Sentences with phrase «preservation of affordable housing»

The budget builds on last year's $ 2.5 billion funding commitment for the creation and preservation of affordable housing across the state.
«The focus this year for many affordable lenders and equity providers will be on preservation of affordable housing,» he notes.
About the New York City Housing Development Corporation (HDC): HDC is the nation's largest municipal Housing Finance Agency and is charged with helping to finance the creation or preservation of affordable housing under Mayor Bill de Blasio's Housing New York plan.
«You can not do preservation of affordable housing without legal representation» Ms. Brewer said, as she presented statistics.
Preservation of affordable housing through the improvement of safety and living conditions in existing affordable housing, mixed use and / or mixed income properties.
I can tell you as an active fund manager in the nationwide preservation of affordable housing, the competition to acquire buildings most difficult to match is in the form of either investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.
Under the current Administration, the preservation of affordable housing resources has become a major priority for the State's housing agencies.
Since the 1960s, the Catholic Church in all boroughs of New York City, through parishes, religious communities, community - based organizations and Catholic Charities, has been at the heart of the development and preservation of affordable housing.
Rodríguez stressed that preservation of affordable housing is of utmost importance to the district, noting that Community Board 12 has the largest affordable housing stock in the city.
De La Rosa said that education was also one of her key legislative concerns as well, along with pay equity for women and the preservation of affordable housing.
About New York State Homes and Community Renewal: New York State Homes and Community Renewal serves New Yorkers by fostering the creation and preservation of affordable housing, working strategically to revitalize neighborhoods and communities, and promoting fair housing opportunity throughout the Empire State.
As part of his $ 1 billion House New York Program, Governor Andrew Cuomo has made the creation and preservation of affordable housing a priority.
The chart and article below from AHF Magazine clearly demonstrate that once again New York State Homes and Community Renewal is a national leader in the development and preservation of affordable housing.
«As the cost of living in New York City continues rising, we recognize that the creation and preservation of affordable housing is imperative to ensuring New Yorkers can continue to live and thrive in our diverse neighborhoods,» City Council Speaker Melissa Mark - Viverito said in a statement after the vote.
«We strongly support the Affordable Housing Credit Improvement Act of 2017 (S. 548), which over time would increase the allocation of 9 percent LIHTC by 50 percent, which would provide critically needed capital for the development and preservation of affordable housing,» says Andrea R. Ponsor, executive vice president for policy for Stewards of Affordable Housing for the Future (SAHF), a non-profit collaborative of 13 multi-state affordable housing developers.
The agency states the Trump Administration is «seeking to stimulate the production and preservation of affordable housing... by pursuing housing finance reform [to] unwind the federal government's role in the private mortgage market and ease the stress on rental markets.»
The NJ Housing and Mortgage Finance Agency works closely with developers, providing a variety of services and programs to assist them with the production and preservation of affordable housing.
The Division of Multifamily Lending / Preservation offers several financing options to assist sponsors and developers in the preservation of affordable housing.
Under the current Administration, the preservation of affordable housing resources has become a major priority for the State's housing agencies.
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