Sentences with phrase «owned affordable housing units»
The state will also have a goal of making 500,000 new homes more energy efficient, including state - owned affordable housing units.
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In Albany, Cuomo touted his own affordable housing plan, which will dedicate $ 10 billion to the creation of 100,000 new affordable housing units statewide over the next five years.
He has argued the city should transform 1,100 city - owned vacant lots into 50,000 units of affordable housing.
The $ 3.338 million allows local development organizations to rehabilitate units while maintaining low rents for longtime locals — many of whom make between $ 25,000 to $ 45,000 a year, according to Ismene Speliotis, executive director of the Mutual Housing Association of New York, which owns and manages 526 affordable apartment in neighborhoods including Crown Heights, Bushwick, Brownsville and East New York.
He reintroduced an idea that he proposed in February of this year — to use some of the land on the more than 1,100 vacant lots the city already owns to build affordable housing, creating a land bank and land trust that would partner with nonprofit affordable housing developers to build what Stringer has estimated could amount to 57,000 units of affordable housing citywide.
Since 2003, when Mayor Bloomberg's New Housing Marketplace Plan was launched, the HDC has raised more than $ 6.7 billion in financing and contributed in excess of $ 1 billion in subsidy from corporate reserves for the creation or preservation of more than 60,000 affordable units in privately owned and managed multifamily affordable housing develoHousing Marketplace Plan was launched, the HDC has raised more than $ 6.7 billion in financing and contributed in excess of $ 1 billion in subsidy from corporate reserves for the creation or preservation of more than 60,000 affordable units in privately owned and managed multifamily affordable housing develohousing developments.
Own a piece of a 143 unit «Naturally Occurring Affordable Housing» rental apartment community just outside D.C.