Sentences with phrase «of the affordable units for»

In addition, the deal would tinker with the third option, reducing the income bracket to an average of 115 percent of the AMI, and requiring that the developer price one - sixth of the affordable units for families making 70 percent of the AMI, and another six for families making 90 percent.

Not exact matches

In 2016, her team financed the construction and rehabilitation of 14,000 affordable housing units for low - income families and seniors in over 90 US cities.

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.

Reliable long - lasting function, six medium - sized compartments, works for all kinds of food, easy to operate, keeps wet food fresh up to 24 hours, skid - proof base keeps unit from sliding, affordable price

Pros: Reliable long - lasting function, six medium - sized compartments, works for all kinds of food, easy to operate, keeps wet food fresh up to 24 hours, skid - proof base keeps unit from sliding, affordable price

And most of all, don't increase those Affordable Housing Opportunity Fund fees developers would pay for opting out of building affordaAffordable Housing Opportunity Fund fees developers would pay for opting out of building affordableaffordable units.

The reservation of 100 units of Tesla's all - electric truck represents the largest pre-order to date, a significant milestone for the Silicon Valley - based company who's looking to disrupt the commercial trucking industry with more affordable and environmentally conscious transportation.

The units are affordable for those earning no more than 60 percent of the area median income.

The developers of Pacific Park face some risk; the amended development agreement imposes a 2025 deadline for 2,250 affordable housing units, nearly 1,470 of which remain to be built.

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.

Two real estate developers hired the law firm to represent them in tax challenge cases in return for Silver allegedly backing the renewal of state tax incentives for developers of large housing projects that include affordable units, according to federal charges.

«Getting rid of cluster sites actually achieves two things — it gives places for families that are homeless to have services available to them, and it gives us back some of these affordable units that are so incredibly necessary,» said State Senator Gustavo Rivera.

Lieutenant Governor Robert Duffy joined State and local officials and partners to celebrate the groundbreaking of the 72 - unit development that will provide affordable homes for working families and inject millions of dollars into the economy.

CityLand article on BP Adams recommending the approval of a land use application for the construction of 251 affordable units above a revamped local vendor market and community facility in Flatbush.

He has called on the city to create 5000 units of affordable housing, with 1000 designated specifically for seniors, in both Inwood and Washington Heights.

The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market - rate units for seniors and physically - handicapped persons.

A statement read by a representative from Congressman Adriano Espaillat's office asked the mayor to provide 5000 new units of affordable housing, with a designation of 1000 units specifically for seniors.

Manhattan Borough President Gale Brewer said the city must make modifications to the plan to gain her support, such as the addition of «significantly more new affordable units,» a delay in the rezoning of the commercial district, and $ 7.5 in funding for anti-displacement programs.

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).

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.»

Meanwhile, urgency is clearly building for some program that incentivizes the development of housing, especially affordable units.

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.

«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 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,» he added.

Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.

Governor Andrew M. Cuomo today announced $ 20 million is available for the construction of new affordable housing units damaged by Superstorm Sandy, Hurricane Irene or Tropical Storm Lee.

Despite the urgent need for affordable housing uptown, Jackson indicated that Sherman Plaza would not be a good deal for the community, as the affordability level of many of the units would still be too high.

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.

The newly constructed complex, three separate properties utilizing state - of the art energy efficiency, consists of 77 affordable units, including 15 units for people with developmental disabilities.

One of the De Blasio administration's core initiatives is its Housing New York plan, created in 2014 with the goal of adding or preserving 200,000 affordable units for New Yorkers by 2022.

Albany, New York, May 24, 2016 — New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilities.

In an interview with the Observer Monday afternoon, Ms. Been said that the city will try to work with building owners to help pay for energy efficiency overhauls or capital improvements in exchange for agreeing to keep rents affordable for a period of time, or even enter the units into rent regulation.

Shephard said that Mayor Bill de Blasio's plan to greatly expand the city's number of affordable housing units provides an opportunity for developers to incorporate solar and clean energy into lower - income neighborhoods.

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.

She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.

In 2014, HCR set an agency record by financing the creation or preservation of 9,363 affordable housing units, including affordable homeownership opportunities for more than one thousand families.

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.

«It erodes the longtime partnership between the City of New York and the owners of rent - stabilized units that ensure affordable housing for millions of New Yorkers,» he said in a statement.

«But 80 percent of those units are not going to be affordable for the people in the communities where they're being built.»

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.

The city's Department of Housing Preservation and Development is looking for a developer to build up to 225 affordable housing units and 68,000 square...

The newest affordable housing complex in the city is now open for residents, as sponsor Regan Development Corp. completed its $ 17.3 million makeover of the former Buffalo Milk Co. building on the West Side into new residential units.

City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000 affordable housing units for the middle class over the next 10 years, DNAinfo reported.

Surrounded by a phalanx of supportive fellow City Council members and activists from the Real Affordability for All coalition outside City Hall today, Council Member Costa Constantinides called for more affordable units in the proposed 8.7 - acre, 1,723 - unit Astoria Cove rezoning that reached the Council last week following its approval by the City Planning Commission.

Department of Housing Preservation and Development Commissioner Vicki Been said the subsidies for affordable units would go up due to wage requirements attached to the projects

In a statement, the de Blasio campaign said, «Bill de Blasio has put forward the most comprehensive affordable housing plan of any candidate for Mayor — one that will create or preserve 200,000 units of affordable housing and require developers to build more permanent affordable units.

City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000 affordable housing units for the middle class...

He's reduced taxes and debt twice, continued to make water quality a signature issue, and addressed his long - standing concerns over the lack of affordable housing on the East End by working with developer Georgica Green Ventures and community members to gain town board approval for a 38 - unit workforce housing project in Speonk.

The $ 145.3 billion spending plan increases school aid next year by just under $ 1 billion (which school boards say is not enough) and over the next five years commits to build thousands of units of affordable housing for the homeless, contribute $ 8.3 billion to the Metropolitan Transportation Authority, spend $ 22 billion on upstate roads and bridges, cut taxes for small businesses and create a rebate for Thruway toll payers.

The state - of - the art modern upgrades and repairs to the100 - unit Mitchell - Lama development will keep the apartments affordable for another 40 years.