Sentences with phrase «units of affordable housing»

Now it's being developed into the future home of The Canary District, which will include 805 market condominiums, 28 townhomes and 12 loft units; top - tier retail space; 253 units of affordable housing with a broad range of housing types, including two - storey maisonettes and one - and two - storey apartments; George Brown College's first student residence; and a YMCA complex housing a pool, gym, fitness centre and community facilities.
«In higher rent areas we are at risk of losing more units of affordable housing,» says Arrowsmith.
As a result of the lower corporate tax rate, over the next 10 years the LIHTC program will probably produce 235,000 fewer units of affordable housing, according to an analysis by Novogradac & Co., an accounting firm based in San Francisco.
That will add up to about 29,000 more units of affordable housing over the next 10 years.
To date, New Directions has created nearly 500 units of affordable housing in Chicago and the surrounding suburbs.
It helps finance more than 100,000 units of affordable housing every year.
Supported by a small fee on large - scale commercial and institutional development, Boston's Linkage program has helped create or preserve more than 5,300 units of affordable housing.
The National Affordable Housing Trust Fund Act, S. 1248 in the Senate and H.R. 2349 in the House, which may be reintroduced this year, would tap an estimated $ 28 billion in revenue generated by FHA and Ginnie Mae, the FHA securities packager, between now and 2008 to finance some 1.5 million units of affordable housing.
The LIHTC program preserves or creates roughly 100,000 units of affordable housing a year.
Almost 10 months after Hurricane Harvey drenched parts of Texas, many units of affordable housing still aren't repaired and probably never will be.
ROEM Corporation has just completed construction on 134 units of affordable housing that will be available to households below sixty percent of the County's median income.
Release of 100 % Affordable Housing RFP to Advance State Commitment to Build 3,000 Units of Affordable Housing in Central Brooklyn
Bellwether buys land in U District for 133 units of affordable housing Daily Journal of Commerce August 2, 2016
NeighborWorks Umpqua has developed 490 units of affordable housing and helped over 400 homeowners rehab their homes.
ROEM Corporation has just completed construction on 134 units of affordable housing that will be available to households below sixty percent of the County's median income.
The plans, known as Mandatory Inclusionary Housing (MIH) and Zoning for Quality and Affordability (ZQA), are designed to facilitate the mayor's plan to create or preserve 200,000 units of affordable housing across the five boroughs.
The city controls hundreds of vacant parcels of land that could be used for some 50,000 units of affordable housing, according to a new report by City Comptroller Scott Stringer.
Several dozen members of various community groups organized under the coalition of «Real Affordability for All» gathered on the steps of City Hall to voice their concerns about Mr. de Blasio's housing program, which aims to build and preserve 200,000 units of affordable housing over the next decade.
Cuomo in January proposed a $ 20 billion homeless and housing plan, half of which would be to create and preserve 100,000 units of affordable housing statewide.
Developing and Preserving Affordable Housing: Over 100,000 New Yorkers have access to 40,000 - plus new units of affordable housing.
Mr. Wright, however, was hazier on the details of how to reconcile such a moratorium with Mayor Bill de Blasio's plan to construct and maintain 200,000 units of affordable housing, which hinges in part on re-zonings and outlays for upper - income construction that devotes 20 percent new units for low - and middle - income earners — a plan Mr. Wright said he was «very much in support of.»
De Blasio throughout the evening repeatedly defended the plan, claiming it's a key component to fulfilling his promise to create and preserve 200,000 units of affordable housing in the city over 10 years.
400 units of affordable housing was destroyed, with no affordable housing built to replace them.
An East Harlem housing nonprofit said on Wednesday that it has partnered with three equity investors to retain 135 units of affordable housing at the...
According to Astorino, the county has met the requirement to build more than 750 units of affordable housing in different areas across the county.
The city is accelerating its plan to build or preserve 200,000 units of affordable housing and boosting the end goal by 100,000 apartments, Mayor de Blasio announced Tuesday.
And he said he received most of what he wanted regarding the real estate tax breaks, which will lead to the addition of tens of thousands of units of affordable housing.
