Sentences with phrase «spur affordable housing development»

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 Affordable New York.

The de Blasio administration recently ran into some trouble when attempting to win community board support for its citywide rezoning proposals meant to spur affordable housing development.

Not exact matches

This development will transform a building that is part of the city's past to 147 units of affordable housing that will both enhance downtown's revival and spur nearby redevelopment.»

The reform legislation we secured remains the basis of the current 421 - a negotiations that we are hopeful will revive this critical tax abatement program and spur the development of affordable housing our city desperately needs.»

The Bronx Borough Board this week shot down two controversial zoning plans designed to spur the development of affordable housing, citing fears that accelerating gentrification will force out local residents.

A campaign would be focused around restoring trust between City Hall and the police, more support for charter schools, and leveraging Massey's connections in the real - estate world and experience with development to spur the creation of more affordable housing, said one person who has spoken with Massey about plotting a possible bid.

The two proposals — Mandatory Inclusionary Housing, which requires affordable housing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituHousing, which requires affordable housing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituhousing in some new construction, and Zoning for Quality and Affordability, which raises building heights and lifts parking requirements to spur development of senior and affordable housing — have come under fire from an array of constituhousing — have come under fire from an array of constituencies.

Summary: To amend Title 47 of the District of Columbia Official Code to establish a tax credit program for local community development financial institutions to spur the creation of more affordable housing.

This legislation establishes a tax credit program for taxpayers making an impact investment through a community development financial institution or CDFI, to spur the creation and preservation of more affordable housing.

In April, he introduced a bill to provide tax credits to spur affordable for - sale housing development.