"Somewhere last night in New York City, a single mother and her children slept at a homeless shelter because you, assemblyman @ZohranKMamdani are occupying her rent controlled apartment."
On day one, chassis reform cuts $10,000 off a type of home that is already sold in the market in the hundreds of thousands. There's not a lot else that Congress can do in one fell swoop to cut 10% off the price of any home.
Our administration has shattered affordable housing records year after year. Now, we're adding another 'year' to that list: Fiscal Year 2025. This past fiscal year, we produced the most affordable rental units in city history and the most homes for formerly homeless New Yorkers.
"The 'Independence at Charlestown Navy Yard' project from the Archdiocese of Boston and St. Francis House was approved by the Boston Planning and Development Agency in December 2023."
The LIHTC program provides tax credits to developers who agree to reserve a portion of their rental units for lower-income households, making it the most effective tool for addressing affordable housing.
The southwest London borough has unveiled its 'growth plan', mapping out its new 'growth corridor' - an area that has been specifically designed to boost economic development and population growth.
The Baisley Pond Park Project, built by a nonprofit and a developer in collaboration with multiple city agencies, cobbled together an innovative financing package from public and private sources.
Wandsworth Council's growth plan aims to build over 14,000 new homes in the borough within the next decade, covering areas like Battersea, Nine Elms, Clapham Junction, and Wandsworth Town.