Sentences with phrase «permanent affordable units»

This proposal includes $ 10 billion for 100,000 permanent affordable units.

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.

Not exact matches

The new project is expected to provide 600 units of permanent affordable housing on Manhattan's Far West Side.

He also recommended that the building have more permanent affordable housing — beyond the 166 units of affordable apartments included in the current plan — and suggested some units be set aside for formerly homeless families.

If the 2,250 affordable units are not completed by the deadline, the developers will have to pay a penalty of $ 2,000 per month per apartment without a temporary or permanent certificate of occupancy, according to the joint venture's agreement with Empire State Development.

The units created under the program are now part of the permanent affordable housing stock and will be bought and sold with the help of real estate practitioners for the next 30 to 50 years.