Sentences with phrase «of affordable units at»

Below highlights notable programs with the greatest number of affordable units at risk:

Not exact matches

There's no one universal model for these policies, but they generally involve one of two things: a requirement that developers either make a certain percentage of their housing units available at below - market rates, or that has them pay a fee into a fund for affordable housing.

The Deputy Head of Macroeconomic Research Unit, Ministry of Finance, Dr. Millicent deGraft - Johnson who spoke on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and debt sustainability, improving the ease of doing business and enhancing access to affordable and long - term financing and de-risking instruments.

In addition, 216 of the affordable housing units at Kpone were allocated to the Ghana Police Service for completion.

The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).

Other initiatives discussed from the Dec. 14th agenda included Brad Hoylman speaking about the negotiations in the NYS Senate regarding the IDC; Laurie Hardjowirigo gave the Voter Reform Committee Report; Nat Johnson gave the Environmental Committee Report by stressing what was learned at the December 4 Future of Renewable Energy Forum; Erik Coler of Affordable Housing recapped the year's achievements by saying this year 42 units had been re-stabilized and he was hoping next year to add 90 more.

At Pratt, he led many successful community - planning efforts, as well as campaigns to expand affordable housing and create NYC's «inclusionary zoning» program, which requires developers seeking tax breaks to set aside 20 percent of their units for low and moderate income families and pay a living wage to their service workers.

Last week, the group Sustainable Saratoga introduced a zoning amendment that would require new apartment developments to dedicate at least 20 percent of housing stock to «affordable» units.

Currently it mandates developers who build in rezoned areas of the city pick from one of three options for affordable housing: 25 percent of their units rented to those making, on average, 60 percent of the Area Median Income, 30 percent at 80 percent of the AMI or 30 percent at 120 percent.

Mr. Cuomo also refused to say if he considered Mr. de Blasio's ambitious plan to create or maintain 200,000 units of affordable housing feasible, and said he did not know if he would speak at a planned rally of building trades workers in Albany next week.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY investments will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

HCR is in the second year of the $ 1 billion House New York program, which creates thousands of new units over five years, and is the largest investment in affordable housing in at least 15 years.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

Any condo or co-op unit valued at more than $ 1.75 million would be subject to a new city «mansion tax,» the revenues of which would be dedicated to further affordable housing construction and preservation.

The largest purely residential development last year was in West Farms at 1932 Bryant Avenue, where the Association of New York Catholic Homes and Sav Enterprises are working on a $ 147 million 15 - story project with 319 affordable housing units.

The modified proposal sets aside 75 percent of the market's ground floor retail space for food - related businesses and also ensures the creation of 150 units of affordable housing at Chelsea's Robert Fulton Houses.

Located at 260 West 153rd Street in Manhattan, this new seven - story development is named in honor of the current Chairman of HCCI and includes 50 units of affordable housing, an onsite daycare center, and new community service office for HCCI.

On topic questions included whether the administration plans to increase low - income affordable housing production, what actions are required for the administration to count a unit of housing as «preserved», whether housing built with 421 (a) tax credits anywhere in the City should require affordable units, how the de Blasio administration counts housing underway at the end of the Bloomberg administration toward its goal, what was done in this housing complex to «preserve» these units, whether units counted as «preserved» are always on a 30 year agreement, the annual average of 20,000 units created or preserved as set forth in the mayor's ten year goal of 200,000 such units and how money was spent on the 17,000 units created or preserved in 2014.

As part of House New York, the state's largest investment in affordable housing in at least 15 years, Empire State Development's 35 Mitchell - Lama developments with 8,600 existing units were transferred in 2013 to HCR.

Referring to the 70,000 people who applied for 38 affordable units in Williamsburg in December, Nyman said that the city is at risk of becoming «a gated community.»

Speaking Thursday at the St. Patrick's Day Parade, de Blasio said the nonprofit had accomplished what it was created to do: Push through proposals such as universal pre-K and his zoning changes to help create and preserve 200,000 units of affordable housing.

At St. John's Terminal, Westbrook Partners and Atlas Capital have agreed to set aside 500 of the 1,596 units as affordable or supportive housing.

The program also played into what de Blasio considers his biggest success yet in forcing developers to include affordable housing; the 1,723 - unit Astoria Cove project along the Queens waterfront, where 27 percent of the units are to be available at below market - rate rents.

The measure is meant to provide a certain amount of units in a development are set aside at below market rates as a means of preserving affordable housing in New York City.

