Sentences with phrase «time of the affordable unit»

Rent numbers won't be finalized until the time of the affordable unit lottery, Monadnock Development says, but rent in the 22 units can not exceed more than 30 percent of the residents» annual income.

Not exact matches

«There's a lot of literature that shows a lot of the time these fees don't result in a ton of units and that it's not the best way to address the affordable housing crisis.

In an interview with the Observer Monday afternoon, Ms. Been said that the city will try to work with building owners to help pay for energy efficiency overhauls or capital improvements in exchange for agreeing to keep rents affordable for a period of time, or even enter the units into rent regulation.

At the time, de Blasio and REBNY were pushing for a 421 - a revamp that would have required any building in the city that received the tax benefit to reserve some units for affordable housing, as opposed to simply imposing it in parts of the city.

For the first time in his two - year - old mayoralty, NYC Mayor Bill de Blasio is facing broad - based grassroots resistance, which has coalesced against major components of his plans for creating 200,000 affordable housing units in 10 years.

In an exclusive Op - Ed that appeared right here in The Manhattan Times, Congressman Espaillat urges Mayor Bill de Blasio to commit to creating 5,000 new units of affordable housing in Washington Heights and Inwood as a condition to supporting a rezoning of Inwood.

The San Francisco metro area saw just over 9,000 new affordable units created in the course of more than three decades, and the D.C. area gained a little more than 15,000 in the same time frame.

The mayor has declared the plan on time and within budget and earlier this year he also announced an additional $ 1.9 billion investment to create 10,000 more affordable housing for low - income earners, including 5,000 more dedicated senior housing units, for a total of 15,000 senior units under the plan.

«Former HPD Secretary Shaun Donovan laid a terrific foundation of 94,000 affordable units during that time.»

For sure, with starting prices of $ 21,990 for a base SR Turbo (prices for the Nismo model haven't been announced at time of writing), it's far from being affordable, but this unit does have some benefits.

CCIP has counseled over 4,200 families, assisted 722 first - time home buyers in securing mortgage financing, down payment, and closing cost assistance, made home ownership possible for 59 low - income families through an innovative lease - purchase program, and provided 95 first - time home buyers with affordable homes through the rehabilitation of 90 vacant units and the construction of 16 new townhouses.

Deed of Trust and Loan Agreement Provisions: The City's First Time Homebuyer Program requires that units assisted with HUD HOME funds remain affordable to low - income purchasers for the stated term of compliance and until the unit is sold and the HOME subsidy is recaptured.

With that money, Seattle will fund emergency rental assistance, loans to first - time home buyers and the construction of housing units that must remain affordable for at least 50 years.

The Royal Coconut Coast region is known for providing a range of accommodations classified in the affordable category with a broad mix of hotel, condominium, time share and vacation rental units situated along the ocean.

As a long - time spokesperson for Colonial Penn Life Insurance, Alex Trebek has been telling us about how seniors between the ages of 50 to 85 can get affordable life insurance with «no medical exam and no health questions» for as little as $ 9.95 per unit.

a full time property management position with a reputable and established company where I can apply my 30 + years of hands - on experience to the direct oversight of managing conventional or affordable multi-family residential apartment units.

Under that increase, badly needed apartment buildings with units affordable to moderate - income households could, for the first time in years, be built in high - cost areas such as Boston and parts of the San Francisco Bay area.

Designed for the first - time buyer the $ 99 unit is an affordable introduction to the world of Palm computing.

The number of lost units is a fraction of the roughly 641,000 rent - controlled apartments in the city, but in a tight market the removals have had an outsized effect, tenant advocates say, eating away at the supply of affordable housing at a time when L.A. has become one of the least affordable cities in the country.