Sentences with phrase «unit affordable development»

New York, NY — Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the Almat Group and the New York City Department of Housing Preservation and Development today celebrated the groundbreaking of Sydney House, a 56 - unit affordable development in Williamsbridge, located in north central Bronx.

Brooklyn, NY — October 6, 2016 — Today, the U.S. Department of Housing and Urban Development (HUD) and the New York State Homes and Community Renewal (HCR) joined residents and development partners MDG Design + Construction (MDG), Hudson Valley Property Group (HVPG), and Marien - Heim Tower Associates LP to celebrate the renovation of Marien - Heim Tower, a 181 - unit affordable development for low - income seniors aged 62 and older.

Not exact matches

The developers of Pacific Park face some risk; the amended development agreement imposes a 2025 deadline for 2,250 affordable housing units, nearly 1,470 of which remain to be built.

The Deputy Head of Macroeconomic Research Unit, Ministry of Finance, Dr. Millicent deGraft - Johnson who spoke on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and debt sustainability, improving the ease of doing business and enhancing access to affordable and long - term financing and de-risking instruments.

Curbed article on Borough President Adams applauding the announcement of Chestnut Commons, a new 274 - unit Passive House affordable housing development in East New York.

Lieutenant Governor Robert Duffy joined State and local officials and partners to celebrate the groundbreaking of the 72 - unit development that will provide affordable homes for working families and inject millions of dollars into the economy.

Bklyner article on Borough President Adams expressing support for Edwin's Place, an eight story affordable housing development with 125 units located at 3 Livonia Avenue in Brownsville.

Since 2011, in The Bronx HCR has financed 13,794 apartments in affordable multifamily developments — including 790 supportive units — with more than $ 982 million in HCR resources which have leveraged more than $ 3 billion in other private and public sources.

The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area median income (currently about $ 86,000 for a family of three).

The team effort of the City of Buffalo, Governor Cuomo's team and HCR and ESD, Regions Bank, JPMorgan Chase Bank and CPC has allowed for the development and repurposing of the building into 53 affordable rental units being made available to Buffalo and Erie County families, including eight units for incoming international refugee families looking for a new start in Buffalo.»

Financed with State and New York City resources, developed by HELP USA, SAGE, $ 41.4 Million, 84 - Apartment Affordable Development Features LGBT Support Services for Tenants; 26 Units Reserved for Homeless Seniors

Meanwhile, urgency is clearly building for some program that incentivizes the development of housing, especially affordable units.

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.»

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.

Albany, New York, May 24, 2016 — New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Living Resources, Regan Development, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental diDevelopment, The Community Preservation Corporation, elected officials, and partners to announce the opening of Lion Heart Residences in Cohoes, a new $ 16.4 million 72 - unit development that offers affordable homes for working families, as well as apartments with support services for people with developmental didevelopment that offers affordable homes for working families, as well as apartments with support services for people with developmental disabilities.

Mr. de Blasio, in pursuit of his goal to build or preserve 200,000 units of affordable housing in a decade, wanted Albany to renew the tax credit but require all developers getting it to build affordable housing, no matter where their development was, and also wanted the program to include a mansion tax on sales of residences worth $ 1.75 million or more.

While many of the details of the plan were vague or left to be determined, City Hall intends to focus extensively on mandatory inclusive zoning, which forces developers to build affordable units in new developments — but officials said that the proportions would be determined on a zone - by - zone basis over the years to come.

NIAGARA FALLS, NY - On May 12, 2015, Governor Andrew Cuomo announced that the adaptive reuse of the former South Junior High School in Niagara Falls (561 Portage Road) into a 61 - unit mixed - income affordable housing development is moving forward with a $ 6.4 million award from New York State Housing and Community Renewal.

Brooklyn - based Second Development Services offered the library $ 6 million more than did Hudson and 117 affordable units.

New big - ticket items include a $ 1.9 billion subsidy to make 10,000 units in the mayor's affordable - housing plan even cheaper, $ 300 million to renovate homeless shelters and $ 355 million for facade repairs at city public - housing developments.

Alcántara said that if voted into Albany, she would push for more housing developments featuring 100 percent affordable units to help low - income residents.

The units are part of the 2009 affordable housing settlement reached between the federal Department of Housing and Urban Development and the administration of former County Executive Andrew Spano.

The largest purely residential development last year was in West Farms at 1932 Bryant Avenue, where the Association of New York Catholic Homes and Sav Enterprises are working on a $ 147 million 15 - story project with 319 affordable housing units.

The city's Department of Housing Preservation and Development is looking for a developer to build up to 225 affordable housing units and 68,000 square...

The newest affordable housing complex in the city is now open for residents, as sponsor Regan Development Corp. completed its $ 17.3 million makeover of the former Buffalo Milk Co. building on the West Side into new residential units.

Some of Dinkins» accomplishments include creating the city's Economic Development Corporation, launching the «Safe City, Safe Streets» initiative, which many credit with putting New York City on the path toward its recent record crime lows and building many units of affordable housing.

