Sentences with phrase «stock of affordable housing»

We believe projects like this serve to increase the stock of affordable housing in high costs areas such as New York,» says Ken Bacon, senior vice president of multifamily for Fannie Mae.

«By rehabilitating existing affordable units, we are actively preserving the available stock of affordable housing and addressing this national crisis.»

THE CITY OF HAYS, KANSAS, is small, but the population has grown 30 percent over the past 40 years to 21,000, straining the city's stock of affordable housing.

And municipalities are taking renewed interest in them as a way to curb foreclosures or add to their stock of affordable housing.

(Bloomberg)-- When Nashville Mayor Megan Barry was campaigning last year, she made increasing the city's stock of affordable housing a big part of her platform.

Housing activists say the hotels — where tourists rent rooms in buildings with permanent tenants — are eating into the city's stock of affordable housing because landlords are converting apartments into hotel rooms.

The PMQs exchange came as MPs found that Tory plans to give housing association tenants in England the right to buy their homes could reduce the stock of affordable housing.

Under his leadership, we are expanding the stock of affordable housing in the North Country — and we will thereby grow the entire regional economy.»

The deal, as it stands right now, is wholly inadequate to protect New York City's fast dwindling stock of affordable housing.

Corey Johnson worked for the GFI development team at 470 Vanderbilt, and at a West Village community forum on June 19, he made a strong case for the good work he and GFI did in increasing the stock of affordable housing in Brooklyn.

The policy was diminishing the stock of affordable housing, making it harder for many to get on to the housing ladder.

Because the storm destroyed much of the already limited stock of affordable housing throughout the island chain, he couldn't find much of anything.

Not exact matches

«One good shaker without seismic reinforcements could bring many of those buildings into being red - tagged and having to be demolished — thus wiping out a good portion of our affordable housing stock,» Duran said.

New York City has a rental control system designed to prevent the wealthy from exploiting the poor (with mixed results) and many other places in the U.S. have affordable housing system that creates some stock of affordable priced, price controlled housing at the expense of developer who want to sell market priced housing.

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.

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.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY investments will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

As the largest investment in New York State's affordable housing stock in at least 15 years, House NY will keep thousands of low - and moderate - income Mitchell - Lama units affordable for another 40 years.

This stems from the government belief the lack of affordable housing has been caused by a shortage of housing stock.

ALBANY — Mayor Bill de Blasio asked the State Legislature today to find $ 300 million more for the city's chronically - underfunded public housing authority, one prong of his agenda to protect the city's affordable housing stock.

By flaunting City law, illegal hotels are doing more than threatening our affordable housing stock and our quality of life.»

The State's Mitchell - Lama housing stock has long served as an irreplaceable resource of quality, affordable housing for low - and moderate - income New Yorkers,» said Rafael E. Cestero, President and CEO of CPC.

Basement apartments could become a bigger part of the city's affordable housing stock.

A de Blasio - backed bill aimed at boosting NYC's affordable - housing stock by lifting a state cap on the size of residential projects has suddenly gained steam in Albany and could be approved later this month.

Under the plan, the city would use public financing to help nonprofits buy roughly a third of the apartments currently used for the homeless, and then convert the apartments into affordable units, helping the mayor fulfill two goals: lowering homelessness and adding to the city's affordable housing stock.

«This growing trend (of short - term rentals) poses concerns for the City of New York — in particular, for our affordable housing stock and public safety,» the city's chief fiscal officer said in testimony he plans to submit before the City Council on Tuesday at a high - profile hearing on home - sharing.

«HDFC co-ops are a crucial part of the 31st Senate District's affordable housing stock, and the expansion of this program to help seniors and New Yorkers with disabilities stay in their homes is a welcome step towards preserving affordability in the area.

Lasher believes that preserving the existing affordable housing stock in the district, which has the highest number of regulated units in the city, is the answer to securing residences for low - income New Yorkers.

