Sentences with phrase «of city subsidies»

The disbursement of city subsidies,» he said.

Not exact matches

«To reduce the threshold of innovative entrepreneurship, the government provides appropriate financial subsidies for rent, broadband access and public software for new businesses,» said John Rhee, general manager of the Los Angeles office for UBTECH, a Chinese robotics company headquartered in Shenzhen City that makes humanoid robots for the home.

China's richest man, on a buying spree in Hollywood, urged U.S. filmmakers to work more closely with the Asian country as he unveiled a subsidy meant to lure productions to his multi-billion dollar studio in the eastern Chinese city of Qingdao.

And the system set up to pay for rides — a unique municipal subsidy that covers 20 % of any ride that begins and ends in the city, 25 % if it begins or ends at the local light rail station — has already gotten others cities in the surrounding Seminole County interested in replicating it, even though it just started running yesterday.

The mayor of Jersey City, Steven Fulop, has made it clear he doesn't want to give Kushner Companies a dime of subsidy to build...

While Tesla owners are not eligible for those subsidies because the cars are foreign - made, the city of Shanghai offers free license plates for all electric car brands, saving drivers around $ 12,000 in fees.

If governments provide subsidies to these companies, they will often end up paying money to a number of companies that would have come (or stayed) in the city anyway, a waste of taxpayer dollars.

As David Dayen wrote for The New Republic during the first round of the Amazon HQ2 sweepstakes, «[T] hey're worse than a zero - sum game between metropolitan areas; they're net - negative, because the corporation extracts the subsidy while cities lose revenue that would otherwise go to education or infrastructure investment to benefit the common good.»

Critics of Amazon's approach said it would set off a race to the bottom, with cities and states trying to offer the biggest subsidy packages they could muster.

Residents of Baltimore's less affluent communities have been complaining for years about tax incentives for waterfront development and crumbs for neighborhoods struggling to survive, and no amount of explanation about the difference between tax increment financing and direct city subsidies can...

Sure they do get punished, but tell me how the monetary punishment and reduced CL squad stopped PSG from spending 400 million euros last year, or why the # 400 million Etihad sponsorship deal with Man City was not flagged as a state subsidy or maybe how RM and Barca getting subsidised by their regional banks is not an abuse of the rules if not breaking them.

Ferguson concluded that Maggie Daley's charity was benefiting from its ties to City Hall, but he stopped short of saying those developers who were awarded taxpayer subsidies were buying influence with the former mayor.

The city of Toronto Children Services has a childcare subsidy probram, which is great, and which I have been using for the past year.

A joint project of Corporate Accountability International and Dr. Nicholas Freudenberg and Monica Gagnon of The City University of New York, the guide focuses on four local policy approaches: school policy, «healthy» zoning, curbing kid - focused marketing, and redirecting subsidies to healthier businesses.

What is the city of Houston doing to support school meals, other than relying on the federal subsidy?

For its annual operating budget, the MTA also depends on state and city subsidies, as well as a dedicated tax revenue, for 43 percent of costs.

COR requested the tax breaks — which were valued at nearly $ 45 million — in October, but their approval touched off a war of words between Mahoney and Syracuse Mayor Stephanie Miner, who said the city's IDA should have negotiated a subsidy deal.

A plan to offer a $ 7.6 billion subsidy to the company controlling most of New York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green Economof New York's nuclear power plants will cost the City Of Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green EconomOf Buffalo about $ 3.35 million in added utility costs, according to a new analysis by the Alliance for a Green Economy.

Without additional subsidies from the city, the land bank will go broke by the first quarter of 2021, said Katelyn Wright, executive director of the nonprofit organization.

Without that «sustainable source of funds,» Syracuse's land bank is still reliant on the city to provide public subsidies, Wright said.

«I'm deeply disappointed that this plan that we believe fundamentally was better for the taxpayers — ended the subsidies of large amounts of luxury housing by the taxpayers, achieved more affordable housing, cut the city's subsidies, just look at the benefits of this plan,» Mr. de Blasio said today at a Brooklyn press conference.

Four leading good government groups joined the City of New York and numerous environmental and consumer watchdog groups in asking the Public Service Commission to extend the public comment period before voting on awarding up to $ 7B in public subsidies to keep four Upstate nuclear plants operating.

Though shrinking federal subsidies have severely curtailed the city's ability to offer affordable housing in the past, city officials spoke hopefully about favorable leadership on federal and state levels that might help to restore some of that long - lost funding.

It renewed rent regulations for over a million apartments in New York City, authorized property tax rebates for 2.5 million homeowners on Long Island and upstate, restructured and extended a tax subsidy for the real estate industry — the biggest source of state campaign contributions — and authorized New York City mayor Bill de Blasio's control of city schools for another yCity, authorized property tax rebates for 2.5 million homeowners on Long Island and upstate, restructured and extended a tax subsidy for the real estate industry — the biggest source of state campaign contributions — and authorized New York City mayor Bill de Blasio's control of city schools for another yCity mayor Bill de Blasio's control of city schools for another ycity schools for another year.

