Sentences with phrase «percent of the affordable housing»

«How is it that a community with a need as great as ours has not even received 1 percent of the affordable housing built in Manhattan?»

Ten percent of the affordable housing units will be available to households earning 40 percent of the area median income or below.

It accounts for about 90 percent of all affordable housing built in the United States.

Not exact matches

Specific policies include the 30 - 50 Plan to Fight Poverty, which is committed to reducing the number of people living below the poverty line by 30 percent and the number of children by 50 percent; an Affordable Housing Plan; pursing the long - term goal of a national high - quality, universal, community - based, early education and child care system; increasing the Guaranteed Income Supplement by $ 600 per year for low - income seniors; and creating a new relationship with Canada's First Nation, Inuit and Métis peoples, including re-instating the Kelowna Accord.

Investments include increases in affordable - housing and small - business lending totaling around $ 15 billion, a raise in hourly wages for 22,000 employees of an average 10 percent, 400 new branches in U.S. banking markets and bigger philanthropic contributions.

Syracuse will receive a boost of almost 15 percent in federal aid for affordable housing and community development after Congress spared programs Trump wanted to eliminate in this year's budget.

He led about 40 community residents on a short tour of properties that could be converted into 100 percent affordable housing.

U.S. Congressman Adriano Espaillat took elected officials and community members on a walking tour this Sun., Mar. 18th of vacant lots where he said that the city could build 100 percent affordable housing.

It sought to protect existing businesses, limit the heights of building, create buildings with 100 percent affordable housing and change the city's definition of what «affordable» means in Inwood.

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.

Our state can be an inspiring example of full employment at living wages, health care for all, affordable housing, quality public education, and 100 percent clean, climate - stabilizing energy.

Local apartment rents increased, the eviction rate was a bit higher than the state average and about 14 percent of Manchester's housing was labeled affordable last year, according to a recent report from the town planning department.

Build Affordable Housing: 51 percent of renters and 34 percent of homeowners in New York pay more than the federal affordability standard of 30 percent of income for hHousing: 51 percent of renters and 34 percent of homeowners in New York pay more than the federal affordability standard of 30 percent of income for housinghousing.

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.

Right now, all new development that qualifies for 421 - a must set aside 20 percent of the project for affordable housing.

Nearly 11 million American households pay over half of their income in rent despite the fact that the Department of Housing and Urban Development (HUD) defines «affordable housing» as housing costing below 30 percent of a family's income foHousing and Urban Development (HUD) defines «affordable housing» as housing costing below 30 percent of a family's income fohousing» as housing costing below 30 percent of a family's income fohousing costing below 30 percent of a family's income for rent.

In her testimony before the Council, Ms. Glen noted that the 421a credit — a frequent target for liberals — is available for most projects across the city, but developers are only required to include any affordable housing in their buildings in the so - called «geographical exclusion area» covering just 16.5 percent of the city.

The Rent Guidelines Board says most tenants in rent - stabilized apartments spend more than 30 percent of their income on rent and utilities, which is the federal standard for affordable housing.

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 421 - a tax credit that gives developers a tax break for setting aside 20 percent of a building for affordable housing will continue for four years.

But the biggest change to the project was a requirement that the developer shift 30 percent of its proposed $ 17 million donation to the High Line Improvement Fund — roughly $ 5.1 million — to affordable housing projects in the neighborhood.

The coalition alleges that half of the affordable housing in South Williamsburg has gone to Hasidic allies of Lopez and other whites, while 90 percent of the people waiting for such housing are black and Hispanic.

He claimed that the new affordable housing wouldn't bring the anticipated reprieve to the neighborhood's housing demand, but would be unaffordable for 55 percent of East New York's current residents.

In a statement released Tuesday, Stringer claimed that the new affordable housing units created under the rezoning plan would in fact be unaffordable for 55 percent of East New York's current residents, and that the market rate units would be unaffordable for 84 percent.