At the time, de Blasio and REBNY were pushing for a 421 - a revamp that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

NYC Council members ripped into Airbnb.com executives at a contentious hearing, accusing the company of helping landlords transform affordable housing units into illegal hotels.

New York City is moving to have developers build at four sites, creating 10,000 units of affordable housing in the next decade.

Also at 10 a.m., Brooklyn Borough President Eric Adams unveils more than $ 2 million in Fiscal Year 2016 funds to construct and preserve hundreds of affordable housing units across Brooklyn, Calvary Community Church, 1575 St. Johns Place, Brooklyn.

Although Paul Travis, managing partner at Washington Square Partners, said they were willing to work with HPD and bring the total number of affordable apartments to 175 — out of the total 335 units — closer to what Councilman Ydanis Rodriguez was pushing to attain.

While many residents at Tuesday night's Southold Town Board meeting agreed that having affordable housing for the area's workers and retired population is important, others said they feared how a proposal to increase the number of units allowed in an affordable housing development will change the North Fork's rural character.

The affordable units will rent at 60 percent of the area median income.

According to the study, East Harlem loses nearly 300 units of affordable housing from rent protection and other regulations each year and that average costs for housing are rising at a fast clip.

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.

This project is providing not just 134 units of affordable housing, but high - quality, energy efficient homes for New Yorkers at a range of income levels, from very low - income families to those middle income families who increasingly struggle to make ends meet.

Located at 821 East Brighton Avenue in Syracuse, Onondaga County, this affordable housing preservation project is among the hundreds that form the foundation of the Governor's new, $ 10 billion House NY 2020 program to create or preserve 100,000 affordable units over the next five years.

Under MIH, the city estimates that at least 20 to 25 percent of all new residential units in East Harlem will be affordable.

His duties in that job were varied, including coordinating he town's affordable housing program, particularly the development of the The Cottages at Mattituck, a 22 - unit project built by the Long Island Housing Partnership.

The Council also voted to allow Dunn Development to lease land at the Queens Hospital Center to build 206 units of affordable housing.

A special legislative committee of the Buffalo Common Council will hold a public hearing at 5:30 p.m. Tuesday on a proposed law requiring that new apartment developments set aside a certain percentage of their units as affordable.

About $ 60 million of the $ 85 million the city has received for affordable housing from the stimulus package will go toward the construction of 739 units at three developments in East Harlem and one in East New York, Brooklyn.

HARLEM — When it opens next year, Broadway Housing Communities» 124 units of affordable housing and children's museum at 155th Street and St. Nicholas Avenue in Sugar Hill will provide the Upper Manhattan neighborhood with a much - needed boost, said city officials who broke ground on the project Thursday.

► Developers consider making 25 percent of the units affordable at a lower income range — 60 percent area median income, or $ 48,960 for a three - person family.

An East Harlem housing nonprofit said on Wednesday that it has partnered with three equity investors to retain 135 units of affordable housing at the...

The city's plan, including Mandatory Inclusionary Housing, would require any new development to set aside at least 25 percent of units as permanently affordable housing.

BROOKLYN — The city's plan to rezone East New York in an effort to bring thousands of affordable units to the neighborhood is «not the trigger for displacement» but is instead aimed at preventing locals from leaving, according to the head of the city's Department of Housing Preservation and Development.

Councilman Jumaane D. Williams also lashed out at Mr. Cuomo in his praise of the RGB, writing in a statement that the vote sent «a clear message that the City of New York is determined to provide relief for its residents, unlike Governor Cuomo and Albany who recently enacted detrimental rent laws that could eliminate approximately 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants, but offer protections against arbitrary evictions as well.»

«Every month that passes without the full M.O.U. means New York misses out on at least 1,000 new units of affordable, senior and supportive housing,» a group of advocates said in a statement on Saturday, referring to the memorandum of understanding that the legislative leaders and the governor must sign to open the funding spigot.

He said this Tuesday after President Akufo - Addo led a ceremonial ground - breaking of the first phase of a 2,000 - unit affordable housing project financed by Ghana Home Loans at Appolonia City, Accra's new city development.

«I believe the report must include an affordable housing component in the policy,» said Poloncarz, who favors a certain percentage of apartment units being offered at lower rents.

In subsidized buildings, at least 40 percent of all units will be affordable to families earning the lowest incomes — between 30 and 50 percent of AMI — or $ 23,350 to $ 38,850 for a three - person household, officials said.