Sentences with phrase «of affordable rental housing as»

Not exact matches

This small building maybe used as a rental unit of housing or as a place to work; it may also be properly regarded as an example of private sector affordable housing.

HCR's Rural and Urban Community Investment Fund supports retail, commercial or community facility components of mixed - use affordable housing developments in urban and rural communities statewide, as well as supporting preservation of existing affordable multi-family rental housing in rural areas of the State.

The measure was seen as being squarely aimed at Airbnb, the popular online portal for short - term rentals, while lawmakers in favor of the bill insist it is meant to bolster and preserve affordable housing in New York City.

NEW YORK CITY — Illegal hotel complaints increased 62 percent last year because short - term rental sites such as Airbnb are violating the law, hurting efforts to provide affordable housing and placing the safety of legal tenants at risk, elected officials said Tuesday during a marathon City Council hearing.

Assemblywoman Crystal Peoples - Stokes said: Bellamy Commons is an adaptive reuse win - win for its tenants and the surrounding community as it includes 30 units of affordable rental housing, a museum, and the local offices of the NAACP.

The federal government sets 30 percent as the upper limit for housing that's deemed «affordable,» meaning more than a third of Buffalo's residents can't really afford the rental housing... (read more)

Trudeau's plan includes a new, 10 - year investment in social housing, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units) as well as removing all GST for developers of new affordable rental housing projects.

As a matter of urgency, ACOSS called for Newstart and related payments to be increased, and investment in social housing and affordable rentals.

Created as part of the 1986 tax reform effort, the LIHTC, also known as the affordable housing credit, has been responsible for financing the development of more than 2.7 million rental homes.

HomeUnion ranked Chicago as the number one most affordable rental market, citing their low cost of living and relatively large housing inventory.

Louis and Ryan discuss the impact of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the gold standard; the fate of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price of gold and silver and their role as stores of value; real estate vs. gold and silver as investments; the impact of shadow inventory on general inventory; the impact of the numbers of government workers and their salaries on the D.C. area housing market.

The statement acknowledged Montgomery's «efforts to preserve... affordable rental housing,» as well as his successes in «reducing rental assistance costs and the costs of FHA insurance claims,» and in financing the development of «more than 300,000 rental units.»

HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination, and transform the way HUD does business.

As you see some of that growth in the single - family market getting kind of transmitted over to multifamily, that's just putting greater pressure on household budgets and incomes, and the declining stock of affordable rental housing.

As part of the Tax Reform Act of 1986, the United States Congress created the Low Income Housing Tax Credit (LIHTC)(IRC Section 42) Program to promote the development of affordable rental housing for low - income individuals and faHousing Tax Credit (LIHTC)(IRC Section 42) Program to promote the development of affordable rental housing for low - income individuals and fahousing for low - income individuals and families.

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.

The MacArthur Foundation provided principle support for the report as part of its $ 150 million Window of Opportunity, Preserving Affordable Rental Housing initiative.

«Although buying is still more affordable than renting in the majority of U.S. housing markets, that majority is shrinking as home price appreciation continues to outpace rental growth in most areas,» said Daren Blomquist, vice president at ATTOM Data Solutions.

«Although buying is still more affordable than renting in the majority of U.S. housing markets, that majority is shrinking as home price appreciation continues to outpace rental growth in most areas,» said ATTOM Data Solutions vice president Daren Blomquist in a press release.