Sentences with phrase «of affordable rental units»

by simply shifting the number of affordable rental units that allow pets we can stop hearts from breaking and decrease homeless dogs and cats.

Our Citizens Inn Homes Program ensures ultimate stability for families through intensive case management and a portfolio of affordable rental units.

Not exact matches

While we agree with the goals, it is unclear what a «rethink» of zoning will specifically entail or what incentives they would enact to create affordable rental units.

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.

The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»

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.

Supporters of affordable housing are concerned that Alma Realty's 2.2 million - square - foot Astoria Cove project will not contain enough rental units below market rates.

Southold Town's Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Noncarrow.

Groups Urge Governor & Mayor to Negotiate New Agreement That Builds 15,000 Units of New Supportive Housing, Sets Aside 15,000 Others in New Affordable Housing Developments / Existing Rentals.

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.

Once completed, the redevelopment will provide a hotel, approximately 192 units of affordable and market rate residential rental apartments and approximately 25,000 square feet of commercial retail space and approximately 25,000 square feet of cultural arts space.

Twenty percent of the rental units included in the current design plan are considered affordable housing, and a 750 - seat school is slated to be included in the development.

Southold Town Supervisor Scott Russell is proposing to double the limits of the town's current zoning rules in order to increase affordable housing rental units across the North Fork.

Mr. de Blasio, who is focused on increasing and retaining affordable housing, is lobbying the State Legislature to strengthen rental protections to curb the number of stabilized units taken out of regulation each year.

Instead of large affordable housing complexes residents had pushed back against in the past, the supervisor also called for smaller rental housing developments no larger than 25 units scattered around the North Fork.

Meanhwile, Mayor Bill de Blasio has proposed a set of reforms, which includes applying the tax break only to rental buildings and implementing a mandatory 25 to 30 percent of affordable units.

It will involve the new construction of 11 buildings and the rehabilitation of 14 existing one and two - family houses to create a total of 49 units of affordable rental housing for low income individuals and families.

The NDP's platform does include subsidies in the form of tax breaks for landlords to construct affordable rental units, but Mulcair has refused to say if he would use the federal government's regulatory powers to tighten lending rules and cool the market.

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.

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.

Since its inception, the Agency has helped approximately 29,000 Vermont households with affordable mortgages and financed the development of approximately 8,600 affordable rental units.

With that money, Seattle will fund emergency rental assistance, loans to first - time home buyers and the construction of housing units that must remain affordable for at least 50 years.

The Royal Coconut Coast region is known for providing a range of accommodations classified in the affordable category with a broad mix of hotel, condominium, time share and vacation rental units situated along the ocean.

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 faffordable housing rental units over five rental units over five years.

Nixon Peabody is mentioned in this article for working with Silver Street Development Corp. to leverage the federal Rental Assistance Demonstration (RAD) program to increase the number of affordable housing units in a New Jersey senior housing community.

«We do feel like the expansion of (rentals by owners) has taken affordable units out of the market that could be there for employees of our resorts,» Robert Katz, chairman and CEO of Vail Resorts, said during a December earnings report conference call.

Sixty - five affordable rental units are available for every 100 very low - income income renters, according to Castro, and millions are spending more than half of their income on rent.

«In a city with a profound shortage of affordable housing, unlawfully converting rental units to operate hotels has got to stop,» Feuer said in a statement.

Another recent report out of the National Low Income Housing Coalition (NLIHC) purports an inability for renters in every state, earning minimum wage and working 40 hours each week, to afford a two - bedroom rental, giving way to a shortage of 7.4 million affordable units for low - income renter households.

With markets slowing, U.S. localities might step up inclusionary zoning rules, which require developers to set aside a portion of their new rental or for - sale units for affordable housing.

The nonprofit housing group, which launched in the early 1980s, has provided almost 1,600 units of affordable rental housing and, on the home ownership side, given almost 1,000 families, many of them earning less than $ 20,000 a year, the chance to use their sweat equity rather than their few saved dollars to buy.

Inclusionary housing emerged from the suburbs of Washington, D.C., in the early 1970s to meet two goals: Create affordable housing at low cost to local governments, and mix housing reserved for low - and moderate - income residents with higher - priced rentals and for - sale units.

In February, a nonprofit called Mercy Housing Lakefront opened 181 units of affordable rental apartments in a building that once housed Sears's catalog printing plant.

The result has been a lack of smaller homes and affordable rental units available to the baby boomers as they age or young households as they start out.

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 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.»

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 Directors.

Banning them from short - term rentals was meant to preserve scarcely affordable units for Toronto's ultratight long - term rental market, which has a vacancy rate of less than 1 percent.

In his talk, he discusses how Fannie Mae and Freddie Mac are increasing access of low income households and households in low - income / high - minority areas to affordable single - family housing and to multifamily rental units.

These programs have helped more than 400 low - income homebuyers buy their first homes and provided 750 units of affordable rental housing.

The report found a significant drop in the percentage of affordable units in seven of the nine states where Freddie Mac financed the most rental units.

At first financing, 11 percent of nearly 100,000 rental units nationwide were deemed affordable for very low - income households.

Own a piece of a 143 unit «Naturally Occurring Affordable Housing» rental apartment community just outside D.C.

Growth in the Gap between the Number of Low - Income Renters and the Supply of Affordable Units «For many low - income families, the rental housing affordability crisis is like a game of musical chairs in which there is never a chair left for them,» said Chris Herbert, Research Director at the Harvard Joint Center for Housing Studies.

CoStar identified 5.5 million units of naturally occurring affordable housing — or 36 percent — within the multifamily rental market.