Sentences with phrase «of affordable rental housing by»

It's an urgent problem, and that's why Freddie Mac's financing aims to preserve the supply of affordable rental housing by driving capital into the affordable and workforce housing space.
The city has $ 98 million in contracts out with such building owners, who ironically are chipping away at the stock of affordable rental housing by repurposing their buildings for temporary quarters for the city's homeless.

Not exact matches

«Airbnb has flouted the laws that protect affordable housing for years, and now with new legislation to further crack down on the proliferation of illegal short - term rentals, I urge Governor Cuomo to send a strong message that New York prioritizes hard working New York families by signing this bill into law,» Van Bramer said.
«The plan put forward by Mayor de Blasio will result in the creation of much more affordable and market rate, multi-family rental housing in New York City,» Steven Spinola, president of the Real Estate Board of New York, said in a statement.
The fate of the bill was put in their hands by Cuomo and legislative leaders after the governor insisted any deal had to include wage guarantees for labor - a position the governor still holds despite the fact that no deal has been reached and there are concerns about the development of affordable rental housing in New York City.
Liberals: Start a new, 10 - year investment in social housing infrastructure, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units); encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing; loosening the existing qualification rules for the Home Buyers» Plan to allow more Canadians affected by sudden and significant life changes to access their RRSP savings for a down payment; review escalating home prices in high - priced markets, including Toronto and Vancouver, and review all policy tools that could keep homeownership within reach for more Canadians.
→ encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing
An analysis of studies on whether or not affordable rental housing led to property values by the Greater Real Estate Board of Vancouver showed that:
An analysis by the National Low Income Housing Coalition estimates that there are only 22 affordable and available rental units for every 100 renters in Oregon with an income at or below 30 percent of the median family income.
Finally, the federal budget includes a $ 208.3 million Affordable Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fAffordable Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over five Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fiveHousing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over fiveHousing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over faffordable housing rental units over fivehousing rental units over five rental units over five years.
This article discusses the recent tax bill cleared by Congress, which makes the Low - Income Housing Tax Credit more generous and easier to finance the construction of affordable rental hHousing Tax Credit more generous and easier to finance the construction of affordable rental housinghousing.
The court noted that the by - law applies to low - rise rental properties regardless of whether the property is being rented to a family or non-family, and that it applies throughout the City and does not target any particular person or group of people or whether or not the housing is affordable.
Community Housing Network, Inc. (CHN) provides safe affordable rental housing and linkage to supportive services for people disabled by mental illness, addiction disorders, and histories of homeleHousing Network, Inc. (CHN) provides safe affordable rental housing and linkage to supportive services for people disabled by mental illness, addiction disorders, and histories of homelehousing and linkage to supportive services for people disabled by mental illness, addiction disorders, and histories of homelessness.
This dynamic, coupled with the low statewide rental vacancy rate of 1.5 percent, creates an extreme demand for affordable units at the low end of the market that isn't met by current rental housing stock.
The Low - Income Housing Tax Credit (LIHTC) plays a critical role in the housing market by ensuring a supply of affordable rental hHousing Tax Credit (LIHTC) plays a critical role in the housing market by ensuring a supply of affordable rental hhousing market by ensuring a supply of affordable rental housinghousing.
The draft Democratic platform, released on July 1, said the party would increase the supply of affordable housing «by expanding incentives and easing local barriers to building new affordable rental housing developments in areas of economic opportunity.»
MCLEAN, VA --(Marketwired - Dec 7, 2017)- Freddie Mac (OTCQB: FMCC) today expanded its support for affordable housing with a new series of credit risk transfer securities backed predominantly by single - family rental (SFR) properties that are overwhelmingly affordable for low - income and working families.
Federal tax credit funding totaling nearly $ 4 million for eight multi-family affordable rental housing developments, which will produce or preserve more than 230 units around the state, was recently approved by the New Hampshire Housing Finance Authority (NHHFA) Board of Dirhousing developments, which will produce or preserve more than 230 units around the state, was recently approved by the New Hampshire Housing Finance Authority (NHHFA) Board of DirHousing Finance Authority (NHHFA) Board of Directors.
The Qualified Allocation Plan defines the process by which New Hampshire Housing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New HamHousing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New HamHousing Tax Credits to affordable rental housing developments throughout the State of New Hamhousing developments throughout the State of New Hampshire.
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.
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