Peter Ward, president of the New York Hotel and Motel Trades Council, said Airbnb has been breaking laws with impunity for years, depleting affordable housing stock and threatening middle - class union hotel jobs «that are the backbone of New York's tourism economy.»

Much more than that, the preservation of the Brighton Towers Mitchell Lama complex means that it will remain affordable for Syracuse's seniors for 40 more years and that it will continue to be an important, viable part of our city's housing stock.

A bill backed by Mayor Bill de Blasio aimed at boosting the city's affordable - housing stock by lifting a state cap on the size of residential projects has suddenly gained steam in Albany and could be approved later this month, sources told The Post.

The next month, the Department of Housing Preservation and Development unveiled «Housing 2.0,» a series of proposals aimed at increasing the city's affordable housingHousing Preservation and Development unveiled «Housing 2.0,» a series of proposals aimed at increasing the city's affordable housingHousing 2.0,» a series of proposals aimed at increasing the city's affordable housinghousing stock.

These funds will support the creation of 2,331 new units of housing of all types across sixteen projects, keeping in line with Borough President Diaz's commitment to keep the borough's housing stock diverse and affordable.

Hartzog touted the city's «targeted, prudent investments» in the new budget, including the expansion of pre-kindergarten for more three - year - olds in the city, efforts to increase the city's affordable housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among housing stock, funding to protect tenants from construction harassment, increased capital funding for the New York City Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among Housing Authority, spending on mental health services and the full rollout of the NYPD's body camera program, among others.

The city has $ 98 million in contracts out with such building owners, who ironically are chipping away at the stock of affordable rental housing by repurposing their buildings for temporary quarters for the city's homeless.

Klein presented policy proposals to preserve the nation's largest housing stock and increase the funding and construction of new affordable housing units for middle - income and low - income New Yorkers.

He introduced and enacted legislation on a wide range of issues including expanding job opportunities for public housing residents; protecting the City's affordable housing stock; improving mental health resources for the LGBT community, and establishing work standards for industrial laundromats.

It's time for the State to reverse the decline of of our most precious affordable housing stock.

«The shrinking of affordable housing stock is driving up homelessness in New York City.

Standing here with hundreds of NYCHA tenants and organizers, our voices will be heard: funding NYCHA, the city's largest affordable housing stock, is a wise and necessary investment,» said State Senator Coalition Co-Leader Klein.

In his own local law practice and later working for the firm Phillips Nizer LLP, Landis made protecting affordable housing stock and tenants a focus of his work, he said.

In a telephone survey conducted for the town's Community Development plan, 72 % of residents agreed that Madison should consider expanding its affordable housing stock, [23] yet residents also expressed an unwillingness to consider high - density, multi-family housing.

SAN JOSE — With the most mobile home parks in California, San Jose may take the unprecedented step Tuesday of suspending closures of what has become a critical part of the affordable housing stock in the Capital of Silicon Valley but also a target for developers in a hot real estate market.

We are creating do - it - yourself pathways to employment in the growing clean energy sector, all while expanding the stock of efficient, affordable housing, and strengthening our city.

A network of Vermont funders, non-profits and building professionals are seeing the need to replace a mobile home housing stock that was disproportionately damaged in 2011 by tropical storm Irene as an opportunity to increase energy efficiency and access to affordable housing.

SquareOne Villages is a non-profit organization developing tiny house communities to increase the stock of transitional and affordable housing in Oregon.

President Obama has announced a comprehensive plan to bring renewable energy and energy efficiency to households across the U.S. Among the initiatives just announced is the establishment of a Passive House track by New York State Homes and Community Renewal (HCR)...» to encourage a significant increase in the energy efficiency of New York's affordable housing stock».

They were directed towards increasing the housing stock available in the social rented housing sector and were one of the means by which the state secured the delivery of affordable housing to those eligible for it.

So, why isn't this housing stock on policymakers» radar as a source of affordable housing?

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.