Sentences with phrase «says affordable properties»

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Real estate developers are under pressure in China to refurbish older properties for rental purposes to ease a supply shortage in the market for affordable housing, says Peter Churchouse of Portwood Capital.

«With fewer bargain - priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year,» he said.

Samuel Tan, executive director at KGV International Property Consultants, said approvals for all new serviced apartments in Johor have been frozen since 2014 and existing projects were introducing more affordable properties at around 600,000 ringgit instead of 800,000 to 1 million ringgit.

Mr Joyce said while Labor's policy to restrict negative gearing to new properties will make houses more affordable, it will erode the value of houses and pose a risk to banks.

The district bought the $ 150,000 property with an eye on investing in undeveloped land while it is still affordable, he said.

The prime minister promised to put the chronic shortage of affordable housing in Britain at the top of his political agenda and announced the bill, saying it would aim to put the property ladder «within the reach not just of the few but the many».

The council says it stopped using Boundary House to temporarily house some of its homeless families due to the shortage of affordable move - on accommodation in that area, and points out that the government's welfare reforms have led to an increasing number of properties being unavailable to those on housing benefit.

Schneiderman says the program is designed to address two problems — the ongoing shortage of affordable rental homes and epidemic of abandoned and dilapidated properties that invite crime and drag down property values.

In addition, the Observer said, Quinn pushed forward the Permanent Affordability Act, driven to convince city landlords to convert a portion of their properties for affordable use in exchange for property tax caps.

The property tax relief fits in with the mayor's goal of making housing affordable, Ignizio said, by preventing storm victims from being priced out by tax bills after making expensive repairs.

Asked what she would do to maintain existing affordable housing and create more, Malliotakis said she would focus on capping property taxes.

MPs have urged the government to work with local authorities to deliver affordable rental properties and says that local housing benefit levels should be reviewed to more closely reflect market rents.

Mayor Bill de Blasio's administration said it was working rapidly to remove families from cluster sites into safer properties, but noted the number of families in need far exceeds the limited available supply of affordable housing.

Southold Town Supervisor Scott Russell said Thursday he will propose legislation this year to encourage affordable housing development by allowing apartments in commercial properties.

Through programs like «The Bronx Clean Energy and Housing Initiative,» we can green our existing housing stock, keep energy costs low for property owners while simultaneously keeping rents affordable for tenants,» said Borough President Diaz.

«Just weeks after Governor Chris Christie announced his Cap 2.5 Reform Agenda to bring real property tax relief to New Jerseyans, a Democratic gubernatorial candidate in New York is embracing Governor Christie's approach to cap property taxes, control skyrocketing costs, and make services affordable for taxpayers again,» the statement says.

Commissioner / CEO Towns said, «Governor Andrew Cuomo's Mid-Hudson Regional Economic Development Council is working with The Community Builders and local partners to replace a long - abandoned property with an attractive, high - quality development that will provide affordable homes and spur economic activity.

«That's a private development so we don't have control over the property, that's between the private developer, but when the city puts in dollars we always make sure that there's an affordable component,» said Rochester Mayor Lovely Warren.

Mayor Bill de Blasio isn't happy that Fortis Property Group scrapped affordable housing from its Long Island College Hospital project, saying those involved in...

Denis Noncarrow, the town's government liaison officer, said the changes would lead to «putting out a wider net» for property owners to create more affordable housing apartments in their homes or on their land.

«The assertion that we let city - owned properties languish in the face of an affordable housing crisis is simply wrong,» said Melissa Grace, a spokeswoman for de Blasio.

The city entered into the deal with Tahl Propp Equities, Bellwether Enterprise and Enterprise Community Investment Inc., all of which acquired the properties, to curb the city's affordable housing crisis and help longtime residents, Mayor Bill de Blasio said.

Hawkins said that high property taxes are a major reason why so many working - class renters and homeowners do not have affordable housing.

«The assertion that H.P.D. allows vacant city - owned properties to languish in the face of the affordable housing crisis is simply wrong,» HPD Commissioner Vicki Been said in a statement.

City Councilman Brad Lander, Public Advocate Letitia James, City Comptroller Scott Stringer, State Senator Velmanette Montgomery and other officials say they're «deeply concerned» that developer Avery Hall Investment's plans for the property «do not meet the community's need for a large, affordable supermarket and sufficient affordable housing for our diverse community.»

Albanese had reiterated support for a pied - a-terre tax, which would apply to luxury properties owned by wealthy individuals not residing in them, and bashed de Blasio's plan, saying «the problem with his numbers is that the housing is not affordable.»

Locals who were surveyed about the property said their top priorities for the site are a roomy, «community - oriented» supermarket and apartments that are affordable to very low - income families, according to the Brooklyn officials» letter.

Bashner, a lawyer who wants to build new affordable housing on NYCHA property, with priority for current residents, said, «I think the mayor's doing a terrible job on affordable housing.»

«The governor's proposal raises the city's cost in foregone property tax revenue in order to subsidize construction workers» wages, without increasing the expected number of affordable housing units,» she said.

421 - a & Affordable Housing Money Heastie said Tuesday that there was significant agreement on the new 421 - a property tax abatement program that is meant to spur affordable housing development in the most expensive New York City neighborhoods, and that while there were still concerns, the Assembly would pass Cuomo's version, known as AffordableAffordable Housing Money Heastie said Tuesday that there was significant agreement on the new 421 - a property tax abatement program that is meant to spur affordable housing development in the most expensive New York City neighborhoods, and that while there were still concerns, the Assembly would pass Cuomo's version, known as Affordableaffordable housing development in the most expensive New York City neighborhoods, and that while there were still concerns, the Assembly would pass Cuomo's version, known as AffordableAffordable New York.

Following property taxes, 16 % said the most important issue is gun shows at the Westchester County Center, 12 % said jobs and the economy, and 9 % cited affordable housing.

«Too many communities across this state are still plagued by the blight of vacant and abandoned properties, while at the same time suffering from a critical shortage of affordable housing,» Schneiderman said in a statement.

Holmes said leaders may also consider more innovative options too, like constructing future affordable housing sites on surplus school properties to increase access to new schools for low - income children.

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Lisa Guelfi, a Partner in the social housing development team at Clarke Willmott, said: «Key issues for housing associations, such as availability of grant funding, rent review restrictions which are limiting the number of affordable rented properties being provided, and the question of what will happen with Right to Buy receipts from the Midlands pilot and beyond, aren't really addressed.

A key challenge, she says, is ensuring that NAR helps to maintain an available and affordable supply of property insurance, without which real estate transactions would grind to a halt.