Department of Housing Preservation and Development Commissioner Vicki Been said the subsidies for affordable units would go up due to wage requirements attached to the projects

Bronx Borough President Ruben Diaz Jr. announced today that his office has allocated more than $ 7 million in capital funds for 10 housing developments across The Bronx, creating more than 1,500 new affordable units in neighborhoods across the borough.

The state - of - the art modern upgrades and repairs to the100 - unit Mitchell - Lama development will keep the apartments affordable for another 40 years.

This next phase of Sibley's redevelopment is supported by the state through a $ 3.5 million grant from Empire State Development; $ 3 million from New York State Energy Research and Development Authority (NYSERDA) through its Cleaner, Greener Communities program for energy efficiency upgrades; and $ 10 million from New York State Homes & Community Renewal (HCR) for affordable housing tax credits to be used to create 72 units of mixed - income senior housing and amenities.

While this development is part of the fair - housing settlement between Westchester County and the federal government, I'm proud to note that the County is going beyond the requirements of that agreement in the number of affordable housing units in the works.

May 5, 2016 - New York State Homes and Community Renewal (HCR) Commissioner James S. Rubin today announced the start of construction for the Joseph L. Allen Apartments, a new $ 17.9 million New York State funded 51 - unit affordable and supportive housing development in Schenectady's Hamilton Hill neighborhood.

Located at 260 West 153rd Street in Manhattan, this new seven - story development is named in honor of the current Chairman of HCCI and includes 50 units of affordable housing, an onsite daycare center, and new community service office for HCCI.

(May 1, 2017) New York State Homes and Community Renewal (HCR) and the Office of Temporary and Disability Assistance (OTDA) joined Housing Visions, elected and local leaders and development partners to dedicate Walnut Avenue Homes in the City of Niagara Falls, a 41 - unit development of seven new buildings and the adaptive re-use of another that is providing affordable housing for low - income households and the formerly homeless.

Investment Complements «Finger Lakes Forward» — the Region's Successful Upstate Revitalization Initiative to Create a Strong Economy and New Opportunities 60 - Unit Housing Development Offers Supportive Housing Option for 30 Individuals with Psychiatric Disabilities, Affordable Housing for 30 Low Income Families

As part of House New York, the state's largest investment in affordable housing in at least 15 years, Empire State Development's 35 Mitchell - Lama developments with 8,600 existing units were transferred in 2013 to HCR.

A joint venture between L+M Development Partners, BFC Partners and Taconic Investment Partners is spearheading the 1.65 - million - square - foot project, which will include 1,000 units of housing, half of which will be affordable.

The developer also reached a 40 - year agreement with the city's Department of Housing Preservation and Development to keep the units affordable and pledged to upgrade building security, lighting and apartment interiors.

Alicia Glen, his deputy mayor for housing and economic development, said on Monday that a mandated prevailing wage would cost the city 17,000 affordable units through the 421 - a program.

On the other hand, his ambitious plan to build 80,000 affordable units, preserve 120,000 affordable units, and foster the development of 160,000 market - rate units depends on the cooperation of the real estate industry.

The measure is meant to provide a certain amount of units in a development are set aside at below market rates as a means of preserving affordable housing in New York City.

Cuomo announced he will advance legislation codifying into state law an agreement between organized labor and developers on a lucrative tax incentive program for developments that include a certain percentage of affordable units in New York City.

The project has faced significant opposition from residents who believe that new development should include 100 % affordable units, meaning those with rental caps based on income.

And Azimuth Development Group and the Upper Manhattan Development Corporation have filed plans to bring three affordable rentals with a combined 275 units over about 213,000 square feet to the area.

Mayor Bill de Blasio, however, was a supporter of the project — seeing it as a test case for his new mandatory inclusionary zoning policy, which requires developers to insert affordable units into new developments as a precondition for construction.

Another member praised Chin for winning 500 units of permanently affordable housing within the Seward park Development Project.

The mayor said he sympathizes with residents» concerns about gentrification, development and displacement but echoed his longstanding argument that there are two options: either «do nothing» and watch rents increase and people get displaced or «do something» and at least create new affordable units when developers build luxury housing.

Southold Town's Housing Advisory Commission has been thinking of ways to spend more than $ 400,000 the town has earmarked for affordable housing, but is «holding out» in case it's needed for a larger rental unit development, according to commission chair Rona Smith and government liaison officer Denis Noncarrow.

8,628 Units in Mitchell - Lama affordable housing developments statewide that will be preserved under a transfer of the units» loan portfolio [Governor Andrew Cuomo's OfUnits in Mitchell - Lama affordable housing developments statewide that will be preserved under a transfer of the units» loan portfolio [Governor Andrew Cuomo's Ofunits» loan portfolio [Governor Andrew Cuomo's Office]

While many residents at Tuesday night's Southold Town Board meeting agreed that having affordable housing for the area's workers and retired population is important, others said they feared how a proposal to increase the number of units allowed in an affordable housing development will change the North Fork's rural character.