Currently, the 421 - a program requires developers to set aside 20 percent of their projects as affordable housing — but only in certain parts of the city.

She noted that under one option, 30 percent of these projects would have housing at 130 percent of the area median income, which she said isn't sufficiently affordable.

Reynoso — who scored around 6,452 votes over Torres» 3,527, or 64 percent — will likely get another four years to promote affordable housing in the district, a community - driven rezoning in Bushwick and reforming the sanitation industry with the goal of cutting down truck traffic.

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.

He defended his record, which he said includes the universal prekindergarten initiative, his affordable housing plan, the city's work to support and protect immigrants and reducing the use of the stop and frisk policing method «93 percent while driving down crime.»

Developers of these buildings will also be required to set aside between 25 and 30 percent of units as affordable housing, in accordance with suspended legislation that's been held up in Albany.

NEW YORK CITY — Illegal hotel complaints increased 62 percent last year because short - term rental sites such as Airbnb are violating the law, hurting efforts to provide affordable housing and placing the safety of legal tenants at risk, elected officials said Tuesday during a marathon City Council hearing.

Committee Chairman David Greenfield noted that the 27 percent of units set aside for below - market rents is the largest affordable housing percentage agreement in city history.

In October, the same group of elected officials who signed the FOIL request penned a letter to the EDC saying the armory should have 100 percent affordable housing, among other things.

Affordable housing is defined by the federal government as costing less than 30 percent of household income.

Twenty percent of the residential component will be affordable housing.

De Blasio's plan, which was first outlined in early May but has been criticized by Governor Andrew Cuomo, would give choices for struggling, middle and strong housing markets, requiring developers to set aside somewhere between 25 percent and 30 percent of a project for affordable housing.

The lowest current affordable housing option, 40 percent of AMI, remains just that, an option.

Under the proposals approved by the City Council, the council member whose district a development is in chooses from several options, mandating different percentages of permanent affordable housing for people making anywhere from 40 percent of area median income, or AMI, to 115 percent.

Developers in Manhattan and parts of Brooklyn and Queens are required to set aside 20 percent of newly created housing for «affordable» units while developers elsewhere — roughly 84 percent of the city's landscape — can get the benefit without building any affordable units.

Both programs focus on maintaining or creating affordable housing — a big issue for a city where more than 30 percent of New Yorkers spend more than half of their income on rent.

It would be on top of another 1 percent «mansion tax» the state collects on homes over $ 1 million — a tax which is not dedicated to affordable housing.

The federal government sets 30 percent as the upper limit for housing that's deemed «affordable,» meaning more than a third of Buffalo's residents can't really afford the rental housing... (read more)

The tax would apply a 2.5 percent property transfer surcharge on home sales of more than $ 2 million, generating $ 336 million and fund affordable housing for the elderly.

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.

In this city, if you take the thirty percent of the people who are homeless and working and give them a real affordable housing unit, I mean a real, low - income affordable housing unit, that's how you reduce the homeless in this city.»

Under the existing code, any development of five housing lots or more must set aside 20 percent as affordable housing.

The New York State Association for Affordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing DeAffordable Housing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing DevelHousing was floating a plan to give a 100 - percent exemption to properties with four or more units for 60 years, in exchange for an undefined amount of affordable housing, according to the Association for Neighborhood and Housing Deaffordable housing, according to the Association for Neighborhood and Housing Develhousing, according to the Association for Neighborhood and Housing DevelHousing Development.

The city's Department of Housing Preservation and Development proposed that at least 50 percent of all the housing created in East New York would be affordable to local resHousing Preservation and Development proposed that at least 50 percent of all the housing created in East New York would be affordable to local reshousing created in East New York would be affordable to local residents.

With 27 percent of tenants covered already, Levine said that number would climb even higher when all the city's new programs were online and with other help pledged for those in neighborhoods being up - zoned through the mayor's affordable housing plan.