«The expertise on that board is what enabled us to get 500 units of affordable housing [for Riverside Center],» Brewer said by phone Tuesday.
The study predicted that by 2010, Ulster County would need 2,912 units of affordable housing to meet the demand.
The Brooklyn Democrat said yesterday that he would not allow new residences for the poor to go up in the right - leaning borough — in spite of Mayor Bill de Blasio's ambitious goal to create or maintain 200,000 units of affordable housing citywide.
«It's inexplicable since the project will generate nearly 500 units of affordable housing, thousands of jobs and upgraded boilers for the Astoria Houses,» Barowitz told The Post.
HARLEM — When it opens next year, Broadway Housing Communities» 124 units of affordable housing and children's museum at 155th Street and St. Nicholas Avenue in Sugar Hill will provide the Upper Manhattan neighborhood with a much - needed boost, said city officials who broke ground on the project Thursday.
He reintroduced an idea that he proposed in February of this year — to use some of the land on the more than 1,100 vacant lots the city already owns to build affordable housing, creating a land bank and land trust that would partner with nonprofit affordable housing developers to build what Stringer has estimated could amount to 57,000 units of affordable housing citywide.
That too few details have been provided about the creation of 694 units of affordable housing as part of the three projects.
Lev Dassin, the acting United States attorney for the southern district of New York, and Tony West, the assistant attorney general for the civil division of the Department of Justice, announced today that Westchester County has agreed to fund the building of 750 units of affordable housing in areas with low racial and ethnic diversity in order to settle a lawsuit brought against it by the United States under the False Claims Act as well as the Housing and Community Development Act.
Community boards across the city widely rejected de Blasio's plan, which is part of his strategy to create and preserve 200,000 units of affordable housing by 2024, because members disagreed with its citywide approach to rezoning and didn't think it was affordable enough for many New Yorkers.
Monday afternoon to tout the project by Genesis Companies as an example of his rezoning proposals and his plan to build or preserve 200,000 units of affordable housing by 2024.
Still, of the 165,000 units of affordable housing created or preserved under Mayor Bloomberg, fewer than 10,000 were allotted to older residents, according to a recent report from the Council of Senior Centers and Services.
In December, the Department of Justice said that the 28 units should count towards the 2014 benchmark for financing under the 2009 federal housing settlement, which calls for the building of 750 units of affordable housing in 31 mostly white municipalities.
The Council also voted to allow Dunn Development to lease land at the Queens Hospital Center to build 206 units of affordable housing.
Yesterday, Mayor Bill de Blasio and Comptroller Scott M. Stringer announced a partnership to establish a $ 350 million fund to support affordable housing throughout New York City, marking a major investment in the administration's historic plan to create and preserve 200,000 units of affordable housing.
In one passage of the written transcripts from June 2015, Astorino says «HUD is trying to change the rules of the agreement in the middle of the game... as part of the settlement the county has to build 750 units of affordable housing in 31 eligible communities... In the middle of the game we get a letter from HUD saying, «not good enough, not good enough, we want you to do X, Y, Z.»»
The proposals, which would require approval by the State Legislature, are central to the mayor's promise to build or preserve 200,000 units of affordable housing over 10 years.
Two - hundred thousand units of affordable housing.
But today Mr. Cuomo announced plans to pour state money into the issue: $ 20 billion over five years — to help fun 100,000 units of affordable housing across the state, and to pay for 6,000 new supportive housing units over five years and 1,000 emergency beds.
Among his primary budget items: a $ 20 housing plan — which included $ 10 billion to build 100,000 units of affordable housing and $ 10 billion for housing for the homeless — and also a proposal to spend $ 22 on fixing roads and bridges.
«As I've said, over the last couple of decades we've lost several hundred thousand units of affordable housing.
The denial of the county's AI comes despite its success in clearing a hurdle of developing more than the 750 units of affordable housing required in its HUD settlement by the end of 2016.
The city is accelerating its plan to build or preserve 200,000 units of affordable housing and boosting the end goal by 100,000 apartments, de Blasio announced.
The failure to reach an agreement could badly hinder Mayor Bill de Blasio's plans to build 80,000 units of affordable housing, which is dependent on hugely increasing private construction across the city.
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