.

He approved of the inclusion of most of de Blasio's legislative proposals for the extension of the 421 - a construction program for affordable housing, along with the extension of the property tax cap and the property tax rebate program.

The property tax relief fits in with the mayor's goal of making housing affordable, Ignizio said, by preventing storm victims from being priced out by tax bills after making expensive repairs.

· Act — New Rochelle & Horton Winthrop - Heritage Homes: An ACT authorizing Westchester County to enter into an agreement with the City of New Rochelle and Horton Winthrop, LLC or its designee for infrastructure improvements in support of a fair and affordable housing development known as Heritage Homes located in the City, and to accept a grant at no cost to the County of all necessary property rights

New York City Mayor Bill de Blasio came to Albany to meet with Cuomo and legislative leaders to push for reform and renewal of the city's rent control laws — which impact around two million people — and a related property tax break for developers who set aside some of their new dwelling s for affordable housing.

It also includes $ 125 million in credits to create and preserve affordable rental properties in New York State — which brought applause from Mayor Bill de Blasio, who has an ambitious plan to build and maintain 200,000 units of below - market housing citywide.

New York developer Jonathan Rose Cos. is set to purchase a $ 500 million portfolio of affordable - housing properties from Forest City Realty Trust, in a transaction that will double the size of Jonathan Rose's portfolio and help turn it into a more significant player in the industry.

Mayor Bill de Blasio's administration said it was working rapidly to remove families from cluster sites into safer properties, but noted the number of families in need far exceeds the limited available supply of affordable housing.

ALBANY — Mayor Bill de Blasio may have come to the Capitol on Tuesday to ask state lawmakers for help with affordable housing programs and homeless shelter allowances, but he found himself forced to answer a barrage of questions about an unexpected issue as more than a half - dozen lawmakers pressured him to allow a property tax cap in the city.

He has developed and renovated numerous properties, creating hundreds of units of affordable housing while also growing small businesses.

After the loss, he stayed on with Nadler, working as his district coordinator while also volunteering as leader of the Mitchell - Lama Residents Coalition, which sought to preserve affordable housing right around the time Mitchell - Lama properties began aging out of the program.

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.

But today, the mayor insisted his administration was either currently building affordable housing on many of those properties or would do so soon — but that many others just aren't suited for residential construction.

MICHAEL WHITE PHOTO Shirley Covedale at the First Baptist Church of Riverhead property, where she's long pushed to get an apartment complex and community center built to provide affordable housing and other services, such as 24 - hour child care, to East End residents.

Brooklyn, NY — October 6, 2016 — Today, the U.S. Department of Housing and Urban Development (HUD) and the New York State Homes and Community Renewal (HCR) joined residents and development partners MDG Design + Construction (MDG), Hudson Valley Property Group (HVPG), and Marien - Heim Tower Associates LP to celebrate the renovation of Marien - Heim Tower, a 181 - unit affordable development for low - income seniors aged 62 and older.

She's the executive director of the Family Community Life Center, an affordable housing and recreation center long planned for the church's property on Northville Turnpike.

The tax would apply a 2.5 percent property transfer surcharge on home sales of more than $ 2 million, generating $ 336 million and fund affordable housing for the elderly.

City officials have banded together in a bid to stop property developers from using large amounts of leverage to purchase affordable housing units in...

New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.

That freed the Brown administration to sign contracts to secure the state funding: $ 1 million from the Department of Housing and Community Renewal's Affordable Housing Corp., for use with properties anywhere in the city and $ 1.4 million from Empire State Development Corp. for houses on the East Side.

She discussed rising rents and a lack of affordable housing, but also lamented rising property taxes, criticized Mayor de Blasio's fiscal management and his efforts at allowing private sector housing on NYCHA property.

The New York State Association for Affordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing DeAffordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing DevelHousing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing Deaffordable housing, according to the Association for Neighborhood and Housing Develhousing, according to the Association for Neighborhood and Housing DevelHousing Development.

«The assertion that we let city - owned properties languish in the face of an affordable housing crisis is simply wrong,» said Melissa Grace, a spokeswoman for de Blasio.

The city entered into the deal with Tahl Propp Equities, Bellwether Enterprise and Enterprise Community Investment Inc., all of which acquired the properties, to curb the city's affordable housing crisis and help longtime residents, Mayor Bill de Blasio said.

Other community benefits not easily quantified like access to quality affordable housing, placing vacant and historic properties back into productive use, and providing job training and opportunities to unemployed and underemployed city residents have also been effectively addressed through SIDA's support of projects like Salina Crossing, Bankers Healthcare Group and the Hotel Syracuse, to name a few.

New York City Mayor Bill de Blasio came to meet with Governor Cuomo and legislative leaders to push for reform and renewal of the City's rent control laws, which impact around two million people, and a related property tax break for developers who set aside some of their new dwellings for affordable housing.

Nonprofit developer Phipps Houses wants to rezone a property in the Soundview section of the Bronx to make way for a 220 - unit affordable housing...

«The assertion that H.P.D. allows vacant city - owned properties to languish in the face of the affordable housing crisis is simply wrong,» HPD Commissioner Vicki Been said in a statement.

The developer is in contract to buy the property and build housing and retail on it, including 165 apartments, 41 of which would be affordable.

Avery Hall Investments is in contract to buy 120 Fifth Ave., now home to one of Park Slope's largest and most affordable grocery stores, and wants to build housing and retail on the property.

The development, known as Astoria Cove, is viewed as a coup by the de Blasio administration and left - leaning City Council members — a about - face on the part of City Councilmembers occasioned by a 7 percent increase in the amount of affordable housing housing to built — and an agreement to use organized labor during the construction phase, even as speculation builds that the developer, Alma Realty, could flip the property and some activists question whether enough affordable housing will be built.

A report released by the city Independent Budget Office has raised questions about the potential effects of the so - called «mansion tax,» a proposed part of Mayor Bill de Blasio's affordable housing strategy that would levy a 2.5 percent surcharge on the sale price over a threshold of $ 2 million for residential properties.

Housing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lasHousing Senate Republicans and Gov. Cuomo have been pushing for a renewal of the 421 - a property tax credit used toward the development of affordable housing that expired at the end of lashousing that expired at the end of last 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.