Known as a «big ugly» in Capitol jargon, the bill extended rent regulations and the 421 - a real estate subsidy program, authorized $ 1.3 billion in property tax rebates, renewed mayoral control of New York City schools for another year, released $ 250 million for mandated expenses of non-public schools and demanded more transparency for controversial state testing.

Mr. de Blasio's team argued that the program would ensure the creation of middle class housing, and thus free up city subsidies that they could then devote solely to financing apartments for the poor.

In what could set off a major City Hall battle, two City Council members from the Bronx plan to propose a bill on Tuesday that would guarantee wages of at least $ 10 an hour, nearly $ 3 above the minimum wage, to all workers at development projects receiving public subsidies.

The city's subsidies are part of a nearly $ 130 million benefits package that the state, city and Bronx assembled to entice Fresh Direct to remain in New York, rather than move to New Jersey.

E.J. McMahon with the Empire Center, a fiscal watchdog group, say there might be some positive political fallout if the attention on the criminal charges cause New Yorkers to look more closely at some of the big projects now financed with public dollars, like the $ 750 million subsidy to the Solar City factory in Buffalo, run by Tesla chair Elon Musk.

It estimated the city would need to issue an additional $ 4.2 billion in subsidies to meet its goal of creating 80,000 new units of affordable housing.

LOWER MANHATTAN — A city agency approved about $ 84 million in subsidies Tuesday to help Fresh Direct build a new headquarters in the South Bronx, silencing objections with promises of hundreds of jobs and millions of dollars in tax revenue.

In response to a follow - up question from Gotham Gazette, Stringer's spokesperson said that the current city housing plan is not geared enough toward those in deeper poverty and with current subsidies favoring low - income households, those with extremely low - income or virtually no income face even more pressure, especially when the rezonings are taken into consideration, given that they can risk furthering the threats of displacement.

In total, the latest round of arrests makes 39 people that the city has caught illegally collecting subsidies from the Section 8 housing program, according to the New York Post.

Committee backers, including the Real Estate Board of New York (REBNY) and the Partnership for New York City, benefit from a range of policies continued, implemented, or proposed by the Cuomo administration, including low corporate tax rates, subsidies, pension reform, and real estate development plans.

«If the project is funded by skimming property tax revenue that would have been collected anyway, that's a plain old subsidy that comes at the cost of other public priorities in the city budget.»

At 1 p.m., GOP City Councilman and potential mayoral contender John Catsimatidis will protest the proposed subsidy of Fresh Direct at City Hall in Manhattan.

Cuomo, who had pushed for the revival of 421a earlier in the day at a gathering of the AFL - CIO in New York City, said the now - lapsed program is one big subsidy to begin with when asked whether such a move would be unprecedented in its scope.

A clause in the federal government's subsidy of Starrett City may jeopardize the huge development's affordability if a proposed sale is approved as is, two New York politicians warn.

There is a particular dilemma in these parts of the country where for the last 10 to 15 years they have been reliant on subsidy from Whitehall, and those subsidies were funded by explosive growth in the City of London.

Effective immediately, commercial tenants at projects receiving more than $ 1 million in city subsidies will be part of the living wage provisions, including the hourly increase.

In exchange for taking its parkland, soaking up taxpayer dollars (in the form of subsidies and tax breaks) and bringing more traffic congestion and parking woes to the area, the Yankees (and the city which backed the project) promised to provide local jobs, quickly restore parkland and give back money to community groups and programs on annual basis.

Half of the units were slated to be affordable under the deal struck between with developers that included city subsidies, according to Politco New York.

City Council members Oliver Koppell and Annabel Palma may cause an uproar in City Hall, when they propose a bill that guarantees a wage of at least $ 10 for workers of development projects that have received more than $ 100,000 in public subsidies.

The legislation «targets the crisis of confidence in city subsidy programs among landlords.

The governor also did not deny that he was the «top Cuomo administration official» quoted in the Daily News questioning de Blasio's strategy as he pushed to renew his control of the city's schools and restructure and reauthorize a real estate tax subsidy to help him build more affordable housing.

As Albany debates extending and perhaps expanding a tax on New Yorkers who earn more than $ 1 million a year, Mr. de Blasio suggested imposing a «mansion tax» of 2.5 percent on residential sales of more than $ 2 million in New York City and using that revenue to provide rent subsidies to 25,000 seniors.

Supporters also claim the city - sponsored study examines the wrong population of projects — it includes an as - of - right subsidy for industrial and commercial properties the bill is not meant to capture.

The budget included gubernatorial priorities including an expanded system of college tuition subsidies, funding for several infrastructure projects and the legalization of ride - hailing outside New York City — among other things.

Council Speaker Christine Quinn defended the bill yesterday as balanced, noting that it was changed substantially to exclude tenants of developers receiving city subsidies.

But even from her party perch, Miner called out Cuomo for his approach to fiscally stressed cities (they should seek savings and consolidation instead of handouts) and direct capital investments to large business subsidy packages as opposed to broader - based infrastructure projects.